Personal Watercraft Insurance, Coast Guard Not Required to Rescue Yachts
Many people may think that if they have an emergency on the water with their yacht they are guaranteed that the Coast Guard will come to the rescue. However, that is incorrect thinking.
Boaters should ensure they take proper precautions on the water and secure adequate yacht insurance coverage for towing, salvage etc vs. relying on the United States Coast Guard (USCG) to keep them safe.
The fact is, the USCG is authorized by federal law to launch life-saving rescues but it is not an imposed duty. In other words, they are not responsible to respond to every single accident immediately.