Buying and owning a boat is not everybody can afford. And if you happen to have the necessary financial resources to own a boat naturally like any other product going for Boat Insurance is imperative. The risk is all the same be it in the air, road or water. The water carries if not more then equal risk as that of the other two and the best insurance company in the UK in this area is Covermyboat. All the policies by this company are underwritten by Lloyds of London and heir website offers many facilities like getting online quotes, hassle-free renewals, etc. They cover some of the finer aspects of Boat Insurance, like, for example. Trailer insurance. This is most ignored aspect and many insurance companies do not agree to claim in case the boat is stolen from your storage point because at that time it is mounted on a trailer. Covermyboat covers this defect also for a small additional fee. Claim procedures are very simple like notifying the police immediately after the theft or accident, record the exact date, time and location etc. They amply cover different category of bats namely the dinghies, small crafts and even yachts. Under the present Boat Insurance category they are offering coverage for boats younger than 20 years and this may be extended these parameters in future. There are also discount offers for those with No Claims Bonuses. The Company can be contacted anytime between 9am to 5 pm Monday to Friday for any quires regarding your Boat Insurance.