Superyacht Insurance


Superyacht insurance is a complex service that is critical to safeguard from marine risks. Superyachts are considered one of the most luxurious objects in the world, and with that comes one of the most extensive insurances as well. From jet-skis, inflatables and dinghies, to the guests and crew, it’s imperative your superyacht insurance coverage be comprehensive.

Our yacht management team conducts an in-depth study of risk coverage, underwriter reputation, and claim handling to recommend only the best service providers. We also conduct regular reviews of your yacht’s hull, machinery, liability, and crew health insurance policies. At Superyacht Sales & Charter, we have long-stablished relationships with several insurance underwriters so we can arrange the most appropriate insurance for your yacht and crew.

Liability Coverage is also recommended to insure the owner’s legal liabilities. Additionally, the crew should be included in the insurance package to protect in case of emergencies, accidents, medical issues and salary. No fault coverages will also be discussed to protect fault towards the yacht in case of injury to any guest or crew members.

Protecting the crew members is very important, especially when they are away from their resident country. There may be a scenario that a crew member needs medical treatment, air rescue, or even crew replacement. Insurance packages are available to protect you if any of these scenarios were to arise.

What Does Superyacht Insurance Cover?

Aside from the yacht itself, a package can be tailored to your exact needs & specifications. Typically the insurance covers:

  • The Superyacht in its entirety
  • Water Sports Equipment
  • Inflatables
  • Personals – Clothing, Food, Drinks, Currency (on-board)
  • Any leased items

Vital Insurance Coverage

Yachting is an exclusive luxury activity with potential perilous possibilities at sea. Your Superyacht Insurance package should cover these situations for the safest of coverages which include:

  • Captains Coverage – Insurance that protects the Captain in an event that can ruin the individuals career.
  • Piracy – Although it is a very low possibility it is important to have the proper coverage.
  • Kidnapping & Ransom

Factors Affecting Superyacht Insurance Coverage

  • The overall size of the Superyacht
  • Location of your yachting excursion
  • Size of the crew and their backgrounds (nationalities)
  • Refurbishments if needed
  • Different modes of movement of the ship by third party carriers
  • Financial arrangements


Shipyard insurance is also needed. Shipyard’s typically cannot handle the high value and risk of holding a Superyacht. For this reason, Shipyard’s will ask that you sign a waiver that protects themselves against any negligence incurred, which will lift any fault that the owner’s insurance will place on the shipyard.

Check the claims guidance for your insurance policy. This will inform you of what to do in any situation and the quicker the claim is reported, the sooner assistance can arrive and a solution can occur.

Taking the extra time to consult an insurance company that will guarantee you are fully protected. Regardless if you are part of the crew, a guest or the Captain, it is highly important to know that you have the best possible coverage available.

For more information about how to best protect your assets with on of our insurance packages please contact us below or call our yacht management team at 954-368-7200.

Additional Yacht Management Services

Yacht Administration & Accounting

Yacht Safety & Security Management

Logistics & Operational

Inquire About Our Superyacht Insurance Services

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