Helpful Facts about Yacht Insurance

Helpful Facts about Yacht Insurance

yacht insurance in Newport Beach

Given the unique nature of Maritime law, it is critical to arm yourself with information before purchasing yacht insurance in Newport Beach. Boats are mobile like cars, but yachts are worth significantly more money than the vast majority of automobiles, and your policy should address both issues.

Much like other forms of insurance, there is not one policy that is suitable for all yachts. It is imperative that you review every last detail while you shop around.

What You Need to Know

While boat policies are extremely comprehensive, following are the most important factors you should take into account during the process of obtaining yacht insurance in Newport Beach.

The geographic regions where you will most likely take your boat. The vast majority of riders provide coverage for the 48 contiguous states in the United State, but you may need to purchase an additional rider if you plan to travel abroad.
The possibility of collisions with docks or other crafts. Property damage liability will protect you in this scenario.

TheHarm that comes to your boat or passengers. Collison damage covers repairs made or replacement of your boat, while bodily injury liability covers treatment for injuries sustained by those who board your craft.

Enjoy your time on the water without worrying about the stress of what ifs by purchasing yacht insurance in Newport Beach today.