If you are fortunate enough to own a very expensive, luxury vessel you’ll want to have the most comprehensive insurance package available to you. The sea can be a tremendously dangerous place and it’s not unusual for Super Yachts to sink, catch fire or become damaged.
Using a specialist broker such as Morgan Marine Insurance is massively advantageous here. Brokers have the ability to ‘shop-around’ on your behalf and find policies that fit to your personal needs – generic policies are often not sufficient when dealing with very expensive vessels. Brokers such as Morgan Marine are extremely experienced and know where to look to find the correct policy to suit your needs.
Whether your Super Yacht is powered by engine or sail we can offer you tailored policies to suit your insurance requirements. Due to the variety of conditions in which most large yachts operate (regardless of the value, size, location) our insurers have developed a bespoke wording for high value vessels delivering a security that you can rely on and give you peace of mind.
Our policies can be adapted to include Skipper Charter Use to help cover the running costs or as a source of business income. All policies will include liability coverage, which insures the owner’s legal liability against third parties, guests and crew. It can also include cover for:
Even the most experienced Skipper/Owner can be caught out by unforeseen circumstances. It is only when a loss occurs that you truly discover the value of the cover we can offer.
So, how can we help you? If you are concerned about vessel insurance, or simply curious, please contact us today via the links below!