Yachts are castles on the water, and as such, they can never carry too much insurance. If you finally purchased the vessel of your dreams, make certain to protect it with comprehensive California yacht insurance that covers it from bow to stern.
Part of what makes a yacht a yacht is all the embellishments, including the captain and his or her crew. For example, you’ll need to insure your yacht and possibly a/an
- Entertainment system
- Hot tub
- Navigation system
- Satellite phone and TV
… among other equipment. If you do have a captain and crew, you need commercial marine coverage. If your yacht is 10 years or older and 27 feet or larger, you’ll need to include a marine survey with your application.
Other Coverage Considerations
Because you have a yacht, you need special hull coverage for the larger vessel. Other coverage to consider includes
- Emergency assistance and towing
- Inclement weather, including windstorms
- Personal effects coverage
- Pollution liability
- Uninsured boater’s coverage
This is just a smattering of the riders available for your yacht, and you should consider all of them depending on how you plan to use it.
Don’t take chances with your floating castle. Make certain you secure proper California yacht coverage for your vessel. You’ll be happy and safer that you did.