Burned a couple of weeks shopping for yacht insurance before the season. The first thing I learned: the cheapest quote usually means a pile of exclusions. Look at agreed value vs actual cash value — on an ACV policy, depreciation cuts your claim after a total loss. For an older hull, expect a request for a fresh marine survey. The hard part is the policy wording, so a good starting point is <a href=https://yacht-insurance.net>yacht-insurance.net</a> — it covers the main policy terms without the sales talk. Then check the navigation limits: going past the listed waters can leave you uncovered. On the East Coast and the Gulf, the named storm deductible is usually a percentage of hull value, not a flat amount. Pay attention to liability limits — wreck removal and damage to other boats can cost more than the boat itself. Compare two or three carriers and go through the exclusions before you pay.
yacht insurance
Burned a couple of weeks shopping for yacht insurance before the season. The first thing I learned: the cheapest quote usually means a pile of exclusions. Look at agreed value vs actual cash value — on an ACV policy, depreciation cuts your claim after a total loss. For an older hull, expect a request for a fresh marine survey. The hard part is the policy wording, so a good starting point is <a href=https://yacht-insurance.net>yacht-insurance.net</a> — it covers the main policy terms without the sales talk. Then check the navigation limits: going past the listed waters can leave you uncovered. On the East Coast and the Gulf, the named storm deductible is usually a percentage of hull value, not a flat amount. Pay attention to liability limits — wreck removal and damage to other boats can cost more than the boat itself. Compare two or three carriers and go through the exclusions before you pay.