Yacht and
boat insurance

For Mallorca, Canary Islands and Mainland Spain

Yacht and boat insurance in Mallorca and Spain

A boat insurance, or third-party boat liability insurance, is basically to be regarded like car liability insurance in Spain. It is considered one of the mandatory insurances and is valid for one year! It doesn’t matter if you use a sports boat, yacht (motor yacht, sailing yacht), motorboat, sailboat, or catamaran.
To be allowed to navigate the waters in Spain, the original insurance certificate should always be carried.

Since we do not represent just ONE insurance company, you enjoy a wide selection of insurers with IBERIA INSURANCE BROKER. We find the right solution for your needs.

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Why choose Iberia Insurance Broker?

Tailor-made tariffs and a wide selection

We work closely with various insurers to obtain the best special rates FOR YOU.

We are independent

We offer free and non-binding advice. We work with different insurers to ensure you receive the best insurance coverage.

Always there for you

Excellent German-speaking customer support, 24 hours, even on holidays.

What our yacht and boat insurances offer

What does boat liability insurance cover?

Hull insurance services:

Theft and partial theft
Damage from fire, lightning, and explosion
Vandalism
Total and partial loss
Technical and nautical equipment
Accessories

More than just standard

At Iberia Insurance Broker, customers receive the Iberia Service+. This gives you more service without having to pay extra or sign an additional contract. Included are:

Selection of insurances from over 10 different insurance companies
24-hour hotline - free - throughout Spain
Personal consultation at the customer's location
Cost-benefit analysis of old insurances with optimization suggestions
Consultation in your language

What sets us apart in yacht and boat insurance in Mallorca and Spain:

We offer special rates, independent advice, and specialized solutions for yacht and boat insurance in Spain, combined with comprehensive and individually tailored insurance coverage.

Attractive special conditions

Thanks to our special rates and tariff optimizations, you can significantly reduce contributions when switching insurers.

Specialized and independent advice

Our independent consultants offer free advice and work with specialized providers to find optimal solutions for specific needs.

Individual security

We offer tailor-made insurance solutions perfectly matched to your needs.

Important Questions & Answers

Frequently asked questions about yacht and boat insurance:

WHAT is a boat insurance?

A boat insurance or third-party boat liability insurance, is fundamentally to be viewed like a car liability insurance. It falls under the mandatory insurances and is valid for one year! It is irrelevant whether you use a sport boat, a motor or sailing yacht, a motor or sailing boat, or a catamaran.
To sail the waters in Spain, the insurance certificate should always be carried in original form.

WHY is it sensible to take out yacht or boat insurance in Mallorca and Spain?

Iberia Insurance Broker uses all major providers for this area – even in Germany. With excellent claim service in Spain and all known ports across Europe, Iberia Insurance Broker resolves your issues quickly and effectively.
With the boat insurances offered by Iberia Insurance Broker, you can fully devote yourself to your hobby and focus on your preferred waters. Our experience, and that of our insurance partners, is always ready to assist.
The individually tailored insurance packages protect you without long waiting times from the financial impacts of nautical dangers. For every ship type, every sailing area, and need, there is the right boat insurance. Experience and no-claims discounts are considered and adopted. For motorized yachts with diesel engines, special discounts apply and deductibles are reduced after years without claims.
In general, a boat insurance offers, depending on the wish, worldwide insurance coverage. Usually, coverage is not limited to the owner, but extends to those who are authorized or responsible for operating the boat or yacht.

WHAT does yacht or boat insurance in Mallorca and Spain cover?

Personal injury
Property damage
Financial losses
Rental property damage
Tender boat without horsepower restrictions

An important aspect of boat liability insurance is a sufficiently high coverage amount, covering personal, property, and financial damages comprehensively. For example, in the event of a self-caused accident in the harbor, multiple other boats can quickly be affected.

If a third party suffers long-term health damages due to an accident caused by the boat owner, the responsible party must expect immense compensation claims. If the selected coverage amount for the liability insurance is too low, the insured must pay the difference to the damage himself and is liable with his entire assets.

A third party isn’t always to blame if one’s own boat is damaged. Possible risks include fire, capsizing, or sinking due to grounding, as well as force majeure such as storms or hail.

Therefore, besides boat liability insurance, a boat hull insurance should also be taken out.

Hull insurance covers damages to one’s own boat, including those caused by vandalism or fire.

Many total losses also occur in winter storage. Therefore, the transport to winter storage should also be covered by the insurance.

WHAT does the hull insurance cover?

Theft and partial theft
Damage from fire, lightning, and explosion
Vandalism
Total loss and partial loss
Technical and nautical equipment
Accessories

Free service:

We review and optimize your existing insurance.

We take a close look at your current insurance policies and offer you tailor-made comparison offers from leading insurers like Allianz, Generali, Zurich, DKV and many more.

Whether you have had insurance for a long time or just want to ensure you have the best coverage at the best price – we are here for you. Together, we check your existing policies and compare them with the latest offers we have created for you.

Personal advice

Would you like personal advice? Let us advise you without obligation. Provide us with your email address or phone number, and we will contact you promptly.