Yacht Charter Insurance

Yacht Charter insurance provides comprehensive protection for the vessel, the crew, and the passengers. It secures your investment against the unique risks of the maritime environment, ensuring a single incident doesn’t lead to massive financial loss.

Protect Your Marine Assets

This coverage addresses the specific exposures of commercial vessel use, covering everything from physical hull damage to pollution liability. It ensures that unforeseen marine perils don’t result in the total loss of revenue or the abandonment of a scheduled charter.

Why You Need It

  • Hull Damage covers collisions, grounding, or weather-related vessel damage.

  • Pollution Liability protects against fuel spill fines and cleanup.

  • Charterer’s Liability covers risks from commercial use and guests.

  • Wreck Removal funds the costs of removing stranded vessels.

Scope of Coverage

Yacht Charter insurance provides comprehensive protection for the vessel, the crew, and the passengers. It covers the loss of revenue and significant costs resulting from the interruption or abandonment of a scheduled charter due to unforeseen marine perils.

Use Cases

Private Corporate Retreats

Secure high-end vessels used for executive off-sites and professional networking events.

Luxury Commercial Charters

Protect vessels operated for-hire to ensure continuous commercial viability and safety.

Special Event Hosting (Weddings/Parties)

Manage the increased liability of hosting large social gatherings on the water.

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