Yacht Coverage
Whether your client has one or three luxurious watercrafts, or is using the yacht for pleasure or charter, our specialized team can develop comprehensive solutions for your high net worth clientele. Orchid’s yacht policies provide regionalized options and our unparalleled coverage includes all-risk benefits.
If your client’s watercraft is moored anywhere between the Texas and the North Carolina coasts, please know that our minimum required hull value is $750,000.
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)