Protecting Your Investment: Navigate the complexities of yacht insurance
Owning a yacht is not just about the luxurious escapes and serene voyages. It’s also about safeguarding your substantial investment against potential risks. Yacht insurance is an essential aspect of ownership, ensuring that your vessel is protected from the unforeseen. Here’s a quick guide to help you navigate the complexities of yacht insurance and secure the right coverage for your luxury vessel. Understanding Yacht Insurance Unlike standard boat insurance, yacht insurance is designed specifically for larger and more valuable vessels, often providing broader and more specialised coverage options. Key Coverage Essentials Hull Insurance: This covers physical damage to your yacht,…