Boat insurance is for vessels up to 24 meters and it is voluntary insurance. You can choose between two types of insurance- full insurance and partial insurance. It is possible to insure only boats registered in Estonia.
Full insurance risks are:
- accident in water
- theft, hijacking and robbery
- indoor damage
- accidents in transportation
Partial insurance does not cover accidents in water or damage caused by storm.
In Estonia boats are used mostly from spring to autumn, but it is reasonable to insure your boat all year round. Reason why, is that in winter season you store it in garage, yard or some other place and it is possible accidents accure there aswel and in that case your boat is not covered.
More information about boats and insurance here