yacht-insurancenib

Took me about two weeks comparing quotes on coverage for our boat before the season. Lesson one: a low premium often hides gaps in coverage. Look at whether the hull is insured at agreed value or ACV — on an ACV policy, depreciation eats your claim after a total loss. For an older hull, be ready for a request for a fresh marine survey. The hard part is the policy language, so a good starting point is yacht-insurance.net — it lays out the main policy terms in plain English. Then check the navigation limits: cruising outside them can get a claim denied. In hurricane country, the named storm deductible is usually a percentage of hull value, not a flat amount. Pay attention to liability limits — wreck removal and guest injuries can cost more than the boat itself. Get at least three quotes and go through the exclusions before you sign.