Does Your Yacht Insurance Cover Emergency Services During a Breakdown?

Before you head out on the water, you likely spend some time checking over your yacht carefully. You ensure it is in good operational order. You check the fuel, the onboard supplies and the radio system. You do this because you want to be sure an accident or breakdown is unlikely. However, before you actually get out into water, you need to take a closer look at your yacht insurance. Is it providing you with comprehensive service and protection even in an emergency?

When a Breakdown Occurs

There are many reasons why a boat including a yacht can break down in open water. You may hit something in the water. You may run out of gas. You may suffer a mechanical breakdown or even a large hole in the hull. No matter what happens, the key first step is to call for emergency help if you need it. The next step is to turn to your boat insurance provider to be sure your coverage is in place and how it can help you. It may be able to help you with numerous needs:

• It can help you with emergency towing assistance.
  
  
• Boat insurance may help in retrieving your boat.
  
  
• It can aid in the removal or disposal of the wreck if necessary.
  
  
• It can help with the cleanup from oil spills.
  
  
• It may help with other clean-up related expenses.

If you have the proper amount and type of yacht insurance, it may also help you to pay for related costs in replacing your boat. Each situation depends significantly on the type of coverage you have and the cause of the underlying incident or accident. However, if a breakdown happens, your insurer can help to cover the costs of getting you and your boat back to port.

Yacht insurance needs to be specific to your boat and the conditions. A comprehensive policy is essential for keeping your boat and your liability risks at bay. Talk to your insurer before you head out onto the water to ensure you have the proper level of protection to protect against any type of breakdown or accident. Boat insurance can make a big difference in your overall financial situation.