Boat Insurance Glossary

Welcome to our Boat Insurance glossary, select a letter to navigate to our list of available definitions;

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y |


Latest New Terms...

Aft

  • Aft simply means near to or towards the stern of a vessel.

Total Loss Replacement

  • An insurance coverage option which in the event of total loss with a replacement boat that is, to all closest extent, the same make and model and contains comparable features.

Salvage

  • A salvage is the process of managing to retrieve or save a vessel from a perilous situation such that it is not written off for insurance purposes (i.e. saved without need for repair or made seaworthy again through repair).

Thwart

  • Thwarts provide extra strength and durability to the hull and are normally used to house a boat seat.

Mainsail

  • The mainsail is usually simply the tallest and/ or widest sail.

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Please note: All boat insurance glossary terms are provided with best intentions only. All terms are subject to correction or amendment at any time and are also always superseded/ secondary to any definitions provided in current marine insurance policy documentation.

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