Mies ja venevakuutuksella turvattu moottorivene

Boat insurance for motor boat

The best cover for a motor boat and accessories

Insurance valid throughout the year

Boat insurance covers losses to your 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.

What does boat insurance cover?

When you have taken out boat insurance, it is easy to enjoy boating and freedom. Careful boaters avoid many dangers by anticipating them, but should anything happen, boat insurance will cover losses to your motor boat. The boat’s comprehensive motor vehicle insurance covers if, for example, your boat is stolen or damaged when running aground, in a fire or during transportation.

Medium Motor Insurance for a boat excludes boat losses, such as collisions or running aground, from compensation, but does compensate theft and fire losses, however. Our boat insurance policies always include liability and legal expenses insurance.

Boat insurance for your motor boat covers, for example,

  • the hull
  • engine and navigation equipment
  • laying-up blocks and covers
  • essential machines related to boat use.
Moottoriveneen vakuutus turvaa veneesi ja sen varusteet.

Insurance on the basis of horsepower

Inboard, outboard, sterndrive – each of these can be insured with a boat insurance for a motor boat. Boat insurance is available for motor boats with a motor that is more than 20 horsepower.

For boats with a smaller outboard motor can be insured with small boat insurance. Rowing boats and outboard motors of up to 5 horsepower, on the other hand, are covered by MyHome Insurance for up to 1,500 euros.

Please remember too that you must register your motor boat if its hull length is at least 5.5 metres or the engine power given by the manufacturer is more than 20 horsepower.

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 nauraa terveysvakuutuksen turvin
Health insurance for an adult
Perävaunuvakuutus vakuuttaa perävaunun ja venetrailerin.
Trailer insurance

Our boat insurance is valid automatically without any extension

  • 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.