‘Is my boat still in­sured if I lend it to some­one else?’

Yachting Monthly - - HOMEWATERS -

Paul Birch, MD of Bishop Skin­ner Ma­rine yacht in­sur­ers says if you give per­mis­sion, then yes, it is

‘Your in­sur­ance pol­icy will cover you, your boat, and the per­son bor­row­ing your boat, if you de­cide to lend it to a friend or fam­ily mem­ber. As long as they have your per­mis­sion, you don’t need any­thing in writ­ing. You do need to be con­fi­dent that they have an ap­pro­pri­ate level of ex­pe­ri­ence to sail your ves­sel. It would be more com­pli­cated if you were be­ing paid to lend your boat, but as long as no money has changed hands, your pol­icy will give them ex­actly the same cover that it does for you.’

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