Is boat insurance a new value, is it for all types of ships?

Is boat insurance a new value, is it for all types of ships?

Before you buy new value insurance, you should first know that this type of protection covers ship damage for three to six years.

The protection of new value generally applies only to new or recent ships, pontoons or sailboats. In any case, do not forget to sign a contract. This allows you to be reimbursed in the event of theft, fire or even an accident that results in the complete loss of the ship.

Before choosing insurance for your ship, know if one that is trying to protect only your ship when it is on the water. Some insurers will offer you insurance for towing and wintering your ship, pontoon or sailboat, others will only pay for the costs of a disaster that occurred at sea.


Related articles