Whether you want to insure your boat, personal watercraft or even paddleboard, when you insure with GJW Direct you can be confident you’re covered by specialists. They have been specialising in marine insurance for over 175 years, offering insurance cover on a range of boat types, at a competitive price. You will have the option to spread the cost of your insurance with an interest free payment plan, 24 hour availability to an emergency claims helpline, and have the ability to manage your policy online with their self-service insurance portal. To get a competitive quote for your boat insurance call us, pick up an enquiry card from any of our UK offices or click on the GJW Direct logo below.
Customers choose finance for various reasons and marine finance can be an attractive alternative to purchasing outright. For those thinking about buying a boat using finance the number of providers of marine mortgages or hire purchase agreements we work closely with two of the main marine finance houses, SGB Finance and Promarine Finance.
There are various finance options available including marine mortgages, hire purchase and unsecured loans. Marine mortgages are often more flexible than personal loans or hire purchase. Policies can allow over payments and other tailored repayment options including fixed rates, fixed monthly, interest only or balloon payments. Like buying a property, personalisation and flexibility are paramount when financing a boat!
As well as reducing initial capital outlay, finance can help buyers budget with fixed monthly payment options. It could let you buy a dearer boat that may cost less to run long-term than a cash purchase allowed. You can also use the funds that would have been used to purchase a boat outright can be used elsewhere. It may well be cheaper to finance than pay tax on dividends or investment exit fees.
Repayment options and deposits vary depending upon the product selected, boat and personal situation or preferences. If you require further information on how to fund the purchase of your new or secondhand boat then please do not hesitate to contact us and we will point you in the right direction.
Clarke & Carter Interyacht Ltd. act only as an introducer and are regulated by the Financial Conduct Authority.