Key points at a glance
- Safe in the water: Boat insurance protects your boat fleet against damage on land or in water.
- Tailored insurance coverage: Choose between full or partial accident damage coverage and extended protection through machinery, legal protection, or accident insurance.
- Straightforward administration: With boat insurance for fleets, you insure your entire fleet of water vehicles in a single policy.
What is boat insurance for fleets?
Regardless of whether on water or land, as a boat owner, you're responsible if there's a claim. As well as liability insurance which is mandatory for certain boat categories in Switzerland, you can insure your watercraft with partial or comprehensive accidental damage and accident insurance.
As the owner of several watercraft, you have two options to choose from:
- Boat insurance for fleets: You insure all your watercraft in one single contract.
- Boat insurance: You take out a separate contract for each of your watercraft.
What does boat insurance for fleets from AXA cover?
Liability insurance
Liability insurance covers damage or loss that you inflict on a person (e.g. waterskiers or wakeboard riders) with your watercraft. It pays for damage to property and accidents involving animals. Liability insurance is mandatory for:
- Boats powered by an engine
- Sailboats with a sail area exceeding 15 m²
- Rental boats in general
Partial accidental damage insurance
With partial accidental damage insurance from AXA, the following damage to your boat is insured:
- Theft
- Natural hazards
- Natural hazards ‘Plus’ (storm damage while berthing on the water is insured in addition to natural hazards cover)
- Fire
- Snowslide
- Malicious damage (vandalism damage up to CHF 10,000)
- Loose accessories
- Flying objects
- Damage due to seaweed, nets, ropes or lines up to CHF 5,000 (deductible CHF 500)
- Recovery and transportation to the nearest dock, up to CHF 100,000.
Comprehensive accidental damage insurance (collision)
In addition to the losses covered by partial accidental damage insurance, comprehensive accidental damage insurance covers collisions:
- Loss or damage due to a sudden and violent external occurrence
- Damage as a consequence of buckled or broken masts and spars, as well as torn standing or running rigging
Machinery insurance
You can supplement your comprehensive accidental damage insurance by adding machinery insurance to the coverage. This module covers loss or damage due to external effects and internal causes such as:
- Improper use, carelessness, negligence
- Insufficient water, oil, fuel, or other operating agents
- Failure of systems used for measuring, control or safety
Accident insurance
Accident insurance protects you against the financial consequences arising from accidents relating to the use of your boat as well as due to sunstroke, heatstroke, hypothermia, freezing, drowning, etc. In these instances, you can choose your own sum insured. The following can be insured:
- Medical expenses
- Daily benefits/daily hospital benefits
- Disability and death lump sum
- Rescue missions, recoveries, transportation of body in case of death, up to CHF 100,000 per accident
- Cleaning or replacing damaged clothing, up to CHF 2,000 per person
Marine legal protection insurance
Legal protection insurance covers the financial costs necessary to defend and enforce your legal interests, for example:
- If you face revocation of your license
- To enforce your rights in connection with damages and satisfaction
- In matters relating to tax and contract law in connection with your boat
The sum insured is limited to a maximum of CHF 300,000 in European inland waters. You are insured for a maximum of CHF 150,000 on sea voyages. If legal advice is provided by a lawyer recommended by AXA, you do not pay any deductible for legal costs.
