Navigators & General

What to confirm with any yacht insurer

Cover for a yacht is rarely one product — it is a stack of related sections, and the value is in the detail. Whichever provider you approach, these are the points worth settling before you bind a policy:

Hull & machinery

The basis of settlement — agreed value versus actual cash value — and what the sum insured covers.

Protection & indemnity (P&I)

Third-party liability limits for injury, pollution, wreck removal and damage to other property.

Crew cover

Employer liability, medical and repatriation for paid crew, where the vessel carries them.

Navigation limits

The cruising area the policy permits, and what happens if you sail beyond it.

Lay-up & warranties

Any seasonal lay-up period, survey conditions or warranties that must be met for cover to respond.

Deductibles

Standard excess plus any separate named-storm or windstorm deductible in exposed regions.

Related guides

• Yacht insurance: the complete guide
• Agreed value vs actual cash value
• Navigation limits & lay-up warranty
• Named-storm deductibles explained
• Yacht insurance glossary