Racing boat insurance is specialized coverage designed for high-speed, competitive vessels—whether speedboats, racing yachts, or offshore powerboats. Because standard marine policies often exclude racing, you need a policy that explicitly covers racing risks, high-performance capabilities, and event-specific liabilities
Competitive boating amplifies risk. At high speeds—or in close proximity to other vessels—incidents can lead to severe damage or liability. Standard policies often exclude racing or fast-speed events, leaving you unprotected when it matters most. A dedicated racing insurance policy ensures you’re covered during actual events, whether you’re navigating regattas, offshore courses, or sprint races.
Nautical Insurance (UK)
Offers tiered racing coverage:
Legal Liability Only
Hull & Legal Liability
Racing Risks: Adds MSSR cover during racing windows
Pantaenius Racing Yacht Insurance
Tailor-made solutions for inshore/offshore campaigns and regattas, featuring 24/7 claims support, specialist surveying, and global service.
Craftinsure (UK)
All-risks cover for racing yachts up to £600,000. Includes underwater gear, personal effects, tenders, trailer, and £5 million third-party liability.
Fort Insurance (France)
Specialized plans for racing classes like IMOCA, TP52, WALLY, Mini 6.50—covering third-party liability, repatriation, and customized support.
UK (NimbleFins data)
£50,000 boat: £239/year for local club racing, £711/year for regatta/national-level racing.
Discussion Forums (Reddit user experiences)
One user: Hull liability-only racing coverage: ~$200/year for a 24′ boat.
Another: Adding racing increased premium from $100 to $600/year on a Pearson 28-2
Liability alone ~£240/year (Northern Europe) or ~200 CAD/year for racing dinghies and trailers included
Percentage of Boat Value
Most policies range from 1.25% to 3% of agreed value, depending on risk factors like coverage types and loc
Boat insurance covers your vessel against damage, theft, and liability for accidents on the water.
Complete protection for charter boats, including passenger liability.
Specialized coverage for luxury Sailboat, with options for global navigation.
Cost-effective policies for multiple vessels under one plan.
Enhance your coverage with add-ons like towing assistance, personal accident cover.
All-Risk Boat Insurance provides broad coverage for most types of accidental loss or damage to your boat.
Physical Damage Coverage protects your boat against repair or replacement costs from accidents, storms, theft.
Theft & Vandalism Coverage protects your boat against losses caused by stealing or intentional damage
Speedboat Insurance protects your high-performance vessel against damage, theft, and liability for accidents.
From serene lake cruises to high-speed ocean adventures, we ensure your vessel is covered anywhere you go. Our partnerships with top-rated marine insurance companies mean you get the most reliable protection at the best rates.
Yes, some providers have owners age restrictions for boat insurance, but we work with multiple companies to ensure coverage is available for most age groups.
The cost varies depending on your boat’s value, usage, and location. We can provide a free boat insurance estimate to help you budget.
Yes, Auto Owners Boat Insurance is well-rated for customer service and claims handling, making it a solid choice for many boaters.