Reviewed
12 January 2026
How is a total loss determined in yacht insurance?
Total-lossValuationSettlement
Answer
A boat is typically deemed a total loss when repair costs exceed 70-80% of its current value. Exact threshold varies by policy.
Guides
Guides
Reviewed
12 January 2026
Answer
A boat is typically deemed a total loss when repair costs exceed 70-80% of its current value. Exact threshold varies by policy.