Compare tariffs
The premium difference shows every year. The cover difference shows once.
And that once is usually expensive. Both are set out below, without decoration.
| Benefit | Basis | Basis-Plus | Premium |
|---|---|---|---|
| Third-party liability | €10m | €25m | €50m |
| Hull cover | Not included | Full hull | Full hull |
| Agreed value | n/a | Yes, sum agreed | Yes, unlimited and adjustable |
| Gross negligence | No | Up to 25 % of the sum | Up to 50 % of the sum |
| Salvage and wreck removal | n/a | €1m, on top of the settlement | €2.5m, on top |
| Excess on total loss and theft | n/a | None | None |
| Outboard theft | No | Included, no immobiliser clause | Included, no immobiliser clause |
| Osmosis | No | No | Up to 48 months |
| Outside the agreed area | n/a | n/a | Six weeks a year |
| Trailer and tender | Included | Included | Included |
| Club racing | No | Included | Included |
| Hurricane exclusion | None | None | None |
A guide based on our own wording. Your policy governs; ask us for it before you sign, and read it.
Which one fits which situation
Basis
A small boat, or a certificate for the marina
Liability only. It makes sense when the hull is worth little enough that you would carry a total loss yourself without it hurting.
Basis-Plus
The usual choice
Full hull cover with an agreed value, gross negligence to 25 %, and no excess on total loss or theft. For most boats kept in Europe this is the balance point.
Premium
High value, or sailing far
Unlimited agreed value, gross negligence to 50 %, osmosis and six weeks outside the area. Past a certain sum the premium difference is smaller than the risk it removes.
With any insurer
How to compare two quotes properly
Write down what the policy wording says, not what the brochure says. If a figure is missing, ask in writing; if the answer stays vague, that is an answer in itself.
Agreed value or market value, the line that decides a total loss.
A sub-limit per injured person, not only the overall liability cap.
Gross negligence: a percentage of the sum, or a fixed cap in euros.
Salvage: paid on top of the settlement, or taken out of it.
Cruising area, and whether cover runs all twelve months.
Excess: amount, exceptions, and whether it falls with claim-free years.
At the end compare the amount invoiced, not the premium: policy fee, issuing charge and instalment loading all add up.
Not sure
Which of the three makes sense for you?
Tell us the value of the boat and where she lies. In two minutes we will say which tariff fits and which would be money wasted.
Before you sign
The three questions you actually have
Not “what does it cost”; you can work that out yourself in a minute. These are the three nobody asks an insurer out loud. Here they are, with the answers we can back up.
“Will they actually pay?”
We are an Assekuradeur; a managing general agent that underwrites and settles claims under its own authority. Our own claims department, appointed surveyors, more than 2,000 partner yards. Cover checked within 24 hours, release or a survey appointment within 48. We settle directly with the yard; you pay the deductible and nothing else.
What happens in the first 48 hours →“Who picks up the phone?”
A family firm since 1989, now in its second generation, with three of its own offices: Königs Wusterhausen near Berlin, Salzburg and Palma de Mallorca. No call centre, no franchise. You get a named contact from the first hour; and after office hours, a number somebody answers.
Out of hours: +49 3375 29 28 95 →“And if I choose wrong?”
Find the same cover cheaper elsewhere and we make up the difference. Our comparison sets seven providers against the same criteria; including the segments where somebody else comes out ahead of us, and the one where we are the most expensive in the field.
Price guarantee →When we are not the right fit →