If you are looking for yacht insurance in Florida, contact Bluewater Yacht Insurance, Inc. Whether you are new to yachts, or you have owned many different yachts, you know the importance of having an insurance policy on them. We are here to help you in the unlikely case that something happens to your yacht. Contact us today to learn more about our insurance policies.
Yacht Insurance Policy
Yachts are typically larger boats that cannot move in the water very quickly — an average maximum speed being about 30 mph. Because of this, they are less likely to crash into obstacles. However, yachts are designed to hold a lot of people and other entertainment equipment, which means that if damage does occur, they are far more expensive to repair.
Different kinds of watercraft may require an insurance policy that is specific to the size, speed, and ability of your boat. Insurance policies for watercraft cover several different aspects of the boat:
- Property damages. If while boating, your yacht causes damage to another person’s property, your insurance policy can cover most — if not all — of the damages done. Damage to waterfront property can be extremely expensive, so it is best to ensure you are covered.
- Bodily injury. If you are holding parties on your yacht, or if you happen to injure anyone other than yourself while taking your yacht out on the water, your insurance policy covers those that may have been injured — including yourself.
- Hull coverage. Damages to the hulls of ships can be extremely costly due to the work required to fix them. As well as coverage in case your ship hits something and damages the hull, these policies often cover environmental damage as well.
If you have recently purchased a yacht, or know that you will be purchasing one soon, consider a yacht insurance policy from Bluewater Yacht Insurance Inc. Give us a call at (561) 743-3442 or head over to our contact page to fill out the form and we will get in contact with you as quickly as possible.