Business Details
50+ Years
experience
Trusted Marine Insurance Solutions for Boats and Yachts
Velos Insurance has been a trusted name in marine insurance since 1975, offering tailored solutions for private and commercial clients. Our team of specialists brings over 100 years of combined experience, ensuring competitive rates and comprehensive coverage for yachts, pleasure crafts, and commercial vessels. We pride ourselves on market-leading customer care, efficient claims handling, and a commitment to understanding the unique needs of every client.As an independent broker, we provide access to exclusive products from leading insurers, supported by a professional underwriting team dedicated to delivering bespoke policies. Our reputation for reliability and transparency has solidified our position as one of the UK's leading marine insurance providers, serving both individual boat owners and marine trade businesses.
Services
Boat Insurance
Yacht Insurance
Commercial Craft Insurance
Marine Trade Insurance
Pleasure Craft Insurance
Details
- Year established: 1975
Highlights and features
- We have over 49 years of experience in marine insurance since 1975.
- Our team offers tailored policies for yachts, pleasure crafts, and commercial vessels.
- We provide efficient and fast claims handling with a dedicated team.
- Our competitive rates are supported by partnerships with leading insurers.
- We specialise in bespoke insurance solutions for the marine industry.
Associations and certifications
- Financial Conduct Authority
- BIBA (British Insurance Brokers Association)
What people say
Super helpful and patient
Exceptional boat insurance
Fast & efficient service
Super helpful
Excellent competitive service
Services
Boat Insurance
Velos offers comprehensive boat insurance for private and commercial vessels, covering accidental damage, theft, and third-party liability. Policies include personal accident cover and protection for dinghies or trailers. Our team ensures tailored solutions for yachts, motorboats, and narrowboats, with competitive premiums and wide coverage options.
Commercial Craft Insurance
Designed for small commercial vessels, this insurance covers risks like cargo loss, liability, and vessel damage. Tailored policies protect businesses in marine trades, including marinas and boatyards. We provide public liability and employers' liability coverage, ensuring compliance and financial security for commercial operators.
Marine Trade Insurance
Specialist insurance for marine businesses, including marinas, boat builders, and repair services. Coverage extends to buildings, stock, machinery, and business interruption. Policies protect against risks like damage to vessels under care, public liability claims, and loss of income during operational disruptions, tailored to the unique needs of the marine sector.
Yacht Insurance
Comprehensive protection for yachts and sailboats, including hull damage, theft, and third-party liability. Policies cover personal property and dinghies, with options for bluewater cruising. Our specialists ensure competitive rates and tailored terms for both recreational and occasional commercial use of yachts.
Claims Handling
Velos provides a dedicated claims team to manage incidents efficiently. We guide clients through reporting procedures, coordinate surveys, and expedite repairs while ensuring compliance with policy terms. Our process minimises stress for clients, offering clear communication and rapid resolution for all marine insurance claims.
Questions
What does boat insurance typically cover?
Our policies cover accidental damage, theft, third-party liability, personal accident, and dinghy/trailer protection. Specific terms vary by policy.
How are boat insurance premiums calculated?
Premiums depend on vessel size, usage, experience, security features, and coverage level. We offer competitive rates based on individual risk profiles.
Can I get insurance for commercial marine activities?
Yes, we provide specialist commercial craft and marine trade insurance for businesses in the maritime industry, including liability and operational coverage.
What should I do to make a claim?
Contact our claims team immediately, provide incident details, and complete a claim form. Retain evidence and obtain estimates as instructed.
Is boat insurance legally required in the UK?
While not mandatory, most marinas and waterways require insurance. It's recommended to protect against financial risks from accidents or damage.
Do you offer tailored policies for specific boat types?
Yes, we provide bespoke coverage for yachts, narrowboats, RIBs, motorboats, and commercial vessels, ensuring policies match individual needs.
