One of these agents, right in your area, can customize
a yacht insurance policy to your specific watercraft, its value, and how you use it.
For example, the average super
yacht insurance policy runs nearly a quarter of a million dollars every year, according to British insurer Towergate Insurance.
2014)- Obtained reversal by the U.S. Court of Appeals for the First Circuit of a district court judgment finding that manufacturing defect exclusion in
yacht insurance policy was ambiguous.
Not exact matches
Yachts can be used for personal as well as commercial use, so
insurance policies must be created to accommodate each of those needs.
Confidential (2016): instructed to advise Owner of
yacht (lost in a fire / sinking) in relation to potential claim against Lloyd's Underwriters / brokers regarding alleged material non-disclosures and alleged failure to comply with
insurance policy subjectivities
Kyzuna Investments Ltd v Ocean Marine [2000] 1 Lloyd's Rep 505: Chris was instructed on behalf of the insured
yacht owners in this dispute in which a decision of Thomas J. was reported on a preliminary issue as to whether or not a
policy of
insurance for a classic
yacht was a valued or unvalued
policy.
The case is reported as a result of a decision of Thomas J. on a preliminary issue as to whether or not a
policy of
insurance (which specified a «sum insured») for a classic
yacht was a valued or unvalued
policy.
Especially if you will have other friends, family members or guests on board, you may also consider an umbrella
insurance policy to provide an extra layer of liability protection for you and your
yacht.
A watercraft
insurance policy designed for your houseboat or
yacht will help to keep your mind at ease.
Boats that are primarily used by fishermen and the largest
yachts are all candidates for a boat
insurance policy.
If you are looking for other types of
insurance rather than just the standard collector vehicle
insurance policy, Grundy also offers
insurance for
yachts, homeowners
insurance and personal excess liability
insurance.
For example, a
yacht policy tends to restrict hauling on a trailer to only a few hundred miles, while boat
insurance tends to provide coverage for trailering over longer distances.
Yachts can be used for personal as well as commercial use, so
insurance policies must be created to accommodate each of those needs.
Chubb's Mega-Yacht
insurance policies provide significantly increased benefit levels for
yachts valued over $ 3 million.
Travelers offers 12 month
insurance policies for your boat and
yacht, with a variety of extra benefits rolled into a basic coverage plan.