Spent about two weeks comparing quotes on coverage for our boat before the season. The first thing I learned: the cheapest quote usually hides gaps in coverage. Look at whether the hull is insured at agreed value or ACV — on an ACV policy, depreciation cuts the payout after a total loss. For an older hull, expect the insurer to ask for a recent survey. The hard part is the policy wording, so a good starting point is
yacht-insurance.net — it lays out the main coverage options without the sales talk. Also read the navigation limits carefully: cruising outside them can get a claim denied. On the East Coast and the Gulf, the named storm deductible is often a percentage of hull value, not a flat amount. Don't skimp on liability either — wreck removal and damage to other boats can exceed the value of the boat itself. Get at least three quotes and go through the exclusions before you sign.
