If you own a yacht, it can be fun and exciting to take it out on the water and explore the open seas. But what happens if your boat is involved in a collision, oil discharges into the ocean or a member of the crew is injured? You need marina liability insurance to protect you.
Every yacht is uniquely designed and each person keeps different possessions on board. You could have an expensive entertainment system and another person could have a hot tub on board. Due to these differences, each of you will want different plans for personal effects coverage in the insurance plan.
Just as possessions aboard a yacht vary, how the boat is used varies from owner to owner as well. You might like to travel internationally in yours, while someone else uses theirs primarily for fishing. Depending on how your yacht is used and where it is stored, you will want to purchase different features for the marina liability insurance.
Having the freedom to explore the ocean on your own personal vessel is exciting. However, it is important to be prepared for accidents or injuries that could occur. Make sure you have the proper marina insurance to protect you against any possible situations you could find yourself in.