Insuring Small Commercial Crafts
When your boat is your livelihood, ensuring you have the best protection when something goes wrong is essential.
Our small commercial craft policies aren’t listed on any price comparison site, as we create coverage that is tailor-made to each customer’s requirements.
At Velos, we have been insuring commercial boats for 50 years, so we know which insurer offers the best cover for your particular type of small commercial vessel and activities.
Not only that, we have our own scheme which allows us to provide you with a quick response and a competitive price.
Despite this, we will always get you alternative quotes from the panel of insurers we work with you so you know you are getting the right policy at the right price.
Get a FREE QuoteThe level of cover that insurers usually provide is as follows;
- Cover for loss, damage, theft and third-party liability
- Agreed value policy
- Standard Third Party Liability limit of GBP 3,000,000 but can be increased to GBP 5,000,000
- Additional cover is available for unpaid and paid crew
- No excess deducted for loss or damage claims caused by an uninsured third party
- Up to 25% No Claims Bonus
- Wreck Removal & Salvage Charges
Types of small commercial vessels cover include:
- Potting & netting
- Mussel & oystering
- Rod & line fishing
- Work Boats
- Pilot boats
- Laying/Servicing of moorings
- Windfarm support
- Standby/safety duties
- Small ferry boats
- Angling parties
- Sightseeing
- Diving
We’ve been in boat insurance for 50 years and have built up relationships with most of the small commercial boat insurers in the UK and global providers on the market.
If our small commercial craft policies aren’t suitable for you for whatever reason, we’ll be able to source an alternative moored boat insurance quote from another insurer, so you don’t have to scour the entire market – we’ll do it for you.
Contact Us:
Want to get a FREE quote from us today to find out more about how we can help you get the right insurance solution.
Contact Us
Claims Support:
You can contact our claims team By Telephone: 020 7929 4058 from the UK or +44 20 7929 4058 from abroad.
Claims SupportWhy choose Velos?
As one of the leading marine insurance providers in the UK, we have been providing commercial and private marine insurance to yacht, pleasure craft and boat owners since 1975. We offer competitive rates and tailored boat insurance cover no matter our customers’ needs.
- Tailor-made, bespoke insurance policies
- Competitive premium & wide cover
- Market-leading reputation for customer care
- Professional underwriting team
- Efficient and fast claims handling
What Our Customers Say
It couldn’t be easier: use the claims section of our website and follow the instructions there. If you have any questions, just get in touch with us directly and we’ll be happy to talk you through it.
Get in touch by email or phone and we will make the requested changes to your marine trade insurance policy.
Absolutely. Please call tel: +44 (0)20 7929 4058 and select option 1. Our office hours are Monday to Friday, 09:00 to 17:300 UK time.
No: you should use your usual service providers. If needed, insurers will appoint a marine surveyor to inspect and report on the incident.
Irrespective of which policy you select there are always some exclusion to cover. these would normally be as follows;
- Loss, damage, liability or expense intentionally caused by or consented to by you or arising from unseaworthiness resulting by you
- Cost of repairing any defect from a prior repair, alteration or maintenance work
- Design or construction fault
- Loss and damage caused by wear and tear and lack of reasonable maintenance
- Loss and damage caused by insect, vermin, damp and marine life
- Theft of insured gear and equipment unless it follows violent forcible entry into your vessel or place of storage
- Theft of insured personal effects unless it follows violent forcible entry into the vessel or vehicle while in transit
- Theft of your outboard motor unless it is secured to your vessel by an appropriate anti-theft device in addition to its normal method of attachment or violent forcible entry into the vessel or place of storage
- Theft or loss of boats, such as dinghies or tenders, not permanently marked with the name of the parent vessel
When your vessel supports your business, finding the right cover matters. Our team can guide you through the process and help arrange insurance suited to your operations.
Whether you operate a workboat, passenger vessel or specialist commercial craft, Velos can help.
