Burned a couple of weeks shopping for yacht insurance before spring launch. The first thing I learned: a low premium usually hides a pile of exclusions. Check agreed value vs actual cash value — on an ACV policy, depreciation cuts your claim after a total loss. If the boat is older, expect the insurer to ask for a recent survey. The hard part is the policy language, so I found a clear breakdown here: [url=https://yacht-insurance.net]yacht-insurance.net[/url] — it covers the main coverage options without the sales talk. Then check the navigation limits: going past the listed waters can leave you uncovered. In hurricane country, the named storm deductible is often a percentage of hull value, not a flat amount. Pay attention to liability limits — wreck removal and guest injuries can exceed the value of the boat itself. Compare two or three carriers and read the exclusions before you sign.