dinghy insurance is something that many people dont even consider because the vessel is relatively small. However, with the increasing number of dinghy sailing clubs and associations within the UK, insurance is something which has started to play on the minds of owners. Dinghy insurance is not always legally required, but it is an important consideration due to the number of accidents every year. It will only take one accident involving you or a third party, to realise how beneficial adequate cover can be as if you are not covered, you will be personally liable for any costs incurred.

There are some occasions when dinghy insurance is a legal requirement, and these include mooring your boat in particular areas, and racing. The majority of clubs will not allow you to become a member without adequate insurance cover as due to the nature of racing, it is more probable that an accident will occur.

Even if you do not intend to race, there are a whole host of reasons to obtain a good level of dingy insurance cover, such as:
Theft
Fire
Capsizing
Collision with rocks, harbours or buoys
Collision with another vessel

If you simply want a basic level of cover, you will need third party liability cover, but you will then be leaving yourself wide open to the financial consequences of the risks of fire, theft, accidental damage and collisions.

There really is no excuse for owners not to obtain a satisfactory dinghy insurance policy as this insurance is available from as little as 20 per year a very small price to pay when you consider the potential consequences.

Similarly to other types of boat insurance policy, there are always exclusions and it is important to check the policy wording and terms & conditions to ensure that you are fully aware of what you can claim for. Common policy exclusions on dinghy insurance include:
Wear and tear
Loss of value due to old age
Minor damage during transport
Corrosion

Whatever you intend to use your dinghy for, ensure that you are fully protected before you hit the water.