Typically, you need an insurance policy that will provide liability coverage, property damage, bodily injury, and collision and accident cover. All this is covered with the 1st for Women’s comprehensive boat and watercraft insurance policy.

No, it’s not a legal requirement to have your boat or watercraft vessel insured. However, due to the risk factors associated with potential damage and the high costs of repair or replacement, First for Women recommends getting an insurance policy for your watercraft. 

We offer Boat Insurance for any South African-registered watercraft that is used on water for domestic or social reasons. This includes a motor boat, ski boat, speed boat, rowing boat, fishing boat, single hull boat, yacht, or jet ski. 

You have the freedom and independence to travel and adventure to your heart’s content, so it makes sense that your boat insurance should travel with you. Our comprehensive Watercraft and Boat Insurance will ensure you are covered even when your adventures take you to foreign waters, such as Namibia, Botswana, Lesotho, Swaziland, Malawi, Mozambique, Zambia, and Zimbabwe.

Our Watercraft Insurance is designed to protect you and your vessel in the most comprehensive way possible. However, there are some exceptions. If you transport your watercraft via road travel, the trailer you use will not be insured. However, it can be insured separately with our Caravan & Trailer Insurance. 

You will not be covered for vessel damage or loss due to faulty repair work, latent defects or poor maintenance. This includes damage caused by insects or pests.  Finally, we don’t insure you against piracy or racing. Furthermore, your insurance claim will be rejected if the craft is seized or confiscated by a legal maritime authority.   

This will vary. However, we use the same factors to calculate your premiums if you need insurance for a boat, jet ski, speed boat, fishing boat or yacht. These include the watercraft’s make, model and age, its value, where it’s housed, what type of motor it has, and how and where it will be used. We also factor in personal information such as your gender, age, and experience in watercraft navigation.