Yacht Insurance
Protect Your Investment on the Water
What is Yacht Insurance?
Frequently asked question
Is Yacht Insurance mandatory?
No, yacht insurance is not mandatory but it is highly recommended to protect your investment.
What factors affect the cost of Yacht Insurance?
The cost of yacht insurance can be affected by several factors, including the value of the yacht, its age, the type of yacht, and the coverage options chosen.
How do I make a claim on my Yacht Insurance?
To make a claim on your yacht insurance, contact your insurance provider as soon as possible. They will guide you through the process and provide information on the necessary steps and documentation.
Can I insure my yacht while it is being used for commercial purposes?
Yes, you can ensure your yacht while it is being used for commercial purposes. Some insurance providers may require a separate policy for commercial use, so it’s best to check with your insurance provider.
Does yacht insurance cover damages while docked or moored?
Yes, yacht insurance typically covers damages while docked or moored, as well as during transit and operation. However, coverage may vary depending on the policy, so it is important to speak with a representative to understand the specifics of your coverage.