Similar to how we insure our cars and homes, safeguarding a valuable asset like a yacht is not just a choice; it's a compulsory one. Many marinas require a minimum level of coverage, including third-party liability, as a prerequisite for any yacht docked within their premises. Yet, your paramount focus should invariably revolve around safeguarding your cherished vessel.
In this section, we explore the intricacies surrounding yacht insurance. From scrutinizing the facets of coverage, offering clarity on what is encompassed, and unraveling the mechanisms behind premium calculations. Our objective is to ensure you gain an understanding of how to protect your maritime investment, whether you're setting sail on tranquil waters or venturing into the high seas.