Watercraft Coverage
Whether your client has a luxurious yacht or a small picnic or ski boat, Orchid can be a solution for your client’s yachting needs. Our carrier partners Chubb and AIG are leaders in the yacht insurance market and provide state-of-the-art yacht coverages.
QUOTE WATERCRAFT NOWNon-CAT areas:
- Within the scope of a full account all hull values can be considered.
- Stand-alone yacht quotes may be entertained with a hull value of $300,000 or greater.
CAT areas such as Florida, NC, SC, GA and Gulf states:
- Florida: Minimum hull value of $3 million required. Full time captain required.
- Vessel must be less than 15 years old. No absentee owner.
- Stand-alone and full account options can be entertained.
- Total account minimum premiums may apply.
Coverage Features
- High limits of liability available
- Worldwide navigational limits available
- Newly acquired watercraft coverage
- 12-month navigation with no lay-up clause
- Liability for full time paid crew
- Uninsured Boater coverage
- Coverage for personal effects
- Workers Compensation (Jones Act)
*Coverage and carriers vary by state
