3 Things Not Everyone Knows About Our Boat Insurance Cover In Spain

by Liz Seyi Digital marketing manager

We won’t be offering prizes for guessing why we have chosen to write about Spanish marine insurance right now – the fact is, this is a time of year that sees a lot of enquiries about this type of policy. And here at Ibex Insurance Services, we are proud to offer comprehensive and reasonably priced insurance cover in Spain for sailboats, motorboats, and superyachts alike.

But as is the case with any other type of insurance, it really is crucial to know exactly what you will be buying, and what you won’t be getting, when you invest in marine insurance through an insurance provider or broker.

So, here are some things it is important for you to be aware of when it comes to boat insurance cover in Spain obtained through Ibex.

What we cover, and what we don’t cover

You should always be poring over the details of any policy that you consider purchasing. And if you are unsure about anything, you are always welcome to ask our English-speaking staff here at Ibex for clarification – whether over the phone, or even in person on a visit to a brick-and-mortar branch of ours.

Our own boat insurance cover in Spain, for example, protects the policyholder against such risks as fire or explosion, theft, storm, or vandalism. But you should note that there are also certain things our cover excludes, including wear, tear, depreciation, or gradual deterioration.

The coverage we can provide for your boat when in transit by road

The summer is a time when you might be anxious to get your boat to particular locations by road – and of course, that process in itself can present certain risks.

Again, though, we would urge you to pay close attention to the details of whatever policy you buy. If a boat that you have insured with us is less than 30’ in length, coverage will be automatically provided against the risk of the boat becoming lost or sustaining damage.

If your boat is larger than this, we can still provide it with coverage for transit by road. However, this is subject to you letting us know in advance, as well as a professional transportation company being used to undertake the transit.

The wide range of optional extras available

The essentials of your boat insurance cover in Spain might be exactly that – the essentials – but with your boat being such a huge investment in itself, there is little point in accepting just ‘any old’ basic policy. And again, our advisors can communicate with you in plain English on what is available, to help ensure you fill any potentially costly gaps in your coverage.

That might mean arranging coverage for personal effects, machinery damage, chartering, extended cruising range, and the high-speed use of your boat, the latter defined for the purposes of our insurance as more than 17 knots. Those are just some of the possibilities when you turn to Ibex for your marine cover.

Are you ready to discover just what could be possible for your boat insurance cover in Spain when you place your trust in our team? In that case, it really can be a very quick and straightforward process to request a quote from us online – or you could even pay a visit at your closest Ibex office.