Posted by yacht-insuranceBup on October 21, 2026 at 19:04:58:
In Reply to: nexcove posted by BrendanSaw on July 13, 2026 at 08:00:19:
Spent about two weeks shopping for coverage for our boat before the season. Lesson one: the cheapest quote usually means gaps in coverage. Check whether the hull is insured at agreed value or ACV — with ACV, depreciation eats the payout after a total loss. For an older hull, expect a request for a fresh marine survey. The hard part is the policy wording, so a good starting point is yacht insurance — it lays out the main policy terms without the sales talk. Then check the navigation limits: going past the listed waters 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 cost more than the boat itself. Compare two or three carriers and go through the exclusions before you sign.