Find out what you need to know about protecting your yacht with marine insurance.
Your yacht gives you the freedom to relax and explore the globe. But your boat also comes with its fair share of responsibility. From protecting passengers to sailing into international waters, there are lots of risks that come with marine vessel ownership. When it comes to your yacht, protect it with the right insurance. Check out what you need to know about why you need marine insurance.
Unpredictable Weather.
The ocean is full of surprises. One minute you’re blessed with calm waters, the next you could face choppy storm waters. Traveling in these unpredictable conditions puts you at risk for a variety of disasters. From injured crew members to damage to your boat, it’s important that you get the coverage that you need so that you have the means to fix any damage.
Liability Risk.
Your boat comes with lots of responsibility. When operating your boat, ensure that you’re covered with plenty of liability insurance. Stay safe from any accidental injuries or accidental damage that your boat may cause with the right liability risk.
Accidents Happen.
Repairing damage to your boat out of pocket can add up quickly. Fortunately, comprehensive marine coverage can help to give you the financial assistance that you need. That way if you need to repair your vessel for any accidental damage, you have the coverage that you need. Additionally, your policy can help to give you coverage for a variety of issues such as theft, pollution violations, cargo liabilities, coverage for any injuries or death of people onboard, and much more.
Keep your yacht well protected with the right marine insurance. Contact the professionals at NorthStar Risk Management & Insurance Services, Inc. in Walnut Creek, California for all your commercial and personal insurance needs.