Insurance in Yacht Charter Explained

Hull Insurance

Covers damage to the boat itself, standard with reputable charter operators, though usually with a deductible (see deposit).

Liability Insurance

Covers damage to third parties (other boats, marina facilities) and is also standard in the charter contract.

Reducing the Deductible

Many operators offer a damage waiver for an extra fee that reduces the deductible — often worthwhile on larger yachts with correspondingly high deposits.

Additional Coverage

You should separately arrange trip cancellation insurance and overseas health insurance yourself, as these aren't included in the charter contract.