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Boat insurance for a sailing boat

Best cover for your sailing boat and accessories

Cover for the boat year round

Boat insurance covers losses to your sailing boat afloat and during transportation and storage.


Storm damage without wind velocity limit

We compensate for storm damage to the insured boat regardless of wind velocity.


Owner-customer benefits

As an owner-customer, you will get a discount on your policies and also receive OP bonuses.

Anchors aweigh, freedom awaits

If you ask a sailing boat owner, the best thing about spring and summer is that you can get out on your boat. Your boat insurance is valid throughout the year, so you can enjoy sailing whenever the weather conditions allow.

It is easy to enjoy a sense of leisure and freedom when you boat insurance is up to date. So please remember to tell us if you get any new equipment for your boat. The boat’s sum insured must always cover both the boat and its accessories.

Boat insurance for your sailing boat covers, for example, the

  • hull, rigging and sails
  • dinghy (up to 3.5 m)
  • laying-up blocks and covers
  • motor, navigation equipment and other machines related to use.

What does the boat insurance for a sailing boat cover?

A sailing boat’s comprehensive motor vehicle insurance covers if, for example, your sailing boat is stolen, burns down or is damaged as a result of running aground or colliding, a fire or during transportation. Medium Motor Insurance for a sailing boat covers theft and fire losses, but excludes boat losses, such as collisions or running aground, from compensation.

A boat insurance for a sailing boat is also valid in sailing competitions and always includes the boat’s liability and legal expenses insurance policies. General liability insurance provides compensation if you cause a loss with your boat to another boat or boater to others for which you are liable by law. If necessary, you can increase the general liability insurance compensation amounts for free for sailing competitions.

The commonest loss is running aground, but losses can occur also when the boat is not being used.

Hannu Partanen Insurance Manager, Pohjola Insurance

Trossi service ensures free assistance for your boat

No matter how careful you are, accidents can happen aboard. Saving a boat that is out of order usually costs if lives are not in danger. The cost price is charged for towing a boat that is not in an emergency; this can run for up to hundreds of euros, depending on the size of the rescue boat and the duration of the operation.

If you subscribe to the Trossi service of the Finnish Lifeboat Institution, your boat will be saved free of charge. If your journey is interrupted, you will be towed to the nearest port and assisted in finding a repairer. By subscribing to the Trossi service you also support voluntary rescue services at sea and on lakes.

Nainen uimassa
Health insurance for an adult
Perävaunuvakuutus vakuuttaa perävaunun ja venetrailerin.
Trailer insurance

Validity in sailing competitions

Boat insurance is valid when you take part in or train for a sailing competition registered by the Finnish Sailing and Boating Federation or other sailing competition.

Sail and rigging losses during sailing competitions and related official training carries a 25% additional deductible that is calculated from the loss amount subtracted with the basic deductible.

Organisers of international sailing competitions may demand participants to provide a written certificate on a boat’s general liability insurance. In certain situations, the organiser may also demand higher maximum compensations under the boat’s general liability insurance than normally. If this is necessary, the maximum compensation under general liability insurance can be increased for free by contacting our customer service.

Validity abroad

Our boat insurance is valid automatically without any extension of the territorial scope

  • in the territorial waters and inland waterways of Finland, Sweden and Denmark and the territorial waters of Norway on the coastal areas of the country
  • in the Baltic Sea and its bays, on Saimaa and Kiel Canals and Kattegat and Skagerrak
  • when storing and transporting the boat/yacht in these countries.

Boat insurance and the territorial scope of the boat’s general liability insurance can be extended against an extra premium to other parts of Europe and also outside Europe.

Benefits from Pohjola Insurance

You receive the following insurance benefits for prime customers when you have policies from at least three different product categories:

  • 7% off home and other property insurance, personal insurance, continuous travel insurance and comprehensive motor vehicle insurance policies
  • as our prime customer aged 18–27, a discount of 21% on nearly all insurance for home and family policies.
  • free 40% increase in the sum insured under life insurance.

If you are also an OP cooperative bank owner-customer, you are entitled to an extra discount of 3% on most insurance products. The extra 3% discount for owner-customers cannot be combined with the 21% discount for young insurance customers.

Regardless of your number of policies or type of customer relationship, we always offer the following benefits:

  • a 2.5% discount when paying your insurance bill in one instalment.
  • a permanent 5% discount on life insurance purchased online.
  • free life insurance for one year for parents of children under 12 month

Benefits for OP cooperative bank owner-customer

As an owner-customer, you get the following benefits regardless of your number of policies:

  • OP bonuses you accrue will be used to pay insurance premiums*
  • free 40% increase in the sum insured under life insurance.
  • deductible benefit of 250 euros for MyHome Insurance.
  • free Product Protection Insurance for purchases made using OP credit cards

*As our owner-customer, you earn OP bonuses, which are used to pay insurance premiums and banking service charges. OP bonuses are earned from insurance policies, loans, savings and investments, funds in your accounts, and purchases paid with OP-Visa using the credit function.

The insurance is issued by Pohjola Insurance Ltd. OP cooperative banks are acting as Pohjola Insurance Ltd’s representatives.