Yacht insurance premiums generally range between 1% and 5% of the yacht's total value each year. For example, if a yacht is valued at $500,000, the annual premium might range from $5,000 to $25,000.

Boat ownership represents freedom, relaxation, and a meaningful connection to the water—but it also comes with financial responsibility. One of the most overlooked expenses is boat insurance, a ...

Yacht insurance is an essential consideration for anyone who owns or is planning to purchase a yacht. Given the significant investment involved, yacht insurance protects the owner against a range of ...