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The global boat insurance market is predicted to reach $1260 million by 2028, reflecting rising boat sales alongside the number of individuals taking out a boat policy. The notion of insuring a vessel is less clear than taking out a home, car, or travel premium, and many of those in the market are unaware of …

One of the advantages of having boat insurance is the peace of mind it provides to anyone venturing out onto the ocean. But simply taking out a policy doesn’t necessarily mean that all eventualities will be covered should an accident occur. Real equanimity comes from knowing precisely what you’re covered for, and ensuring you’ve clarified …

Once you’ve invested in your dream boat, taking out an insurance policy may not be at the top of your priority list. Instead, your mind is probably running at a thousand miles an hour thinking of the exciting boat trips you are about to set sail on, but stopping to consider the practicalities is an …

Third-party liability boat insurance is required by any vessel harbouring an engine of 10HP or more, but it’s advisable for all those who enjoy life on the ocean. In the US alone, more than 5,000 recreational boating accidents occur every year, with the majority of these being on calm waters. Alongside personal injury and damage …

Recent figures placed the number of boat owners in Malta at over 20,000 – far more than the 2,422 marina berths within the country’s waters. Such figures may not compare to the number of homeowners or those driving cars, but they’re considerable and increasing year-on-year. Even though figures show that most recreational boats in Europe …