Yachts & Cruisers

Yacht Insurance
for the Emerald Coast

Get here the coverage you need for your yacht or cruiser.

What Does Yacht Insurance Cover?

Yacht and cruiser insurance typically covers physical damage to the vessel, including hull damage, engine damage, and electronics damage. It can also cover personal belongings on board the ship, towing and emergency service, and liability if someone is injured while on board your yacht or cruiser. Several types of coverage are available under a yacht and cruiser insurance policy.

Some of the most common include:

Liability Coverage

This type of coverage protects you financially if you are found responsible for an accident that causes damage to another person’s property or injures someone.

Collision Coverage

This type of coverage pays for repairs to your vessel if it is damaged in an accident with another vessel or object.

Comprehensive Coverage

This type of coverage pays for repairs to your vessel if it is damaged by something other than a collision, such as fire, theft, or vandalism.

Medical Payments Coverage

This type of coverage pays for the medical expenses of anyone injured while on board your vessel.

Uninsured/Underinsured Boater Coverage

This type of coverage protects you financially if you are involved in an accident with a boater who does not have insurance or does not have enough insurance to cover the damages.

Personal Property Coverage

This type of coverage pays for replacing or repairing any belongings damaged or lost while on board your vessel.

Towing and Labor Coverage

This coverage pays for towing your vessel if it becomes disabled while on the water. It can also cover the labor required to make repairs so you can get back underway.

Frequently Asked Questions

Q: What is the most common yacht insurance coverage?

A: The most common yacht insurance coverage is hull insurance, which covers the boat itself in the event of damage or theft.

Q: Do I need to insure my yacht if it's stored on land?

A: Yes, you should still insure your yacht even if it’s not in the water. Your policy will likely cover the cost of repairs if the yacht is damaged while in storage.

Q: How does the value of my yacht affect my insurance premium?

A: The value of your yacht will affect your insurance premium because it will be used to determine the replacement cost of the boat if it’s totaled. A higher-valued yacht will have a higher insurance premium.

Q: What are some of the perils that my yacht insurance policy will cover?

A: Your yacht insurance policy will likely cover damages caused by storms, fires, collisions, and theft. Some policies also offer coverage for medical expenses if you or your passengers are injured while on the boat.

Q: Will my regular auto insurance cover me if I'm in an accident while driving my yacht?

A: No, your regular auto insurance will not cover you if you’re in an accident while driving your yacht. You’ll need to purchase separate yacht insurance to be properly protected.

Q: Do I need to insure my dinghy?

A: Yes, you should insure your dinghy because it’s considered part of your yacht. Your yacht insurance policy will likely cover the dinghy if damaged or stolen.

Why Choose Us

Reach Us Now

Are you looking for reliable and affordable Yacht & Cruiser Insurance? If so, you’ve come to the right place. At Term Brokers Insurance Services, we understand the importance of protecting your yacht & cruiser Insurance. We’re here to help you find the perfect policy for your needs. Contact us today at 850-864-2000 to learn more!

Term Brokers Insurance Services

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What Is Yacht & Cruiser Insurance?

Yachts and cruisers are luxury watercraft that require specialized insurance coverage. These vessels can be expensive to repair or replace, so protection is essential in case of an accident. Yacht and cruiser insurance can provide financial peace of mind should something happen to your vessel. Term Brokers Insurance Services is a leading yacht and cruiser insurance provider in Emerald Coast We can help you find the right coverage for your needs and budget. With our years of experience, we can find the right policy to protect your investment.

We'll Make Sure You're Protected On The Open Sea

If you’re looking for yacht or cruiser insurance > 30 feet in Emerald Coast, our Term Brokers Insurance Services experts are here to help. We’ll ensure you have the coverage you need to stay safe and protected on the open sea. We know how important this is for you and your investment, so we will work with you to create a policy that fits your needs and budget.

Whether you are a first-time boat owner or a seasoned sailor, we can help you find the right insurance for your yacht or cruiser. We understand the ins and outs of boat insurance so that we can find you the best coverage at the most affordable price.