Insurance for Your Motorboat, Sailing Yacht or Catamaran in Mallorca
We insure your boat in Mallorca with the best companies and at the best price. Tailor-made solutions for motorboats, sailboats, yachts and jet skis.
The Best Protection for your Motorboat, Sailboat or Catamaran in Mallorca
At C1 Broker Mallorca, we are specialists in nautical insurance, trusted by clients with leisure boats moored in the main marinas of the Balearic Islands, the Canary Islands, and mainland Spain. Our commitment is simple: to protect your vessel with the best policies on the market, tailored to your profile and the intended use—whether for leisure, charter, or races.
We seek comprehensive coverage that safeguards not only the hull and your equipment, but also includes third-party liability, maritime assistance, theft, grounding, fire, and special risks such as land transport and boatyard storage.
Discover Our Boat Insurance Options in Mallorca
At C1 Broker, we offer a wide range of boat insurance solutions in Mallorca, carefully designed to meet the specific needs of expats living in Mallorca, yacht owners, sailing enthusiasts, and charter companies navigating both Spanish and international waters.
As a specialist insurance broker for expats in Mallorca, we work in partnership with leading national and international insurers to provide flexible, high-quality marine insurance cover. Our service is always supported by expert advice and a multilingual customer service team, dedicated to serving the international community in Spain.
We work with trusted insurers such as:
- Allianz
- Liberty / Generali
- Sealogy
Considering Insuring Your Boat in Mallorca?
Every sailboat, speedboat, catamaran or jetski is unique. That’s why at C1 Broker we conduct a personalised analysis for each case, considering:
Hull value
Age and type of vessel
Intended use (private, rental, racing)
Preference for insurance terms governed under Spanish or English law
Our goal is simple: to provide you with effective, tailored coverage without charging you for unnecessary extras.
Begin today with a no-obligation, bespoke proposal:
Flexible Insurance Options for Vessels in Mallorca
We understand that sailing is more than a hobby—it’s a way of life. That’s why we offer dedicated insurance for all types of leisure craft: sailboats, motorboats, catamarans, yachts, and jetskis. Our policies are designed to ensure safety at sea, protection against unforeseen events, and peace of mind on every voyage.
What Can Your Marine Insurance in Mallorca Include?
24/7 maritime assistance, year-round
Automatic coverage up to 200 nautical miles, with optional extensions
Compensation for partial damages at replacement-new value, regardless of vessel age
Option to insure your craft under Institute Yacht Clauses (English terms), especially recommended for vessels valued over €20,000
Insurance based on real market value rather than replacement cost, simplifying the process and reducing premiums
Full flexibility on excess—choose with or without, depending on what suits you best
Sail with Confidence
With C1 Broker, you can focus on what truly matters: enjoying the Mediterranean with confidence and freedom.
Six Key Points to Understand About Nautical Insurance
1 - Types of Third-Party Liability
There are basically two types of Liability Insurance contracts in marine insurance:
Compulsory liability insurance – this only covers damage to third parties, up to the limit established by law (Royal Decree 607/1999 of 16 April).
Voluntary liability insurance – this covers damage to your own vessel. An excess (deductible), payable by the policyholder, may be applied under the voluntary insurance.
2 - Skipper Qualifications
In order to be covered in the event of a claim, the skipper operating the vessel must hold the appropriate licence (PNB, PER, etc.), have successfully passed all inspections required by the competent authority, and carry on board the necessary documentation for navigation.
3 - Navigation Radius & Geographic Coverage
The coverage radius is agreed per policy. It’s also essential that all vessel documentation, including maintenance records, is up to date.
4 -Policies for 7th and 6th Register Vessels
The navigation radius covered by each policy is agreed individually. It is also essential that all vessel documentation, such as inspections and revisions, is kept fully up to date.
Most national insurers in Spain only provide cover for 7th List registered vessels, which are used exclusively for private and recreational purposes (whether motor-powered or sailing).
If you own a speedboat, catamaran, sailing yacht or motorboat and use it for professional purposes—such as commercial fishing, sporting activities, charters, rentals with skipper, or house-boat rentals under 6th List registration—there are specialised insurance companies offering tailored products. At C1 Broker, we will find the right policy for your vessel.
5 - How to Calculate the Insured Value of Your Boat
It is common practice to assign one value to the hull and keel, and another to the engine (or, in the case of sailing boats, to the sails, which must be declared individually).
These values should normally reflect the replacement cost as new of each item. When taking out the policy, it is essential to include all fittings and accessories that are not permanently fixed to the hull (unless you expressly do not wish to insure them). Otherwise, in the event of a claim, the insurer will not cover any damage affecting those items.
6 - English Clauses vs Spanish Clauses in Boat Insurance Policies
“Spanish Clauses” vs “English Clauses”
In marine insurance contracts, there are two types of conditions depending on which clauses are applied: the so-called “Spanish Clauses” and the “English Clauses.” Although their origin differs from current practice, nowadays policies drafted in Spain are generally considered to fall under the Spanish clauses.
The English clauses, however—originally drafted by the Institute Yacht Clauses in London—generally offer a broader scope of cover (with some exceptions). The key difference in practice is that under English clauses, you can agree on a specific insured value for the vessel. Spanish clauses, on the other hand, base compensation on the vessel’s market value (venal value).
Whenever possible, it is preferable to take out insurance under English clauses.
At C1 Broker, we offer you the possibility of contracting either Spanish Clauses or English Clauses (Institute Yacht Clauses) for all vessels with an insured value above €20,000.
Typical risks covered include: shipwreck, jettison (the act of throwing cargo or other heavy items overboard to lighten the vessel in a storm), grounding, stranding, collision with fixed or floating objects, storms, sinking (excluding cases due to poor maintenance), theft in secure and locked premises, and malicious acts by third parties.
Notable exclusions include: damage to sails torn by wind, detachment of outboard engines, defective maintenance of the vessel, purely mechanical failures of any kind, gross negligence, or damage occurring when leaving the vessel anchored unattended in beaches or coves without assistance.
In the event of total loss caused by an insured risk, compensation is usually paid at the vessel’s market value, less the residual value of the wreck, which always remains the property of the insured. If an accident occurs abroad, the insured may contact a certified claims adjuster (Comisario de Averías—a surveyor specialised in transport and marine insurance), who will handle the assessment and forward the valuation to the insurance company.
Documentation and Infringements
According to Law 27/1992 of 24 November, on State Ports and the Merchant Navy, it is mandatory to keep on board proof of payment of the insurance premium for the current period. This serves as evidence of valid cover, provided it includes at least the following details:
The insurance company providing the cover.
Sufficient identification of the insured vessel.
The coverage period, with the exact start and end date and time.
A statement that it refers to compulsory liability insurance.
This documentation must always be kept on board the vessel. If requested by the competent authorities and the document is not available at the time, the policyholder has five working days to prove that the insurance is valid.
The operation of leisure vessels without proper insurance, as established by law, constitutes a serious infringement under Chapter III, Title IV of Law 27/1992 on State Ports and the Merchant Navy.
Choose the Right Marine Insurance for Your Motorboat or Sailing Yacht in Mallorca
Recreational Boat Insurance – Full Protection for Peace of Mind at Sea
Recreational boat insurance is a specialised product, designed to cover damage, accidents, or liability that may arise while navigating or when your vessel is moored in a port or marina. In Spain, this insurance is compulsory by law, at least in its third-party liability form, and applies to all motorboats, sailing yachts, jet skis, and even small launches and rowing boats.
At C1 Broker Mallorca, we offer comprehensive policies tailored to the type of vessel, its use (private, charter, racing), and its market value. Our mission is simple: to give you complete peace of mind at sea, knowing your boat is fully protected against any unforeseen event.
Your boat insurance can include:
✅ Compulsory and voluntary third-party liability
✅ 24/7 maritime and roadside assistance
✅ Own damage and theft, including accessories and equipment
✅ Salvage costs and personal accident cover for passengers
✅ Extended coverage in Spanish and international waters, if required
Whether you set sail from Palma, Alcúdia, Port d’Andratx or Cala d’Or, or keep your boat in dry dock, we provide personalised insurance solutions with the best conditions on the market.
Let’s set sail together—with peace of mind and the perfect insurance solution.
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