Mega-Yacht Insurance
This insurance is written exclusively for the requirements of Mega-Yachts and their owners. In general, these are all risk policies with few exclusions.
Depending on the insurance company, these policies may include the following coverages:
- Liability Coverage for the captain and crew
- Electronics and Navigational Equipment
- Personal Liability Coverage for a live aboard captain and his/her family
- Oil and Fuel Spill Pollution Coverage
- Extended Navigation Limits
- Fine Arts Coverage
- Mechanical Breakdown
- Charter/Exhibition/Demonstration
- Cargo Insurance
- Breach of Warranty
- Coral Reef Insurance
- Protection and Indemnity
- Agreed Value of your Vessel
- Towing to a Safe Harbor
Mega-Yacht Insurance is very specialized. It’s best to consult a proven expert in this field when purchasing insurance.
Steve Wyrostek -BoatInsurance.org Expert A 20 year plus veteran of the insurance industry, Steve managed departments in the personal and commercial lines areas of major insurers. He’s familiar with how insurance—ranging from boat to workers compensation—works.