What Is Ocean Marine Luxury Yacht Insurance?
Ocean marine luxury yacht insurance offers protection from unexpected threats like lightning, mechanical failures and collisions. This insurance includes coverage for loss or damage to a yacht, including personal property onboard, and liability coverage for injuries or damage involving others due to ownership, maintenance or use of the yacht.
A minute away from the water is a minute too long, and any loss to a yacht can be significant. With Travelers, you can rely on a superior level of protection along with exceptional service from experienced ocean marine specialists to get you back on the water quickly.
Luxury Yacht Insurance Products
Travelers offers two luxury yacht insurance products designed to meet the unique insurance needs of yacht owners:
- QUAY Marine Agreement: Coverage designed to fit the needs of professionally crewed luxury yachts valued from $1 million to $50 million.
- QUAY Yacht Agreement: Coverage designed for luxury yachts valued from $250,000 to $1 million. Specific vessel types include trawlers, custom/semi-custom sportfish, downeast boats and long-range cruisers.
Who Is QUAY Marine and Yacht Agreement Insurance Right For?
- Custom and semi-custom sportfish
- Luxury sailboats for recreational use
- Downeast style and trawler boats
- Expedition style boats and long-range motor yachts
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Insights & Expertise
Do you know what to do and have what you need on board to respond if your boat is sinking, catches fire, or stops running?
Be sure you and your passengers follow these safe boating tips and practices to help promote an incident-free return from each outing.