The number of narrowboats in the UK is constantly on the rise and it is easy to see why, with the huge number of canals which decorate the British landscape, narrowboats are the perfect solution to a relaxing holiday. If you do own a narrowboat, it is essential that you invest in narrowboat insurance as not only is the original purchase price high, but the likelihood of your personal possessions also being on board are very high.

Narrowboat insurance is not a UK legal requirement but it is strongly recommended for numerous reasons, and some British waterways do insist that you hold narrowboat insurance before accessing them. If you are heading on holiday without adequate cover, you could find yourself in for a nasty surprise when you a rejected access to one of the waterways on your travels. To ensure that you and your family are able to enjoy your narrowboat holiday without any hassle make sure that you obtain adequate cover before starting out.

Unfortunately a disruption to your holiday is not the worst thing that could happen, there are number of accidents and incidents that could happen on the water. If your narrowboat is involved in an accident, third party liability insurance comes into play; this will provide you with financial cover for the costs to the other persons property, or compensation.

However, although third party cover is a must, it is always sensible to go the extra mile and consider a more comprehensive level of cover. If your boat were vandalized, stolen or damaged accidentally, would you be in a position to pay for all the costs? Narrowboats are expensive to buy and repair so any damage incurred can be very costly. It is always worthwhile to obtain a high level of narrowboat insurance to ensure that you and others around you are fully protected.

Comprehensive insurance doesnt have to cost an arm and a leg; discuss your requirements with a specialist marine insurance provider to achieve the best price possible. You could also reduce the cost of your annual premium by becoming a member of the Inland Waterways Association.