What Is Yacht / Boat Insurance?
Yacht and boat insurance is a comprehensive type of insurance that provides coverage against risks that marine vessels may face. Yachts and boats used for private or commercial purposes may be exposed to various risks while at sea, in port, or on land. This insurance provides financial protection against potential damages and losses.
What Does It Cover?
Yacht and boat insurance policies may vary depending on the coverage scope, but they generally include the following:
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