Worth know­ing about pur­chas­ing the right yacht insurance

When it comes to choos­ing a yacht insurance, the most impor­tant ques­tion is whether the insurance covers the “agreed value“, which covers the amount stat­ed in the insurance con­tract or the “actu­al cash value“, which provides protection up to the cur­rent mar­ket value of the ves­sel at the time of the total loss in the event of a claim.

Anoth­er impor­tant point to con­sid­er is the intend­ed cruis­ing area. Some poli­cies have restric­tions or spec­i­fy cer­tain cruis­ing areas. So choose a policy that suits your needs so that you are per­fect­ly cov­ered in the event of a claim.

Fac­tors that affect your yacht insurance:

  • Age of the Vessel
  • Lenght
  • Cur­rent Time Value
  • Speed & Power
  • Over­all Condition
  • Type of Vessel
  • Cus­tom Build
  • Coun­try of Registration
  • Type of Ownership
  • Loca­tions of Use

Get in Touch

If you have any ques­tions feel free to use our con­tact formular.