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Insuring Your Yacht through GMG Insurance

From sailing yachts to super yachts, GMG Insurance provides the utmost in coverage for all classes of boats. We help manage the assets and protect the property and investments of clients in 40 states, including high-net-worth clients with domestic and international travel needs.

Property and Liability Insurance

A yacht insurance policy from GMG Insurance is the right way to protect yourself from both property and liability losses, including physical damage to your boat and injuries to others and their property. If you have a crew, host guests or travel internationally, you will find reliable and comprehensive coverage at GMG Insurance.

Our yacht policies can cover physical damage to your boat caused by collision with another boat, a submerged object, or a pier, to name a few hazards. It can also cover non-collision damage caused by weather, vandals, or flying, falling or floating debris.

Your policy will insure you for your liability in the event you harm someone else’s property or injury someone in the course of boating. Damage caused by underinsured or uninsured boaters can also be covered, as can damage to or loss of the personal property of others while on your yacht. Coverage for injury to your passengers can be included, as can fuel spill liability coverage.

Many insurers offer towing, gas delivery, and dingy/tender coverage. You may also want haul-out protection to keep the yacht safe from impending weather perils, as well as help with salvage costs. Roadside assistance is another important option, as is coverage for rescue at sea and disposal costs for a destroyed vessel.

Special Considerations

If you compete or entertain on your yacht, you may have special insurance issues. GMG Insurance can also help you with tenants insurance if you live on your yacht. If you deep sea fish or carry fine art, expensive fishing equipment, or other items of value on your boat, we will help you find appropriate insurance to cover their value. We also offer boathouse insurance, equipment breakdown coverage, protection for losses from ice or freezing, trailer coverage, year-round navigation, and broad navigation limits.

Superior coverage for the tailored needs of our clients.

Turn to GMG Insurance for personalized attention on managing your assets and securing products that accommodate your lifestyle, now and as it changes over time. Contact us at (215) 497-9240; (800) 540-7900; or email at info@gmgins.com.