Yachts are valuable assets worthy of the best insurance protection. And while yachts differ by construction, size and value they also differ in the way they are used and how they are navigated. Understanding the risks inherent with yacht ownership is critically important to being able to properly insure the yacht. That is why working with a Yacht Insurance Specialist is so important to procure the broadest protection available at the most affordable price. That is the definition of true value and that is what we are passionate about here at Charter Lakes.  Our account executives will help you design a policy that precisely fits your needs.  We have 24/7 claims service, so you will have support available when you need it in the unfortunate event that you have a mishap on the water.

Please note: Every yacht insurance policy is written differently and can vary greatly in the amount of coverage it provides. Charter Lakes represents the largest, most financially sound yacht insurance underwriters in the country. We understand the strengths and weaknesses of each underwriter’s policy form, including those of our competitors. Our Account Executives will help you find the right policy to precisely fit your needs and your budget.

Basic Yacht Policy Features Include:

  • All Risk policy form written on an occurrence basis
  • Physical Damage is written on an Agreed Value basis
  • Protection and Indemnity Liability
  • Pollution Liability
  • Medical Payments
  • Personal Property Coverage
  • Uninsured Boaters Liability
  • Towing and Emergency Assistance

Did you know that many yacht insurance policies specifically exclude loss caused by mechanical breakdown? That may not be surprising to you since your automobile policy excludes mechanical breakdown as well. However, we sell several policies that do not exclude mechanical breakdown loss. This could mean the difference between having a $ 50,000 engine failure covered or not.

The yacht Insurance marketplace can be challenging. Working with a Yacht Insurance Specialist is the best way to procure the broadest insurance protection at the most affordable price.

Putting our team behind you is a winning combination.