Laser Insurance
| Insurer | Outstanding Policy Features | Quote |
|---|---|---|
| Towergate Mardon and marine and boat insurance specialists, with over 30 years experience offering a true personal service. |  |
|
| Scheme for UK Laser Class Association. Full new-for-old cover on hull, spars and sails. Racing risks, third party liability of £3 million. Automatic cover for 30 days use in Europe. | |
Laser insurance is an essential consideration for anyone that owns such a dinghy, and failing to be fully covered can leave you severely out of pocket. But just what is laser insurance, and what do you need to watch out for?
Well, this type of insurance will cover you in the event that you have an accident both whilst on the road and when on the water, and should come with plenty of additions as well. Third party liability cover is vital, as you never know when an accident could occur. If you or your vehicle damages someone else or their property, you need to have adequate insurance in place to cover any costs that could be incurred.
Make sure to check the small print though – some companies won’t cover you if it’s being towed on public roads as they assume that your car insurance policy will cover it, so always make sure that it’s included somewhere so you don’t come unstuck.
It’s also wise to think about the potential theft of your laser dinghy, and don’t forget about the addition of any racing cover. Most insurers will be able to fully insure you against any racing risk, and a lot will be able to offer new for old cover as standard to make sure you don’t lose out financially. Always look out for any extras that can be included as well, such as personal effects cover, and make sure that your policy will cover you for any holidays in the EU.
You may be reluctant to look for this type of insurance, perhaps thinking that it’s too tricky to find or even that it’s going to be too expensive, but that’s certainly not the case. You will have to do more research than you would for, say, car insurance, but that’s only to be expected with this type of vessel. There are plenty of specialist insurers out there and all will be able to offer fully comprehensive policies, and if you look carefully you’ll find great prices too.
There are even things that you can do to reduce your premiums, such as opting for a higher excess and foregoing some of the added extras. But, don’t opt for a lesser policy just in an attempt to save some cash, because you could well find that you needed that extra protection. As long as you have everything that’s needed at a price you can afford then you can hit those waves with confidence, so make sure that you’ve got the right laser insurance policy and you’ll have nothing to worry about.