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Burned a couple of weeks comparing quotes on coverage for our boat before the season. Lesson one: the cheapest quote often hides gaps in coverage. Look at agreed value vs actual cash value — on an ACV policy, depreciation eats the payout after a total loss. If the boat is older, be ready for the insurer to ask for a recent survey. The hard part is the policy language, so I found a clear breakdown here: [url=https://yacht-insurance.net]yacht insurance[/url] — it lays out the main coverage options in plain English. Also read the navigation limits carefully: going past the listed waters can leave you uncovered. On the East Coast and the Gulf, the named storm deductible is often a percentage of hull value, not a flat amount. Pay attention to liability limits — wreck removal and damage to other boats can exceed the value of the boat itself. Get at least three quotes and read the exclusions before you pay.
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