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Yacht Hull Insurance

Yacht hull insurance is a specific type of insurance coverage that provides financial protection for the hull of a yacht. The hull of a yacht refers to the main body of the vessel, including the deck and superstructure. Yacht hull insurance is designed to cover the cost of repairs or replacement of the hull in the event of damage or loss.

Yacht hull insurance is a crucial component of yacht insurance as the hull is one of the most important and valuable parts of the vessel. The hull is responsible for providing structural integrity and stability, and damage to the hull can have serious consequences, including the risk of sinking. Additionally, the cost of repairing or replacing a damaged hull can be significant, making yacht hull insurance an important consideration for yacht owners.

Yacht Hull Insurance

There are several types of yacht hull insurance policies available, including all risks coverage, named perils coverage, and agreed value coverage. All risks coverage provides comprehensive protection against a wide range of risks, including damage caused by storms, collisions, grounding, and theft. Named perils coverage, on the other hand, provides coverage for a specific set of risks, such as theft or fire, but does not provide coverage for all risks. Agreed value coverage provides coverage for the agreed-upon value of the yacht, regardless of its actual value, and can be a good option for owners of older yachts or for those who have made significant investments in their vessels.

In addition to covering the cost of repairs or replacement of the hull, yacht hull insurance may also provide coverage for related expenses, such as towing and salvage costs, as well as for loss of use or loss of income if the yacht is unable to be used due to damage.

When selecting a yacht hull insurance policy, it is important to consider the specific needs of the yacht owner. The type of yacht, its intended use, and the geographic location where it will be used are all important factors to consider when choosing a policy. It is also important to consider the level of coverage needed, as well as the deductibles and policy limits.

In order to ensure that the yacht hull insurance policy provides adequate coverage, yacht owners should work with a professional insurance broker. Insurance brokers have access to a wide range of yacht hull insurance policies and can assist yacht owners in finding the policy that best meets their needs. They can also provide valuable guidance on the terms and conditions of the policy, as well as help with the claims process in the event of a loss.

Contact us

Adriatic Yacht Risk Management
Ulica Vallelunga / Via Vallelunga 90
52100 Pula
Croatia / Kroatien


Your lifeline for your seafaring.