yacht-insuranceSit

Burned about two weeks shopping for yacht insurance before spring launch. Lesson one: the cheapest quote usually means a pile of exclusions. Check agreed value vs actual cash value — with ACV, depreciation cuts your claim after a total loss. If the boat is older, expect the insurer to ask for a recent survey. Most of the confusion comes from the policy language, so I found a clear breakdown here: yacht-insurance.net — it covers the main coverage options without the sales talk. Also read the navigation limits carefully: cruising outside them can get a claim denied. In hurricane country, the named storm deductible is often a percentage of hull value, not a flat amount. Don't skimp on liability either — wreck removal and damage to other boats can exceed the value of the boat itself. Get at least three quotes and read the exclusions before you pay.