Boats can collide with other boats or encounter many different hazards while at sea or in harbors. Boat depreciationis the decrease in the value of your boat due to damage caused by third parties.

Your boat has a certain value before it suffers any damage. Damage occurs as a result of an accident. Even if this damage is repaired, there is generally a decrease in the boat's value. This loss is calculated by subtracting the value of the damaged boat from the value of the boat before the accident, as determined by appraisers.

Marine & Boat Insurance

Marine and boat insurance is insurance that provides compensation for any damage that may occur to your boat. Every individual who owns a boat should have this insurance.

This insurance, offered by many insurance companies, decrease in the value of your boat . Similarly, if you are deemed at fault in an accident, payments to the party deemed less at fault will be made through the insurance company.

Boat Depreciation Consulting

This is the best consulting service you can receive following a boat accident during maritime transportation. This service includes:

• Your case application will be created and seamlessly forwarded to the relevant court.
• Throughout your entire legal process, steps will be followed to help determine your actual loss of value.
• The quoted amount provided by the insurance company will be reviewed to ensure it is a fair and accurate price.
• Following all of this, all follow-up procedures will be carried out until your case is finalized.

Boat Depreciation Compensation

Boat depreciation compensation is compensation paid by a third party for the decrease in the value of your boat. The main purpose here is to compensate you for the loss of your boat's previous value and the resulting hardship.

You can apply to the courts in the district where the port of origin of the accident is located to claim compensation for the loss of value of your boat. All legal proceedings are handled and concluded by the Civil Courts of First Instance.

You can consult with Attorney Ferhat Kule regarding the details of your boat's depreciation in value or compensation. You can learn about the insurance coverage, the advantages it provides, and all the types of compensation you can apply for. Once you submit your application, your case will be handled by our expert team.