What are the differences between boat and yacht insurance?
Generally “boats” are considered to be 26′ and smaller, and “yachts” are 27′ and larger. Generally speaking yacht coverage is broader and more specialized because larger boats travel further and have more unique exposures. Boat insurance varies by boat length and type, by the cost of the boat and the level of coverage you want. Consult your insurance broker for quotes or compare rates online. Some smaller boats may be insured as a rider on a homeowner’s policy but the coverage may not be as good as what you get with a stand-alone marine policy.
