Call Us Today For A Free Quote | 800.342.4444
Voyager Insurance Services Serving You Since 1958

yacht on waterWith the purchase of a yacht comes a wide range of benefits. Now, you can spend time out on the water with friends. You can entertain in a new way. You can just spend your time going from one area of open water to the next coast. 

It is important to ensure you have the right type and amount of yacht insurance in place for your adventures. Most yachts are high value. It pays to spend a bit more time picking out the most suitable insurance policy for your needs.

Key Features of Yacht Insurance

Yacht insurance policies are customizable to meet most needs. It is important to spend some time creating a policy that is best for you. This will include considering your boat, how you use it, and how you store it. 

There are several components of these policies to take into consideration.

Protect Its Value

Choose a policy that will totally protect the boat's value in an accident. This component of the policy should be at least enough to cover the value of the boat. 

Replacement value allows you to replace the boat with one that is of equal value if it is a total loss. Actual cash value is often much less, rated at only the amount that the boat is worth at the time of the incident.

Protect Your Contents

Most yachts contain a large amount of goods and content. They may carry diving equipment, personal belongings, GPS equipment and other things. Your boat insurance should cover this value as well.

Minimize Liability Risks

It is also important to choose a policy that limits your liability risks should the boat strike another person or object. It can also help in instances in which your passengers fall or are otherwise hurt while on your boat.

Work your boat insurance provider to keep your investment safe. The right yacht insurance keeps your investment safe and ensures that you do not have to worry should an accident occur. The right plan should take into consideration the value of your boat specifically.

Insuring your yacht is often a very complicated process. You can visit Voyager Insurance’s website to learn more about insuring this valuable piece of property. Call us today at (800) 262-8990 if you have questions.
Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2017
  • 2016

View Mobile Version
Instant Quote
We love referrals! And thank you even more for your continued business.
Customer Service
Self policy service any time of the day, directly from our website.
Join Our Newsletter
Stay in touch with the latest events, news and offers we have.
From Our Blog From Our Customers

Read More Read More
Facebook Twitter LinkedIn Google+
Stay In Touch With Us Helpful Site Links Contact Us
Sign up now to receive news and updates 7000 Parkwood Blvd #G400
Frisco, TX 75034

Ph: 972.712.8000
Ph: 800.342.4444
Fx: 972.712.4400
We have the expertise to find you the right coverage at the right price 
Powered by Insurance Website Builder