Regulated by the Cyprus Superintendent of Insurance · EU Licensed

Yacht Insurance
Built for Sailors

Specialist marine coverage for yachts of all shapes and sizes. From coastal cruisers to ocean-going ketches — get an instant annual quote online, backed by 75+ years of combined expertise.

No obligation · Quote valid for 30 days · Instant email delivery

75+
Years combined experience
200+
Vessels insured
Since 2006
Established
EU
Licensed & regulated

What We Cover

Comprehensive marine insurance for every type of yacht and usage — from weekend sailing to offshore passages.

Sailing Yachts

Monohulls and catamarans of all sizes. Coastal, Mediterranean, and worldwide cover available.

  • Hull & Machinery
  • Third-party liability
  • Racing endorsements
  • Offshore passages

Motor Cruisers

Motor yachts and cruisers from day boats to long-range passage makers.

  • Agreed value policies
  • Navigation area flexibility
  • Personal effects
  • Road transit

Megayachts

Specialist coverage for high-value superyachts with bespoke terms and dedicated broker support.

  • Bespoke valuations
  • Crew cover
  • Loss of hire
  • War risks

Classic Yachts

Agreed value cover for wooden and vintage vessels with specialist survey arrangements.

  • Agreed value
  • Specialist surveyors
  • Restoration cover
  • Historical value

Charter Yachts

Skippered and bareboat charter cover including charterer's liability and loss of hire.

  • Charterer liability
  • Loss of hire
  • Crew liability
  • Passenger cover

Racing Yachts

Racing cover for offshore and inshore regattas including rig and keel endorsements.

  • Racing endorsement
  • Keel cover
  • Mast & rig
  • Protest & legal costs

Navigation Areas

Whether you sail the Med, cruise the Atlantic, or navigate UK coastal waters — we have the right cover.

Inland & Coastal
UK and European coastal waters up to 20nm offshore
Mediterranean
Full Med cover including Turkey and North Africa
European Waters
North Sea, Baltic, Atlantic coasts of Europe
Worldwide
Ocean passages and worldwide cruising cover

From Quote to Cover in 4 Steps

The whole process takes less than 10 minutes.

Step 01
Tell us about your yacht
Type, length, value, navigation area and how you use her.
Step 02
Get your instant quote
Our algorithm calculates your premium and emails you the full breakdown.
Step 03
Review & e-sign
Read the policy wording and sign electronically — no printing required.
Step 04
Pay & receive your policy
Pay securely online. Your policy documents arrive by email immediately.

Marine Specialists Since 2006

Globalstar Insurance Brokers is a specialist marine broker licensed and regulated in Cyprus and the European Union. With over 75 years of combined team experience, we've insured more than 200 vessels across European and worldwide waters.

We're members of the Cyprus Shipping Chamber and Cyprus Marine Club — giving us access to specialist Lloyd's and international marine markets that generalist brokers simply can't reach.

EU licensed & Cyprus regulated
Lloyd's and international market access
Agreed value policies as standard
Dedicated broker for every client
Claims support throughout the process
Competitive terms for no-claims clients
Cyprus Shipping Chamber
Member
Cyprus Marine Club
Member
EU Licensed
Regulated broker
5 Locations
Strategic presence

Common Questions

What information do I need to get a quote?
Your vessel's type, length, year of build, hull material, and current market value. Plus where you sail, how you use her, and your sailing experience. The whole form takes under 10 minutes.
What does Hull & Machinery cover?
Hull & Machinery (H&M) covers physical damage to your yacht — the hull, fittings, machinery, and equipment. It's the core of any yacht insurance policy and covers accidental damage, sinking, fire, theft, and storm damage.
Do I need a survey?
For vessels under 10 years old and under £150,000 in value, a survey is not usually required. Older or higher-value yachts may need a condition survey before we can bind cover. We'll let you know in your quote.
Can I get cover for racing?
Yes — racing cover can be added as an endorsement to your policy. This covers inshore and offshore racing events including damage to rig, sails, and keel during racing.
What is an agreed value policy?
With an agreed value policy, the insured value of your yacht is fixed at the start of the policy. In the event of a total loss, you receive exactly that amount — not a depreciated market value. We offer agreed value as standard.
What if my risk is too complex for an online quote?
If your vessel or usage falls outside our automated quote parameters (superyachts over £1M, pre-1970 classics, charter fleets), your quote will be flagged for broker review. One of our team will contact you within one working day.

Ready to protect your yacht?

Get an instant quote online or call our team directly. Cover can be bound the same day.

Get in Touch

Our team is available Monday–Friday, 9am–6pm Cyprus time.

Office
22 Aristoteli Valaoriti, Limassol, Cyprus