Boat Insurance Yacht Charter Insurance and Conditions of Charter

Reputable Yacht Charter Companies make it clear what is covered by the boat insurance, the yacht charter insurance and the conditions of charter.

However the Charterer should, in their own interest, check that, if something goes wrong, they will not incure unexpected costs.

 

Yacht Charter Companies normally ask for a security deposit to cover smaller losses and the insurance excess in the event of an accident or loss.If their excess is very high it could be worth taking out an additional insurance to cover the excess.

Yacht Charter Insurance does not normally cover personal accidents or illness and it is therefore sensible to take out personal accident insurance for the period of the charter and also to cover the possibilty of forced cancellation due to illness or other causes.