YACHT INSURANCE
This insurance covers your yacht's machinery, hull, regular equipment, and service boats bearing the yacht's name. Your yacht is continuously covered within the navigation area specified in the policy, as well as at slipways and docking areas, during haul-out and launch.
Main Risks Covered by Yacht Insurance:
- Maritime accidents (collision, storm, grounding)
- Fire, lightning, explosion
- Earthquake
- Theft of the yacht or service boats
- Theft of machinery, equipment, or fixtures through force
- Contact with aircraft
- Liability for personal injury or property damage caused by the yacht (limited to the insured value of the yacht)
- Expenses related to wreck removal (limited to the insured value)