There is some debate in the marine world about what constitutes an antique or classic boat, but the Antique and Classic Society use the following definitions:
• Historic: boats built up to and including 1918.
• Antique: boats built between 1919 and 1942, inclusive.
• Classic: boats built between 1943 and 1975, inclusive.
To secure insurance for a boat over 60 years old you will normally be required to complete a form self-certifying that the boat is seaworthy and provide the insurer with photographs of the vessel. Boats over 100 years old will require a full survey before they can be insured.
Alan Boswell Group boat insurance includes a 125% repair clause (meaning it will pay a further 25% over the sum insured) to recognise that older boats can be more expensive to repair than their market value.