Boat insurance in Portugal
INOV Expat is fully knowledgeable of boat insurance in Portugal and can, therefore, advise you on the most appropriate choice of insurance for your recreational sailing needs: new and used motorboats, sailing boats, yachts or jet skis. We are an insurance brokerage firm that has been working with the best insurance companies in the market since our foundation in 2004 to be able to offer you boat insurance that is customised for you and at the best price.
We can answer all your questions as well as handle any claims necessary throughout the term of your insurance policy and act as privileged liaisons to defend your rights against insurance companies. Our specialists will advise you in English or in the language of your choice: French, Spanish, Portuguese. Don’t think twice. Ask for your quote and find the best boat insurance here
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Basic
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€60year
- Mandatory civil liability
- Legal defence
- Loss, damage and/or theft
- Environmental pollution damages
- Personal belongings and accessories
- Claims for damages
- Personal accidents
- On-water assistance
- Wreckage removal
- Voluntary civil liability
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Complet
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€150year
- Mandatory civil liability
- Legal defence
- Loss, damage and/or theft
- Environmental pollution damages
- Personal belongings and accessories
- Claims for damages
- Personal accidents
- On-water assistance
- Wreckage removal
- Voluntary civil liability
FAQ
With its experience and knowledge of the boat insurance in Portugal market, INOV Expat is a privileged liaison that can ensure your recreational sailing in complete peace. Our specialists will advise you in English (or in the language of your choice: French, Spanish, Portuguese) on the boat insurance in Portugal that best adapts to your sailing needs.
Don’t think twice about asking for comparative options for boat insurance in Portugal here.
Having at least civil liability insurance for your recreational boat (embarcações de recreio) is mandatory in order to sail in Portuguese waters. This civil liability insurance covers up to €25,000 in Portugal.
It is also mandatory to include a specific guarantee covering liability for polluting the environment. If you do not meet these minimum requirements, you may not sail in Portuguese waters.
Beyond mandatory civil liability for your boat, nautical assistance can help you if you need your boat towed or rescued which would otherwise be quite costly.
Nautical assistance also pays for the costs of removal in the event of a breakdown, particularly in the middle of the port. This nautical insurance is usually mandatory if you wish to receive authorisation to dock at a Portuguese port.
In the event of a sailing accident, mandatory boat insurance in Portugal (civil liability) does not cover any bodily injuries. To sail in complete peace, INOV Expat recommends optional guarantees which allow you to create “à-la-carte” boat insurance covering your sailing needs as well as passenger bodily injury, material damages and even seaside assistance and towing from the sea.
Information
To sail in complete peace, INOV Expat recommends insuring your boat: breakdowns, theft, sinking… our different formulas can cover all types of incidents when docked or out at sea.
With INOV Expat, you can be assured of peaceful sailing in Portugal and assistance in English.
Articles 41 and 42 of Portuguese Decree-Law 124-2004 requires owners of recreational motorboats classified as type 1 to 5 and those over 7 metres long to have minimum civil liability insurance covering damages to third parties.
Your English boat permit is valid in Portugal. However, if you are a resident and regularly sail in Portuguese waters, you should apply with local maritime authorities to exchange your UK permit for a Portuguese permit. (Costs around €88 / www.portaldomar.pt)