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Ocean marine insurance — Travelers QUAY Yacht Agreement

The QUAY Yacht Agreement is an insurance contract specifically designed for luxury yachts valued from $250,000 to $1 million. No other policy is designed quite like it. It has all the benefits of a mega yacht policy tailored to meet the unique requirements of custom and semi-custom sportfish vessels, trawlers, "Down East" boats and long-range cruisers. Favorable policy language includes:

  • Captain/crew coverage (including Jones Act)
  • 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
  • Automatic coverage for Marina as additional insured

Customer profile

Privately-owned luxury yachts valued from $250,000 or greater such as:

  • Custom and semi-custom sportfish vessels
  • Trawlers
  • "Down East" boats
  • Long-range cruisers
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