Charter yacht insurance, simplified Focus on providing fun. We’ve got the insurance covered. Charter yacht insurance, simplified You and your team work tirelessly to create the ultimate vacation experience for your guests. From managing the operation to keeping owners and guests happy, there’s much to do. Let our marine insurance specialists alleviate your insurance worries and hassles by taking on the insurance management of your vessels. Our expertise and personal service will give you the coverage you need to protect your business so you can spend more time focusing on your guests.
Charter yacht insurance: Hull and P&I insurance Protect your fleet and sail with confidence. Charter yacht insurance: Hull and P&I insurance Hull and P&I insurance for charter yachts provide essential coverage against physical damage, liability risks, and legal compliance. It also safeguards the interests of owners, charter guests, and the overall reputation of the charter business. Hull insurance covers physical damage or loss to the vessel itself. It typically includes coverage for the yacht's hull, machinery, and equipment for damage or loss due to windstorms, sinking, grounding, or electrical surge, among other reasons. The P&I insurance covers the legal liabilities of the owner and operator while the vessel is in operation. This third-party liability covers bodily injury or death to guests and crew and property damage by the insured yacht. Coverage examples include a slip and fall on board, a guest injury while snorkeling, and the vessel colliding with another boat. MHG’s marine insurance professionals will ensure your business has the appropriate hull and P&I insurance coverage tailored to your specific charter activities.
Charter yacht insurance highlights Protecting your fleet and managing your liabilities. Charter yacht insurance highlights You and your crew work hard to ensure your yachts are in top condition for your guests, and charter yacht insurance can provide the protection you need to keep your business running smoothly. Highlights Vessels with agreed value up to $5,000,000 Full windstorm coverage available Common renewal date for all vessels Policies are ideal for fully crewed charters, fleets, and singletons Fleet discounts Simplified insurance administration for all vessels under management Quick turnaround and response times from the MHG team