Sail Carefree: Your Yacht Protection
Comprehensive protection for your sailing yacht. nextsure offers tailor-made sailing yacht insurance – digital, transparent, and tailored to your needs. Optimally secure your boat.
Individual Protection
Digital Processing
Expert Advice
Why yacht insurance is indispensable
Protection against financial risks
Observe legal requirements
Safety on all cruises
Maintenance of Your Yacht
Key Services of the Nextsure Sailing Yacht Insurance
Our sailing yacht insurance offers comprehensive protection with an all-risk coverage that insures damages to your own boat (hull) as well as damages to third parties (liability). This includes common risks such as collision, grounding, mast breakage, theft, vandalism, and weather damage (storms, lightning, hail). We insure your sailing yacht at a fixed tax value, so that in the event of a total loss, there are no deductions for "new for old." Additional coverage options such as personal accident insurance, regatta risk, or insurance for personal effects can be flexibly added to tailor your insurance coverage optimally to your needs and sailing area. Benefit from fast claim settlement and digital contract management with nextsure.
Our services in detail
Your all-inclusive package for the sea
Comprehensive Cover
Comprehensive cover for damages to your yacht.
Liability Insurance
Covers damage you cause to third parties.
Fixed rate
Agreed value, no deductions in the event of a total loss.
Mastbruch
Special cover for rig and sails.
Regatta Risk
Optional protection for race participants.
Wreck removal
Cost coverage for the removal of the wreck.
Trailer Protection
Insurance for the boat trailer included.
Table Effects
Protection of your personal belongings on board.
Worldwide Protection
Optional extension for international driving areas.
Discover the building blocks of our yacht insurance
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Liability vs. Comprehensive: Choosing the Right Coverage
The yacht liability insurance is mandatory in many countries and marinas, covering personal injury, property damage, and financial loss caused to third parties with your yacht. This includes, for example, damage to other boats, port facilities, or environmental damage. Conversely, hull insurance covers damage to your own sailing yacht, regardless of whether you caused the damage yourself or external influences like storms or theft are responsible. There is a distinction between comprehensive insurance (all-risk coverage) and partial insurance (protection against specified risks). For comprehensive protection, it is highly recommended to combine liability and comprehensive insurance for sailing yachts, to minimize financial risks and safeguard your boat's value.
Important coverage extensions for sailors
In addition to the basic liability and hull insurance, there are important coverage extensions that optimise the protection of your sailing yacht. These include insurance for regatta risks if you participate in races, as there are often higher risks involved. A skipper's liability insurance protects the responsible boat operator, even if they are not the owner of the yacht. Insurance for personal effects on board covers the loss or damage of crew luggage. For longer trips, a foreign travel health insurance and a machinery breakdown insurance might be advisable. Carefully assess which extensions are relevant to your usage habits and sailing plans to avoid underinsurance. nextsure is happy to provide you with individual advice on this.
Cost factors: What affects your insurance premium?
The premium of your yacht insurance depends on various factors. Key elements include the value and type of your yacht (length, age, material, engine power), your chosen area of navigation (inland waters, coastal areas, open seas) and the desired scope of cover (liability, partial hull, full hull, additional modules). Your no-claims discount and any possible excess in the event of a hull claim also affect the premium. A higher excess generally results in a lower premium. Transparent tariff design at nextsure allows you to understand the costs and find the insurance coverage that suits you at a fair price.
In case of damage: Quick assistance from nextsure
In the event of damage, quick and correct action is crucial. Report any damage to your sailing yacht to us immediately, either by phone or digitally through our customer portal. Document the damage in detail with photos and notes, and if it is safe to do so, take immediate measures to mitigate the damage. In cases of theft or vandalism, please report it to the police. nextsure actively supports you in handling the claim, from appointing a surveyor to speedy settlement. Our goal is to provide you with prompt and straightforward assistance in serious situations, so you can soon be safely back on the water.
Haus & Wohnen
Secure your home optimally.
Liability & Law
Protection against everyday risks.
Travel & Leisure
Travel with peace of mind.
Complete your sailing yacht insurance online: Your benefits
The digital completion of your sailing yacht insurance with nextsure offers numerous advantages. You can conveniently compare premiums from home or on the go and customise your coverage. The entire process from quote calculation to contract conclusion is transparent and paperless. Your contract documents are available online in your customer account at any time. You also benefit from quick response times for enquiries and in the event of a claim through our digitalised processes. As an Insurtech, we rely on modern technologies to provide you with the best possible service and tailor-made insurance solutions for your sailing yacht – simple, secure and efficient.
All-risks coverage: Maximum protection for your yacht
All-risk coverage, often referred to as fully comprehensive insurance with extended scope, offers the most comprehensive protection for your sailing yacht. Unlike partial coverage, which only covers defined risks, all-risk insurance generally insures all damages, destructions, and loss of the yacht, unless explicitly excluded in the conditions. This means protection against collisions, grounding, mast breakage, storm damage, theft, vandalism, and many other unforeseen events. nextsure recommends all-risk coverage for most sailing yachts to ensure optimal value preservation and financial security, especially for newer or high-value boats.
Fixed Value vs. Market Value: Which is Better?
When insuring your sailing yacht, you often have the choice between agreed value insurance and current market value insurance. The agreed value is a pre-determined insured amount that is paid out without deductions in the event of a total loss or theft of the yacht. This offers planning security and prevents discussions about the actual value at the time of damage. In contrast, current market value insurance takes into account the current market value of your yacht, which may decrease due to age and wear, potentially leading to a lower compensation in the event of damage. nextsure predominantly relies on agreed value for sailing yacht insurance to guarantee you the best possible coverage in an emergency and to avoid underinsurance.
Is yacht insurance mandatory?
The scope of your sailing yacht insurance is a crucial aspect, especially if you wish to navigate international waters. Standard policies often only cover certain regions, such as European inland waters or coastal waters up to a specific nautical mile limit. For long trips, Atlantic crossings, or sailing in more exotic areas, extending the scope is essential. nextsure offers flexible solutions to tailor your sailing yacht insurance coverage to your individual cruising plans. Before you set off on your journey, ensure you clarify which sailing areas are covered and whether any specific conditions or surcharges apply for certain regions, so you can sail worldwide without worry.
