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10 Tips for Crafting Yacht Coverage

The recent high-profile Costa Concordia tragedy shed light on perils at sea, but there is also plenty of danger closer to home.

By Carl Lessard | Updated on February 15, 2012

Water sports, boating and yachting can be thoroughly enjoyable pastimes, but each type of watercraft brings its own unique risks. Understanding how to best protect your clients is paramount.

Broad coverage is a critical first step, particularly for owners of larger yachts. A small handful of insurance providers offer policies that can properly protect your clients and their watercraft investments. However, much more can be done to maximize safety and minimize the potential for costly damage.

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