Yacht & Pleasure Craft Insurance

Enjoy the benefits of protection for boats and other types of marine pleasure craft

Individual Yacht & Pleasure Craft

Argus offers comprehensive insurance (including third party) against a variety of threats to your boat & pleasure craft.

Yacht & Pleasure Craft Insurance: What Does It Cover?

Third-Party Liability

Third-Party Liability

Argus offers Individual Boat Liability insurance, which includes coverage of compensatory damages for loss of life, personal injury, removal/destruction of the vessel and associated legal costs.

Theft

Theft

A range of coverages is available to offer financial protection against boat theft or theft of outboard motor(s), gear or equipment.

Hull

Hull

Provides indemnity from liability on an all-risk or named-peril basis. Certain navigational limits may apply.

Additional Protection

Collision

Argus yacht and pleasure craft insurance plans include coverage for collisions with other vessels as well as damage to piers and other structures.

Perils of the Sea

Argus Yacht & Pleasure Craft coverage will help shield boat owners from the financial burdens associated with damage caused by the perils of the sea.

Flexible Limits

If your business does not fit within one of our package policies, let us customise a package for you. We can adapt a policy to suit your individual insurance requirements.

Material Damage

Our coverages include but are not limited to, indemnity against perils of navigable waters, fire, jettison or contact with deck/harbour equipment.


Interested in Getting a Quote?

Speak to our experienced representatives.

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WHY CHOOSE ARGUS?

At Argus, we care about our clients. By focusing on our strengths and values, equipped with a talented team and an ever-growing local client base, Argus Insurance Company (Europe) Limited, Malta Branch aims to become the customer's most respected choice for insurance.

Why Choose Argus

Excellent Customer Service

Excellent Customer Service

When you need a quote, immediate cover, or you need to make a claim, we pledge to give you an instant response, locally made.

The Right Level of Coverage

The Right Level of Coverage

Worried about having too much or too little coverage? Our experts will help you decide the level of coverage best for you.

Quick Claims Payments

Quick Claims Payments

We understand that time is money. That is why, at Argus, we process and pay your claims as quickly as possible.

Responsible Business

Responsible Business

Argus cares about the local community and strongly supports it through our business activities and through a community and charitable support programme.

Marine Insurance Resources

Marine Insurance Resources

Frequently Asked Questions

Compulsory third-party liability insurance is required for boats with an engine HP above 9.9HP, with a minimum limit of €235,000.

Argus is one of the few insurers in Malta who handles all claims locally. Our experienced claims team is supported by a carefully selected network of surveyors and repairers. Decisions are made swiftly and locally, and are backed by the Argus Customer Charter. Please feel free to complete a claim form.

A survey is required for boats over 10 years old and every 4 years thereafter.