Charter Yacht insurance

Charter Yacht insurance

Charter Yacht insurance

Charter Yacht insurance

Charter Yacht insurance

Charter yacht insurance, simplified.

Focus on providing fun. We’ve got the insurance covered.

Charter

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

Charter Yacht insurance: Hull and P&I insurance

Protect your fleet and sail with confidence.

Hull & Machinery and Protection & Indemnity insurance for charter yachts provide essential coverage against physical damage, and legal liability. It also safeguards the interests of owners, charter guests, and the overall reputation of the charter business.

Hull & Machinery 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. Protection & Indemnity 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 & Machinery and Protection & Indemnity coverage tailored to your specific charter activities.

Charter Yacht insurance highlights

Protecting your fleet and managing your liabilities.

Charter

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

Charter yacht insurance, simplified.

Focus on providing fun. We’ve got the insurance covered.

Charter

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

Charter Yacht insurance: Hull and P&I insurance

Protect your fleet and sail with confidence.

Hull & Machinery and Protection & Indemnity insurance for charter yachts provide essential coverage against physical damage, and legal liability. It also safeguards the interests of owners, charter guests, and the overall reputation of the charter business.

Hull & Machinery 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. Protection & Indemnity 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 & Machinery and Protection & Indemnity coverage tailored to your specific charter activities.

Charter Yacht insurance highlights

Protecting your fleet and managing your liabilities.

Charter

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

Charter yacht insurance, simplified.

Focus on providing fun. We’ve got the insurance covered.

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
Charter

Charter Yacht insurance: Hull and P&I insurance

Protect your fleet and sail with confidence.

Hull & Machinery and Protection & Indemnity insurance for charter yachts provide essential coverage against physical damage, and legal liability. It also safeguards the interests of owners, charter guests, and the overall reputation of the charter business.

Hull & Machinery 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. Protection & Indemnity 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 & Machinery and Protection & Indemnity coverage tailored to your specific charter activities.

Charter Yacht insurance highlights

Protecting your fleet and managing your liabilities.

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
Charter

Charter yacht insurance, simplified.

Focus on providing fun. We’ve got the insurance covered.

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
Charter

Charter Yacht insurance: Hull and P&I insurance

Protect your fleet and sail with confidence.

Hull & Machinery and Protection & Indemnity insurance for charter yachts provide essential coverage against physical damage, and legal liability. It also safeguards the interests of owners, charter guests, and the overall reputation of the charter business.

Hull & Machinery 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. Protection & Indemnity 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 & Machinery and Protection & Indemnity coverage tailored to your specific charter activities.

Charter Yacht insurance highlights

Protecting your fleet and managing your liabilities.

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
Charter

Charter yacht insurance, simplified.

Focus on providing fun. We’ve got the insurance covered.

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
Charter

Charter Yacht insurance: Hull and P&I insurance

Protect your fleet and sail with confidence.

Hull & Machinery and Protection & Indemnity insurance for charter yachts provide essential coverage against physical damage, and legal liability. It also safeguards the interests of owners, charter guests, and the overall reputation of the charter business.

Hull & Machinery 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. Protection & Indemnity 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 & Machinery and Protection & Indemnity coverage tailored to your specific charter activities.

Charter Yacht insurance highlights

Protecting your fleet and managing your liabilities.

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
Charter

Charter yacht insurance, simplified.

Focus on providing fun. We’ve got the insurance covered.

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
Charter

Charter Yacht insurance: Hull and P&I insurance

Protect your fleet and sail with confidence.

Hull & Machinery and Protection & Indemnity insurance for charter yachts provide essential coverage against physical damage, and legal liability. It also safeguards the interests of owners, charter guests, and the overall reputation of the charter business.

Hull & Machinery 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. Protection & Indemnity 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 & Machinery and Protection & Indemnity coverage tailored to your specific charter activities.

Charter Yacht insurance highlights

Protecting your fleet and managing your liabilities.

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
Charter

Common questions about Charter Yacht Insurance

Can my vessel navigate during hurricane season?

Depending on the insurer, the vessel may navigate during hurricane season but all losses arising from a named windstorm will be excluded.

 

What exactly is the hurricane box?

The ‘Hurricane Box’ is defined as 12 degrees, 40 minutes North and 23 degrees, 30 minutes North and 55 degrees West and 85 degrees West.

 

Can I use my charter yacht for personal and commercial use?

Yes, a charter yacht can be used for personal and commercial use as long as the owner of the vessel and/or designated captain has been approved a Named Operator by underwriters.

 

What types of losses are covered by a Charter Yacht insurance policy?

The types of claims that are covered would fall under either hull physical damage (sinking, stranding, collision, lightning strikes, theft including the dinghy/tender, hurricane) or protection & indemnity (injury to passengers and crew).

 

What are the navigation limits?

The navigational limits must be declared to insurers, but the following is the standard:

Waters of the East Coast, USA for no more than 90 days per policy year, and the Caribbean Sea excluding Cuba, Colombia, Venezuela, and Haiti. Not exceeding 250 miles offshore.

 

Common questions about Charter Yacht Insurance

Can my vessel navigate during hurricane season?

Depending on the insurer, the vessel may navigate during hurricane season but all losses arising from a named windstorm will be excluded.

 

What exactly is the hurricane box?

The ‘Hurricane Box’ is defined as 12 degrees, 40 minutes North and 23 degrees, 30 minutes North and 55 degrees West and 85 degrees West.

 

Can I use my charter yacht for personal and commercial use?

Yes, a charter yacht can be used for personal and commercial use as long as the owner of the vessel and/or designated captain has been approved a Named Operator by underwriters.

 

What types of losses are covered by a Charter Yacht insurance policy?

The types of claims that are covered would fall under either hull physical damage (sinking, stranding, collision, lightning strikes, theft including the dinghy/tender, hurricane) or protection & indemnity (injury to passengers and crew).

 

What are the navigation limits?

The navigational limits must be declared to insurers, but the following is the standard:

Waters of the East Coast, USA for no more than 90 days per policy year, and the Caribbean Sea excluding Cuba, Colombia, Venezuela, and Haiti. Not exceeding 250 miles offshore.

 

Common questions about Charter Yacht Insurance

Can my vessel navigate during hurricane season?

Depending on the insurer, the vessel may navigate during hurricane season but all losses arising from a named windstorm will be excluded.

 

What exactly is the hurricane box?

The ‘Hurricane Box’ is defined as 12 degrees, 40 minutes North and 23 degrees, 30 minutes North and 55 degrees West and 85 degrees West.

 

Can I use my charter yacht for personal and commercial use?

Yes, a charter yacht can be used for personal and commercial use as long as the owner of the vessel and/or designated captain has been approved a Named Operator by underwriters.

 

What types of losses are covered by a Charter Yacht insurance policy?

The types of claims that are covered would fall under either hull physical damage (sinking, stranding, collision, lightning strikes, theft including the dinghy/tender, hurricane) or protection & indemnity (injury to passengers and crew).

 

What are the navigation limits?

The navigational limits must be declared to insurers, but the following is the standard:

Waters of the East Coast, USA for no more than 90 days per policy year, and the Caribbean Sea excluding Cuba, Colombia, Venezuela, and Haiti. Not exceeding 250 miles offshore.

 

Too many options?

Our Insurance Specialists can guide you to the best plan for your needs, and your budget.

Contact Us Today!

Too many options?

Our Insurance Specialists can guide you to the best plan for your needs, and your budget.

Contact Us Today!

Too many options?

Our Insurance Specialists can guide you to the best plan for your needs, and your budget.

Contact Us Today!