Yacht Coverage

Whether your client has a luxurious yacht or a small picnic or ski boat, Orchid can be a solution for your client’s yachting needs.

Our carrier partners Ironshore, Chubb and AIG are leaders in the yacht insurance market and provide state-of-the-art yacht coverages.

   General Guidelines

Non-CAT areas:

  • Within the scope of a full account all hull values can be considered.
  • Stand-alone yacht quotes may be entertained with a hull value of $300,000 or greater.
CAT areas such as Florida, NC, SC, GA and Gulf states:

  • Minimum hull value of $750,000 required. Full time captain may be required.
  • Stand-alone and full account options can be entertained.
  • Total account minimum premiums may apply.

   Coverage Features

  • High limits of liability available
  • Worldwide navigational limits available
  • Newly acquired watercraft coverage
  • 12-month navigation with no lay-up clause
  • Liability for full time paid crew
  • Uninsured Boater coverage
  • Coverage for personal effects
  • Workers Compensation (Jones Act)

*Coverage and carriers vary by state

Submit a Yacht Application

 


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