Across the United States
Protection for your yacht.
Getting out on the water should be carefree, but owning and running a yacht brings several financial risks. Yacht insurance means you can stop worrying about those risks and get back to relaxing on your yacht.
Yacht insurance policies usually have two standard elements, with two optional extras that are worth considering. One standard feature is insurance coverage for physical damage to the yacht, whether that be from a collision, fire, severe weather, theft or vandalism. The other standard feature in a yacht insurance policy is liability, meaning you’re covered for damage you cause to other watercraft or people, along with the associated legal costs. Look for insurance policies that cover the costs of cleaning up any oil spillages if your yacht is severely damaged, as well.
One optional element of yacht insurance is coverage for theft of or damage to your personal possessions kept or used on your yacht. This is well worth considering when you think about the costs of sports or fishing equipment and expensive gadgets. You can also get optional yacht towing and assistance coverage that protects you against the costs that come up if your yacht breaks down while out on the water.
Spending time on the water is fun. Talk with us about getting the proper yacht insurance coverage in place today.