The seagoing vessels that are obliged to liability insurance against third parties, according to Law 4256/2014 are the following:
Commercial boats
Those with a total length of more than 7 meters
All speedboats. The following vessels are considered speedboats:
1) Any motor boat, which, regardless of the type or material of construction, carries: outboard engine, with a total horsepower over 30HP or
in / outboard petrol engine with a total horsepower exceeding 40HP or
inboard diesel engine with a total horsepower of over 70HP.
2) Inflatable type (inflatable) bearing: outboard engine with a total horsepower of more than 15HP or inboard / outboard petrol engine with a total horsepower of more than 30HP or inboard diesel engine with a total horsepower of more than 50HP.
Boat that has an engine with a total horsepower over 15HP regardless of the type or material of construction and has a propulsion system with hydraulic reaction waterjet, as well as jetski, seabike, aquascooter etc.
Law 2743/99 applies to non-motorized recreational means of recreation, such as bicycles, canoes, wind surf, etc. with different insurance limits.
Find out in detail from the ombudsman and your company.
