Took me about two weeks comparing quotes on coverage for our boat before the season. The first thing I learned: a low premium often hides gaps in coverage. Check 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, be ready for a request for a fresh marine survey. The hard part is the policy wording, so a good starting point is yacht-insurance.net — it covers the main policy terms in plain English. Also read the navigation limits carefully: cruising outside them can leave you uncovered. 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 guest injuries can exceed the value of the boat itself. Get at least three quotes and go through the exclusions before you sign.
