Insurance for luxury yachts

Luxury Yacht

Travelers Ocean Marine provides two luxury yacht insurance products designed to meet the unique insurance needs of owners of pleasure craft with hull values of $250,000 to $50 million. Both offer superior levels of protection as well as exceptional service from experienced ocean marine specialists.


Professionally-crewed yachts

Our specialized insurance program – QUAY Marine Agreement – offers coverage designed to fit the unique requirements of luxury yachts valued from $1 million to $50 million.

Owner-operated yachts

Our QUAY Yacht Agreement is designed for luxury yachts valued from $250,000 to $1 million. Specific vessel types include:

  • Trawlers
  • Custom/semi-custom sportfish
  • "Down east" boats
  • Long range cruisers

Coverages for both products include:

  • Captain/crew coverage
  • Personal property coverage for you and your guests
  • Automatic coverage for tenders carried on board
  • Marina as additional insured

Both products offer favorable deductible terms, including:

  • Reduced deductible after a loss-free initial term
  • Deductible waived for:
    • Collision caused by another vessel
    • Fire not originating from your yacht
    • Provable manufacturer's defect
    • Loss resulting from assisting another vessel in imminent danger
  • No deductible for:
    • Tenders carried on board
    • Navigational electronic equipment
    • Personal property (for you, your guests and the crew)
    • Emergency towing

Beyond luxury yacht insurance, Travelers also provides exceptional coverage for a wide variety of other personal watercraft. For information on additional insurance products for boats and yachts, click here.

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