Yacht Insurance in Everett, Washington

Let’s be real—you have a yacht, not a boat! Sure, they both float on the water, but your yacht has specific insurance needs that may not be included in a standard boat insurance policy. Because your yacht has unique coverage needs, we’re here to help you find the protection that fits your vessel.

Yacht Insurance coverage may include:

• Physical Damage Coverage
  Coverage may help protect your yacht against physical damage caused by events such as colliding with a submerged object or another vessel.
• Liability Coverage
  Liability coverage may help protect you if you are responsible for bodily injury or damage to someone else’s property while operating your yacht.
• Personal Property Coverage
  This coverage may help protect eligible personal belongings and equipment kept aboard your yacht.
• On-Water Towing and Assistance
  Coverage may be available for towing and emergency assistance if your yacht becomes stranded, breaks down, or runs out of fuel while on the water.

Many additional coverage options may be available for your yacht. Contact our insurance agency and ask to speak with a yacht insurance specialist to learn more about the protection available for your vessel.

Boat Insurance is typically designed for smaller vessels, while Yacht Insurance is generally intended for larger vessels and can offer broader or more specialized coverage options. Eligibility, vessel size requirements, and available coverage can vary by insurance company.

Additional Yacht Insurance options may include:

• Agreed Value Coverage
  An agreed value policy establishes an amount that you and the insurance company agree your yacht is worth. If the yacht is determined to be a covered total loss, the policy may pay the agreed value subject to the terms and conditions of the policy.
• Uninsured Boater Coverage
  This coverage may help protect you if you are involved in an accident with an uninsured boater and can include coverage for certain bodily injury or property damage losses.
• Oil Pollution Coverage
  Oil pollution coverage may help pay certain costs associated with cleanup or liability resulting from an accidental fuel or oil spill, subject to policy terms and limits.
• Marine Environmental Damage Coverage
  This coverage may help address certain environmental damage resulting from a covered loss involving your yacht.
• Search and Rescue / Emergency Services
  Coverage may be available for eligible expenses incurred when governmental or emergency organizations provide search, rescue, or emergency services.
• Dinghy Coverage
  Coverage may be available for an eligible dinghy if it is damaged, destroyed, or stolen.
• Hurricane Haul-Out Coverage
  This coverage may help with certain expenses associated with moving, hauling out, or securing your yacht when a qualifying hurricane or named storm threatens the area.

Many more options may be available for Yacht Insurance. Contact your licensed insurance agent to discuss which coverages may be appropriate for your specific vessel, usage, and situation.

Types of Yachts That May Be Covered by Yacht Insurance

• Day Sailing Yachts
  Day sailing yachts are used primarily for recreational day trips and generally have limited or no overnight accommodations. They are typically smaller vessels designed for shorter outings on the water.
• Weekender Yachts
  Weekender yachts are designed for short trips and usually include a small cabin, basic sleeping accommodations, and limited food preparation space. They are commonly used for brief weekend excursions.
• Cruising Yachts
  Cruising yachts are commonly used for recreational boating and longer trips. They can offer a balance of comfort, space, performance, and onboard amenities.
• Luxury Yachts
  Luxury yachts are larger vessels that may feature multiple sleeping quarters, entertainment systems, premium materials, and other high-end amenities. These vessels often require specialized insurance to help protect their higher value both while underway and while moored.