A boat owner asks whether the insurance company is good in its customers' opinion, how large a bonus accrues from claim-free years, how much the liability insurance pays, and whether the boat may be rented out. These decide 50 points out of 100.
turva.fi · Keskinäinen Vakuutusyhtiö Turva (PRH 0211695-5, mutual - owned by its customers) - provides boat insurance for pleasure boats (fire/theft, boating, storm and natural phenomena damage); product turva.fi/henkilo/vakuutukset/venevakuutus
59.5SCORE
Customer satisfaction88
No-claims bonus0
Liability insurance compensation limit33
Boat rental and lending100
Basic metrics · 61.1
Digital quality67
Transparency58
Reachability40
AI quality score79
+ The comprehensive cover is clearly divided into two levels: Basic boat insurance covers fire, theft and vandalism damage, and the broader cover also compensates storms and boating damage, i.e. groundings, bottom touches and collisions; the insurance is also valid at the dock, in winter storage and during lifting, launching and transport
if.fi · If Vahinkovakuutus Oyj, Finnish branch (PRH 1602149-8, Sampo Group) - issues boat insurance for pleasure boats (hull cover, liability); product and quote at if.fi/henkiloasiakkaat/vakuutukset/venevakuutus
57.2SCORE
Customer satisfaction53
No-claims bonus86
Liability insurance compensation limit33
Boat rental and lending0
Basic metrics · 66.0
Digital quality64
Transparency60
Reachability62
AI quality score82
+ The content of the hull insurance cover is presented on the product page as an Includes / Does not include table: full hull cover covers boating damage (bottom contact, running aground, collision), leakage, transport and storage damage, as well as a sailing boat's mast and rigging, and boat liability insurance is included for damage caused to another boat or person
fennia.fi · Keskinäinen Vakuutusyhtiö Fennia (PRH 0196826-7, mutual - owned by its customers) - issues boat insurance (boat safe on the water and on land); product fennia.fi/koti-ja-omaisuus/venevakuutus
54.3SCORE
Customer satisfaction56
No-claims bonus100
Liability insurance compensation limit0
Boat rental and lending50
Basic metrics · 54.2
Digital quality74
Transparency48
Reachability15
AI quality score73
+ The content of hull cover is presented as an Included / Not included table: comprehensive boat insurance covers grounding, bottom contact, collision or capsizing, fire and theft damage, vandalism, and damage caused by storm or severe weather, and engine breakdown insurance (internal mechanical failures of the main engine, transmission and propeller) is available as extra cover
Basic metrics: 54.2, rank 6 · ▲ 3 places
– Liability insurance compensation limit: The boat insurance page says that boater's liability insurance is included in the insurance, but the compensation limit is not mentioned on the page.
alandia.fi · Alandia Försäkring Abp (PRH 0145065-2, Mariehamn) - the only insurance company in Finland specialising in boat insurance and the market leader in boat insurance in the Nordic countries; grants hull cover for motor and sailing boats, and liability and towing insurance; price calculator and terms at alandia.fi/venevakuutus
49.9SCORE
Customer satisfaction0
No-claims bonus0
Liability insurance compensation limit100
Boat rental and lending0
Basic metrics · 79.8
Digital quality79
Transparency88
Reachability60
AI quality score89
+ The only insurance company in Finland specialising in boat insurance, and the price calculator in the field is open: a boater calculates and buys comprehensive insurance directly in the online shop (motorboat, sailboat, jet ski) without a phone call
Basic metrics: 79.8, rank 1 · ▼ 3 places
– Customer satisfaction: The company is not included in the private customer results of the EPSI Rating 2025 insurance study. Alandia's pages refer to the 2023 boat insurance study, which is not used because it is a different and older study.
pohjantahti.fi · Keskinäinen Vakuutusyhtiö Pohjantähti (PRH 0146905-4, mutual - owned by customers) - provides boat insurance with a selectable deductible and coverage; price calculator pohjantahti.fi/henkiloasiakkaille/vakuutukset/venevakuutus
49.2SCORE
Customer satisfaction0
No-claims bonus100
Liability insurance compensation limit0
Boat rental and lending50
Basic metrics · 66.5
Digital quality68
Transparency80
Reachability30
AI quality score80
+ Comprehensive cover is built from modules and each risk is explained with covered / not covered examples: fire (mandatory basic cover), theft and other crime, boating damage and storm, and the customer chooses which risks to include, which makes what the cover contains exceptionally transparent
Basic metrics: 66.5, rank 2 · ▼ 3 places
– Customer satisfaction: The company is not included in the private customer results of the EPSI Rating 2025 insurance study.
lahitapiola.fi · The non-life insurance companies of the LähiTapiola group (PRH 0211034-2, mutual - owned by its customers) - provides boat insurance as vehicle insurance; online quote at lahitapiola.fi/henkilo/vakuutukset/ajoneuvovakuutukset/venevakuutus
38.2SCORE
Customer satisfaction47
No-claims bonus0
Liability insurance compensation limit0
Boat rental and lending0
Basic metrics · 57.5
Digital quality58
Transparency60
Reachability30
AI quality score80
+ Hull cover is clearly divided into two levels and presented as a comparison table: Basic boat insurance covers fire, theft and vandalism damage, and Comprehensive boat insurance additionally covers collisions, groundings and bottom contact, whether on the water, at the jetty or in winter storage
Basic metrics: 57.5, rank 5 · ▼ 1 place
– No-claims bonus: The no-claims bonus is not described on the boat insurance page or in its FAQ. The page only says that the premium does not rise after a claim.
QUESTIONDoes the insurance company handle matters well, including when damage occurs?
EPSI Rating 2025, insurance, private customers.
70 or below = 0 points, 80 or above = 100, in between directly proportional.
20 p
No-claims bonus
QUESTIONHow much does the insurance premium go down when there are no claims?
The highest bonus or discount for claim-free years stated by the company (%).
70% or more = 100 points, no bonus = 0, directly proportional in between.
12 p
Liability insurance compensation limit
QUESTIONHow much is covered if I cause damage to another party with a boat?
Maximum compensation for personal injury in the liability insurance included in the boat insurance (euros).
2,000,000 € or more = 100 points, 500,000 € or less = 0, in between directly proportional.
10 p
Boat rental and lending
QUESTIONCan I rent or lend out the boat while the insurance is in force?
Is occasional rental or borrowing covered by the insurance.
Occasional borrowing included = 100, separate agreement or extra cover = 50, not included = 0.
8 p
Basic metrics
Digital quality, transparency, reachability and AI quality score
Basic metrics × 0.5
50 p
Notes
The price of boat insurance depends on the type of boat, the engine, the value and the owner, and no company publishes a comparable price. That is why we compare things that are visible on the companies' own websites.
Alandia and Pohjantähti are not included in the EPSI study. Several companies lack the bonus, the liability insurance compensation limit or the rental condition, because the page does not state them. No points and no guesses are given for missing information.
Deductibles, the engine age limit in breakdown cover and racing sailing terms are not included, because they appear on the pages of only some of the companies.
About this comparison
Boat insurance prices and terms differ from each other more than in many other insurances, but the differences hide in the terms: the storm limit, compensation for grounding, age deductions and winter storage rules. We scored 6 boat insurances on 20 metrics. The most important question: can you see the price, the contents of the hull cover and the terms limiting compensation directly on the page, or only after a quote?
What transparency means in this category
Price calculator or quote online without a phone call (20), contents of the hull cover (storm, grounding, theft, mast) itemised (20), storm or usage limit and terms limiting compensation stated (15), age deductions and determination of market value explained (15), deductible level or choice stated (10), winter storage or mooring terms stated (10), insurer or business ID (Y-tunnus) displayed (10)
How to read the comparison correctly: Half of the points come from buyer's questions, i.e. things the buyer finds out before deciding. The other half measures how openly the company publishes its prices, terms and contact details. Clear differences in points indicate a genuine difference: one tells you the price immediately, another only after logging in. Close scores should not be read as a ranking order, because every measurement has a margin of variation. The measurement accuracy and the full calculation formula are open in the methodology.
Customer satisfaction is included in the points. It is one of the buyer's questions in this comparison. We also collect customer feedback through our own surveys, and their results will be added to the assessment later.
The differences in boat insurance lie in the terms, not just in the price. Basic hull insurance often does not cover grounding or running aground, which requires broader cover, and storm damage compensation may be tied to wind speed or how the boat is moored. The companies at the top of the comparison are those that state the content of the hull cover, the storm limit and age deductions openly already on the product page, not only in the terms PDF attachment or after the quote.
Age deductions and the determination of fair market value decide the compensation. In the event of damage to an older boat or engine, compensation is often calculated from the market value with an age deduction applied, which can be large. Companies that open up the principle of age deductions and the determination of market value, and keep their terms and product sheets publicly available, rise to the top.
Pohjola Vakuutus (OP) is not included in the comparison. OP sells boat insurance, but op.fi serves its content behind a cookie and login wall, which we do not bypass. We were therefore unable to measure its transparency from the public site in this round. This is a measurement gap on our side, not a claim about OP. The same approach has been taken in our other insurance comparisons.
Are you listed and would like to rank higher?
The free pre-analysis shows every item where your company loses points and which rank fixing it is enough for. The paid analysis shows what the items are and how to fix them.
Can't find your company on the list even though it should be there? Get in touch and we will include it in the next measurement round.
