In Spain, it is mandatory to purchasecivil liability coveringrecreational boats. It covers civil liability of €336,567 with a limit of €120,202 per victim for bodily injury (with a maximum of 2 victims) and €96,163 in capital for material damages.
It is also mandatory to include a specific guarantee covering liability for polluting the environment. If you do not meet these minimum requirements, you may not navigate in Spanish waters.

There are many other important guarantees to consider when purchasing boat insurance. Nautical assistance covers you if you need towing or a rescue.
It is important to think about all of this as the cost may be quite high. This basic guarantee also covers the costs of removal; in other words, moving a stalled boat which is disrupting traffic at the entrance to a port or a channel, for example. Having this guarantee is often mandatory in order to be able to moor in most recreational ports.

Mandatory boat insurance does not cover bodily injury to the crew. However, there are various optional guarantees that can be included in your insurance policy to protect passangers in the event of an accident. There are medical and pharmaceutical covers as well as cover for death or disability and the costs of burial and repatriation.