Boat Insurance FAQs

GIO Boat Insurance is designed for owners of trailered boats who use their boat for private use only.

Yes, if you’ve purchased the optional ‘Cover for sailing boats when racing’ extra on top of your Comprehensive Boat Insurance.

If you have Comprehensive cover, we’ll cover your boat motor if it’s damaged from fire, impact, malicious damage, sinking, or grounding.

If you’ve purchased the optional ‘Lay-up period’ extra on top of your Comprehensive Boat Insurance, then your boat will be covered for up to 6o months when not in use.

Contents that we cover are items owned by you and your family that are on your boat or locked in a fully enclosed room, shed, garage or vehicle (if you have Comprehensive Boat Insurance or have selected ‘additional cover for boat contents’).

Yes – 60 knots or your boat’s maximum design speed, whichever is less.