Sunday, 19th November 2017
INSURANCE Article
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This Month's Magazine
Is Your Boat Adequately Covered?

Is Your Boat Adequately Covered?

Owning a boat is one of lifeÂ’s great pleasures and can give many years of enjoyment. But they are expensive items and therefore need to be adequately protected.

So many ex-pats in Spain have their own boats, but are not always sure where best to insure them. Whilst the local insurance market can prove competitive in premium, ex-pats may not always fully understand the extent of the cover, or indeed that the policy may be governed by Spanish Law. Claims can often be dealt with more simply if the technicalities can be discussed in your native tongue.

Choosing the right insurance can be a bit of a minefield, so it can pay to go to the specialists. That is why so many ex-pats now turn to Velos Insurance Services Ltd. As an independent marine insurance broker, based in the City of London, Velos have access to a panel of first class marine underwriters, both Company and Lloyds, to ensure they are able to find the most suitable policy for each individualÂ’s needs at the most competitive premiums. With an on-line enquiry form available on their website it is easy to communicate with Velos from abroad.


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A number of Yacht Brokers along the Costa Blanca & Costa del Sol have also recognised the valuable benefit Velos can bring to their business. By recommending Velos, their customers are able to get a speedy and competitive quote, together with a friendly service. The fact that the polices are written in English by well known underwriters gives total peace of mind, and mandatory Spanish Liability Certificates can be issued immediately to ensure compliance with the local authorities.

Velos welcomes enquiries from individual owners and introductions from all Yacht Brokers in the region alike. Anyone interested in finding out more, or to see how Velos may be able to assist them should contact Velos on +44 20 7375 3273 or visit their website.



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