Luxury Boat & Yacht

Sail the seven seas in style knowing your luxury watercraft is well protected.

High tide or calm waters, comprehensive coverage for your luxury boat or yacht is a necessity.

Enjoy a worry-free waterline with BKS experts at the helm of your risk management.

Scientists have found direct correlations between water and happiness—meaning your luxury boat or yacht is practically therapy. Protect your happiness with BKS Partners’ custom risk mapping and elite protection. Insuring high-end pleasure vessels requires an extra level of finesse. We’ll show you how it’s done, BKS style.

Our luxury boat & yacht coverage highlights:

The amount we agreed upon, we pay. No deductible, no tricks, no hidden stipulations—just total loss with up to 120% replacement cost coverage.

Depreciation-free replacement or repair of partial loss for insured property.

Specialized coverage limits to match your specialized needs, including legal fees, Oil Pollution Act (OPA) of 1990 liability, Jones Act coverage, Longshore and Harbor Workers’ Compensation Act (LHWCA), and wreck removal.

Bodily injury coverage for those who are injured aboard your insured vessel by an operator of an uninsured/underinsured vessel.

For passengers leaving, boarding, or already onboard, reasonable medical expenses may be covered.

Depending on your level of coverage, expenses incurred by a governmental unit to come to your aid may be included.

 If it’s on your watercraft and it belongs to you or your passengers, it’s most likely covered. This includes clothing, personal items, and fishing equipment.

Does your vessel get stored at a yacht club, marina, or other similar mooring facility? That’s included under Additional Insureds.

The trailer used for your insured luxury watercraft is automatically included.

Never be without a paddle. This coverage comes included in our policy.

You’re proud of what you have, as you should be. This coverage is automatically included if you decide to display your luxury watercraft at a show or demonstration.

We can’t plan for everything, but we can try. Our policy covers reasonable costs sustained from a haul, dock, or fuel that was endangered by your insured vessel under a covered peril.

Inspecting your insured vessel after a stranding, grounding, or striking of a submerged object is a deductible-free feature of this policy.

If your insured vessel is out of commission resulting from a covered loss and cannot be repaired within 72 hours, we’ll provide up to $5,000 to temporarily charter a substitute watercraft.

Financial protection for up to $10,000 in penalties and fines resulting from marine environmental damage. This coverage is provided in addition to applicable Liability and OPA limits.

Ensure your protection is as distinctive as you are.

Get in contact with an advisor today to see how BKS can support you.