As a yacht owner, you understand the importance of protecting your investment. A luxury vessel is not just a mode of transportation but also a symbol of status and a source of entertainment. However, accidents can happen at any time, and without adequate insurance coverage, you may be left with significant financial losses.
Yacht insurance provides financial protection against various risks such as damage to the hull, machinery, and equipment, as well as liability for injuries or damages caused to third parties. It also covers loss of use, salvage, and wreck removal costs.
A standard yacht insurance policy typically covers damage to the hull and superstructure, as well as machinery and equipment. It also provides liability coverage for injuries or damages caused to third parties.
In addition, some policies may offer additional coverage options such as loss of use, salvage, and wreck removal costs. It's essential to review your policy carefully to understand what is covered and what is not.
As a yacht owner, you understand the importance of being prepared for any situation. Don't wait until it's too late to get your yacht insured.
Contact us today to learn more about our yacht insurance options and get a quote that suits your needs.