Personal Watercraft Insurance, Yacht Insurance Considerations
Insuring a yacht is different than insuring a small boat. For one, yachts often travel longer distances, and navigate larger often more dangerous bodies of water. You need to ensure that your coverage applies no matter where you are traveling. Your yacht is likely a significant investment and may be are financed. Work with a knowledgeable maritime insurance professional to ensure that your investment is protected, and that your insurance policy meets all of the requirements as set forth by the lender.