Yacht Insurance
When you bought your yacht, you bought the best. You want to make sure that when you are on the water, you're protected by the best. With Markel Helmsman Yacht insurance, you'll be covered by a company with the history of protecting people who love luxury on the water.
At Markel American, our experience insuring yachts allows us to understand the ins and outs of yachting better than anyone else.
When you insure your performance boat with Markel Helmsman Yacht, these are just a few of the benefits you will reap:
-
No maximum length or hull value
-
Agreed value provision for total losses with Replacement Cost provided for most partial losses
-
Coverage for Protect and Recover in addition to the Hull limit
-
Tender coverage provided, with $500 deductible
-
$500 Electronics deductible for boats less than or equal to 10 years of age
-
$1,000 Rental Reimbursement coverage included, with higher limits available
-
$2,500 in Personal Effects Coverage included - higher limits available
-
$750 in Emergency Towing and Assistance coverage included - higher limits available
-
$1,000 Aggregate for Windstorm Extra Expense included
-
Protection & Indemnity-
High Limits
Jones Act
Wreck Removal included with purchase of Hull coverage
Coverage provided while operating insured yacht or non-owned yacht
-
Longshore and Harbor Workers Compensation
-
Uninsured boater coverage equal to the Protection & Indemnity limit, up to $2,000,000
-
Oil Pollution separate limit to $800,000
-
Medical Payments included at $10,000 - higher limits available
-
For qualified boats: Helmsman Plus-
When Hull & Protection and Indemnity are purchased, we provide $25,000 Medical Payments, $10,000 Personal Effects and $2,500 Emergency Towing and Assistance at no charge
Make sure that the next time you are on your yacht, you're properly covered. Make sure you take Markel Helmsman Yacht out on the water with you.