Yacht Insurance Products
Liability Coverage
Introduction
Your Shield Against liability exposure
Benefits
Why Liability Coverage
Our products
Liability Coverage Products
- Bodily injury and property damage protection
- Covers incidents on and when out of the water
- Includes legal expenses and settlements
- Covers crew, passengers and third-party injury claims
- Protections against the environmental pollution and cleanup costs
- Liability for collision damage and wreck removal
- Legal defense costs and fines coverage
Frequently asked questions
Find answers to common questions.
Liability insurance covers legal costs and damage if you cause injury to others or damage their property while operating your yacht.
Requirements vary by region and flag state, but most marinas and countries require at least third-party liability coverage to legally operate your vessel.
Yes, liability insurance can be tailored to cover commercial operations, including chartering, with appropriate limits and terms. When chartering, liability from your paying guests increases.
Yes, many liability policies include environmental liability to cover pollution or accidental discharge caused by your yacht.
If you are legally required to remove the vessel/wreck, this is covered by your liability cover. There is a difference between salvage and removal of wreck. Salvage is typically covered by the hull and machinery section of a policy with removal of wreck being covered by the liability section. If a vessel is not considered a total loss/wreck then the removal of the vessel would be classed as salvage.