Insure My Boat

Insure My Boat

November 19, 2009 09:54 ET

Insurance a Requirement for Any Boat or Yacht Using British Waterways

CHIPPING NORTON, UNITED KINGDOM--(Marketwire - Nov. 19, 2009) - As part of national boat checks, the British Waterways are set to crack down on all unlicensed boat owners, whether yachts, motor boats, sailboats or narrow boats. If caught, boats will be seized and consequently destroyed or sold.

The organisation raises around Pounds Sterling 20 million per year from boat owners for the maintenance of footpaths, locks, bridges as well as dredging waterways. The rest of the money required for this essential maintenance is generated from taxpayers.

Employees from the British Waterways will be patrolling river banks monitoring boats; just like the police they will be using hand held computers to scan boats to determine whether or not they are licensed. With license fees starting from just Pounds Sterling 83 and with many discounts available, the organisation see that there is no reasonable excuse not to conform to their licensing rules.

In order to purchase a license, it is essential that the boat owner is in possession of an insurance policy from a company authorised by the FSA, with third party coverage of at least Pounds Sterling 1 million. Fortunately there are companies that offer boat and yacht insurance quotes online, to suit a variety of requirements.

Unlike car insurance, boat insurance can be relatively difficult to find. Insure My Boat is a comparison website where owners can quickly and easily find an insurance policy that suits them and their budget exactly.

'Some boat owners may find it difficult to search for reasonable insurance policies; here at Insure My Boat we aim to make this simple to ensure that they are covered against accidental damage, theft and to ensure that they are able to purchase a license to use the British Waterways.' David Quick, MD

Boat owners no longer need to search through multiple websites, signing up for call backs; instead at just a push of a button they are able to access large quantities of quotes that are tailored specifically to their needs. They offer either third party or fully comprehensive quotations to protect vessels against accidental damage or theft, once chosen boat owners can store quotes for up to 30 days. For those that want to speak to a member of Insure My Boat's team, customers are able to call and discuss the insurance options in detail.

Insure My Boat are urging any boat owner that is concerned that their yacht, narrow boat or sail boat could be seized, to immediately purchase a license from British Waterways and make sure their vessel is adequately insured.

For more information take a look at their website or give a member of their team a call on 0845 450 5126.

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