admiral yacht insurance

5 of the best Yacht Insurance Companies

While yachting is meant to be all about escaping the humdrum aspects of life, to enjoy the experience with full peace of mind it’s a wise idea to get your trip – and your vessel – insured.

Yachts line the famous harbour in Monaco (Photo: Mike McBey via Flickr / CC BY 2.0)

From brokers to charterers to concierge, most operators in the yacht world are focused on one thing and one thing only: selling yachting as an enticing lifestyle choice that you can’t do without. But behind this glossy idyll, the comparatively prosaic requirement of choosing an insurance policy that protects yacht owners and charterers from unforeseen events looms large. We’ve picked out 5 of the best yacht insurance companies currently on the market.

Pantaenius has been providing insurance across a number of sectors dating back to 1899, and for the yacht industry since 1977. Today the company is widely considered one of the leading insurance specialists on the yacht market in Europe and globally thanks to their tailor-made solutions developed by skippers, for skippers, and designed to eliminate all of the worry and stress from the cruising experience. As well as their standard coverage options such as hull insurance, personal accident insurance and crew medical insurance, they also offer a unique online solution, which allows vessel owners to choose their own cover according to the modular principle and manage contracts easily online.

pantaenius.com

Perhaps best known for the sales and charter arms of the business, IYC are also a leading international player in the yacht insurance sector. Their team of insurance experts help owners navigate their way through the multitude of customised solutions available to cover the exposures linked to the operation of their yacht. With direct access to US, Lloyd’s and European insurance markets, they are uniquely positioned to offer exclusive, competitive yet fully comprehensive yacht insurance products to clients. As well as market-leading yacht coverage, they also offer personal accident coverage (including emergency medical expenses and search and rescue) providing peace of mind for both owner and crew.

A family-run business with offices around the world, Lockton offer fully comprehensive coverage for vessels of all sizes. Their dedicated Yacht Practice provides specialist advice and expertise, working with clients to tailor insurance programmes that meet the complex needs of yacht ownership and provide comprehensive insurance resolutions. By combining the talents of both Private Client and Marine colleagues, they deliver seamless programmes to protect these high-value assets and their staff. Their solutions include coverage for hull and machinery insurance, tenders and submersible vessel insurance, medical and personal accident insurance for your crew and guests, berth liability insurance, and plenty more.

lockton.com

Admiral Marine

For over 25 years Admiral have been providing yacht insurance for sailors across the world. Launched by Robert Holbrook, a keen yachtsman, who  recognised the need for flexible yacht insurance for yacht owners, today it specialises in insurance for vessels based in the UK, Northern European waters, the Mediterranean, South East Asia and the Caribbean. The company prides itself on its personal touch and practical approach, with all claims handled in-house, making claim settlement fast, easy and stress-free. Along with the standard yacht cover, their insurance policy benefits include no excess for third party claims, no excess if you are struck by another vessel when moored, a contribution to accommodation costs if the yacht is rendered uninhabitable, and cover for piracy, acts of terrorism and associated risks.

admiralyacht.com

Coleman Marine

Coleman Marine Insurance is the company’s highly specialised marine division, providing bespoke solutions for all aspects of yacht insurance. Whether it be power or sail, monohull or multihull, yacht or custom tri-deck, the company provides tailored insurance solutions for you. Close relationships with leading yacht insurers have been nurtured to provide an extensive range of products for yacht and motorboat owners’ risks, with Coleman’s established specialists able to provide proven policy wordings and an exemplary claims service. A full 24-hour, 365-day-a-year claims management service is delivered by staff who work closely with leading marine surveyors in the UK, Europe and further afield.

colemanmarine.co.uk

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Global Boat Insurance

If you’re looking for global boat insurance for your specific sailing plans, then Admiral Marine have the experience and knowledge to put together a bespoke global boat insurance quote  for your exact requirements.

Tailored to your boating needs

With over 30 years of experience within the global boat insurance sector, we can tailor your sailing plans to ensure that you have the best boat insurance coverage for your yacht or boat, whether you’re sailing in the UK,  Europe ,  USA ,  Caribbean  or globally.

We currently insure UK domiciled clients only, with boat insurance coverage to sail anywhere in the world.

As specialists in c ruising boat insurance  and long standing corporate members of the  World Cruising Club , we can also provide exclusive cruising boat insurance for both the  ARC  and the  World ARC  sailing rallies.

With our combined knowledge of ocean crossings, sailing experience and our global contacts within the sailing community, we can provide our clients with the best boat insurance coverage that suits their sailing needs at all times.

We very much pride ourselves on our personal boat insurance service and we provide an in-house claims  service to ensure that any claims are processed fast, efficiently and stress free for our clients.

So, whether you own a  Beneteau ,  Jeanneau ,  Hallberg Rassy ,  Oyster Yacht ,  Hanse Yacht ,  Discovery Yacht  or even a  Rustler Yacht  just to name a few, then make sure that you choose Admiral Marine for your global boat insurance coverage.

If you would like to request a  boat insurance quote , please complete our online quote request form and our experienced and friendly team will get back to you. Alternatively, if you would like to call or email us please  contact Admiral Marine .

Yacht & boat insurance

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Frequently asked questions.

Our standard policy allows you to take part in any race or regatta, but does not cover for the rig unless it is damaged by collision, stranding, sinking or fire. The hull is covered, but with double excess during racing.

Your claim will be assessed on the basis of the ‘agreed value’ – the insured value stated on your policy schedule at that given time and in accordance with the terms of your policy.

Contact us  as soon as possible to inform us of any changes. We’re happy to accommodate changes at any time during your year, whether that be changing contact details or an aspect of your policy.

We don’t offer no claims bonus on any policy where the insured value exceeds £200,000 and/or where the boat is spending the majority of the policy period outside the boundary of UK and European waters.

Because we’re committed to offering the best personal service and tailored terms, we don’t believe in automatic renewals. Instead, we’ll offer you a renewal quote about a month before your policy is due to expire, and ask you whether there have been any changes to your requirements.

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What Our Clients Think

"handled with ease".

“An unusual set of circumstances due to distance and awaiting a survey report were dealt with without any problems at all. A smooth change of vessel handled with professional ease and helpfulness. I have used Admiral Insurance for a good while, including several long distance voyages including a circumnavigation which all were handled with ease.” Mr Emery - Customer

“Great service, good value marine insurance”

“Cristelle helped me to insure our new (to us) 44 year old boat, a SHE 36'. An old boat always has a few wrinkles and Cristelle made the process easy and straightforward. This is the second boat we have insured with Admiral Marine and I wouldn't go anywhere else. You get good value for money and an excellent, personal service. What more could you want from marine insurance?” Mrs Ginny Kidd - Customer

“Admiral Marine made it easy”

“Admiral Marine made it easy for me to insure my boat. All correspondence was via email so no waiting in long phone queues, and all communication was very prompt. Would certainly recommend Admiral Marine.” M Smith - Customer

Admiral Marine is a trading name of Admiral Marine Limited which is authorised and regulated by the Financial Conduct Authority (FRN 306002) for general insurance business. Registered in England and Wales Company No. 02666794 at Beacon Tower, Colston Street, Bristol BS1 4XE. 

If you wish to register a complaint, please contact the Compliance and Training Manager on  [email protected] .  If you are unsatisfied with how your complaint has been dealt with, you may be able to refer your complaint to the Financial Ombudsman Service (FOS).  The FOS website is  www.financial-ombudsman.org.uk

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+44 (0)1722 416106 | [email protected] | Blakey Road, Salisbury, SP1 2LP, United Kingdom

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Finance & Insurance / Insurance

Admiral Marine Yacht Insurance: A Comprehensive Review

October 13, 2023

Admiral Marine Yacht Insurance is a UK-based insurance company that has been providing comprehensive policies for boat and yacht owners for many years. They offer different types of coverage, including insurance for long-distance voyages and different types of yachts. Admiral Marine is known for its personalised service, professional advice and guidance, and efficient communication.

Understanding insurance is essential for any boat or yacht owner who wants to ensure that their vessel is adequately protected. The pricing structure is transparent, and the claims process is straightforward. Customers have reported positive experiences with the company’s customer service, and company representatives are knowledgeable and helpful. The underwriting process is rigorous, and the surveying process is thorough, ensuring that customers receive the appropriate coverage for their needs.

Key Takeaways:

• Admiral Marine Yacht Insurance provides comprehensive policies for boat and yacht owners, including coverage for long-distance voyages and different types of yachts.
• The pricing structure is transparent, and the claims process is straightforward.
• Customers have reported positive experiences with the company’s customer service, and the underwriting and surveying processes are rigorous and thorough.

Related Posts:

• Admiral Marine Yacht Insurance

Understanding Admiral Marine Yacht Insurance

Admiral Marine is a yacht insurance provider that offers comprehensive insurance services for boat owners. Their yacht insurance policies provide cover for a range of risks, including accidental damage, theft, and third-party liability.

Admiral Marine understands that every boat owner has unique needs, and they offer a range of boat insurance cover options to suit different requirements. Their policies can be tailored to suit the specific needs of different types of boats, from small dinghies to large yachts.

In addition to standard yacht insurance cover, Admiral Marine also offers additional marine insurance options. These include cover for racing risks, personal accident cover, and cover for equipment and accessories.

When taking out a yacht insurance policy with Admiral Marine, boat owners can be confident that they are getting a comprehensive level of cover. Their policies are designed to provide peace of mind and financial protection in the event of any unforeseen incidents.

Overall, Admiral Marine is a knowledgeable and reliable yacht insurance provider that offers a range of cover options to suit different needs. Boat owners can trust Admiral Marine to provide them with the protection they need to enjoy their time on the water with confidence.

The Pricing Structure

Admiral Marine Yacht Insurance offers a range of policies to suit different types of boats and sailing requirements. The pricing structure for their insurance policies is based on a number of factors, including the type of vessel, the value of the boat, and the level of coverage required.

Admiral Marine Yacht Insurance aims to provide competitive prices for their customers while still ensuring that they receive good value for money. They offer customizable coverage, allowing customers to tailor their policies to match their individual needs. This means that customers only pay for the coverage they need, making the pricing structure fair and reasonable.

Admiral Marine Yacht Insurance’s pricing structure is transparent, with no hidden fees or charges. They provide customers with a clear breakdown of the costs involved in their policies, so customers can make an informed decision about their insurance coverage.

Overall, Admiral Marine Yacht Insurance offers fair pricing for their policies, and their customizable coverage options provide customers with good value for money. They remain competitive within the market, and their responsive support team provides excellent assistance to customers who have questions or concerns about their policies.

Claims Process

Admiral Marine offers a straightforward and efficient claims process to ensure that yacht owners can quickly get back to enjoying their vessel. In the event of a claim, yacht owners can contact one of Admiral Marine’s expert claims managers, who will guide them through the process and settle the claim quickly in-house.

To make a claim, yacht owners can contact Admiral Marine’s claims department via phone or email. The claims manager will then guide the yacht owner through the claims process, which includes providing the necessary information and documentation to support the claim.

Admiral Marine’s claims managers are knowledgeable and experienced in handling yacht insurance claims. They understand the unique needs of yacht owners and will work to ensure that the claims process is as stress-free as possible.

Furthermore, Admiral Marine has a reputation for settling claims quickly and efficiently. This is because they have a team of in-house claims handlers who are dedicated to providing a high level of service to their customers.

In summary, Admiral Marine’s claims process is straightforward and efficient, with knowledgeable claims managers who are dedicated to providing a high level of service to yacht owners. If a yacht owner needs to make a claim, they can rest assured that Admiral Marine will guide them through the process and settle the claim quickly and efficiently.

Customer Service Experience

Admiral Marine Yacht Insurance has been praised for its excellent customer service experience. According to Trustpilot reviews, customers have had positive experiences with the service provided by Admiral Marine. They have been described as friendly, responsive, and helpful.

One customer stated that Admiral Marine made it easy for them to insure their boat. All correspondence was via email, so there was no waiting in long phone queues, and all communication was very prompt. Another customer mentioned that they received quick and helpful replies, with no headache in the relationship.

Admiral Marine’s customer service team is knowledgeable and confident, and they can provide customers with clear information about their policies and services. Customers have also reported that the team is responsive and helpful, making it easy to get the assistance they need.

Overall, Admiral Marine Yacht Insurance provides excellent service to its customers. The customer service team is friendly, responsive, and knowledgeable, and they are always ready to help customers with any questions or concerns they may have.

Professional Advice and Guidance

Admiral Marine Yacht Insurance offers professional advice and guidance to their customers. They understand that yacht owners have unique needs and concerns when it comes to insurance coverage. As such, they provide knowledgeable advice to help customers make informed decisions about their insurance policies.

Admiral Marine’s team of experts are well-versed in the intricacies of yacht insurance. They provide guidance on a wide range of topics, including policy coverage, deductibles, and claims procedures. They work closely with customers to ensure that they have the right level of coverage for their specific needs.

One of the key benefits of working with Admiral Marine is their personalised approach to insurance. They take the time to understand each customer’s unique situation and provide tailored advice accordingly. This means that customers can be confident that they are getting the coverage they need, without paying for unnecessary extras.

In addition to their knowledgeable advice, Admiral Marine also offers a range of resources to help customers make informed decisions about their insurance policies. These resources include online guides, calculators, and FAQs. Customers can access these resources at any time, making it easy to get the information they need when they need it.

Overall, Admiral Marine Yacht Insurance provides reliable and trustworthy advice and guidance to their customers. Their team of experts are knowledgeable and experienced, and they are committed to providing personalised service to each and every customer.

Efficiency and Communication

Admiral Marine Yacht Insurance is known for its efficient and prompt service. They understand that time is of the essence when it comes to yacht insurance, and they make sure that their clients receive a prompt response to their queries and claims.

Their communication channels are well-established, and they respond promptly to emails and phone calls. They have a team of knowledgeable and experienced professionals who are always ready to assist their clients. This ensures that their clients have a hassle-free experience when it comes to yacht insurance.

Admiral Marine Yacht Insurance also has a user-friendly online portal that allows their clients to manage their policies and claims conveniently. The portal is easy to navigate, and clients can access it from anywhere, at any time.

In addition to their online portal, Admiral Marine Yacht Insurance also sends regular updates to their clients via email. These updates include policy renewals, claim status updates, and other important information. This ensures that their clients are always up-to-date with their insurance policies.

Overall, Admiral Marine Yacht Insurance’s efficiency and communication are top-notch. They have a prompt response time, user-friendly online portal, and regular updates via email. This ensures that their clients have a hassle-free experience when it comes to yacht insurance.

Insurance for Different Types of Yachts

Admiral Marine Yacht Insurance offers coverage for a wide range of yachts, including sailboats, motorboats, and superyachts. They understand that different types of yachts have different needs, and they offer policies that can be tailored to meet those needs.

For example, if you own a Beneteau sailboat, Admiral Marine offers coverage that is specifically designed for this type of vessel. Their policies can include coverage for hull and machinery, personal accident, and third-party liability. They can also provide coverage for racing risks if you plan to participate in regattas.

If you own a Rustler yacht, Admiral Marine can provide coverage that includes all-risks hull and machinery insurance, personal accident insurance for crew and guests, and third-party liability insurance. They can also provide coverage for racing risks and transatlantic crossings.

For owners of Cornish Crabber yachts, Admiral Marine offers coverage that includes all-risks hull and machinery insurance, personal accident insurance for crew and guests, and third-party liability insurance. They can also provide coverage for racing risks and cruising in European waters.

No matter what type of yacht you own, Admiral Marine can provide coverage that is tailored to your specific needs. They offer flexible policies that can be adjusted to include additional coverage for things like tenders, personal effects, and more. With their comprehensive coverage and knowledgeable staff, you can rest assured that your yacht is protected in the event of an accident or other unforeseen event.

Coverage for Long Distance Voyages

Admiral Marine Yacht Insurance provides comprehensive coverage for long distance voyages, including trips to the Caribbean and world cruising club events such as the World ARC. The policy covers a wide range of risks, including damage to the yacht, third party liability, and personal accident cover for the crew.

Admiral Marine understands the unique challenges that come with long distance voyages, and their policies are tailored to meet the specific needs of yacht owners who are embarking on these types of journeys. The policy includes coverage for loss or damage to the yacht while it is in transit, as well as coverage for emergency medical expenses and repatriation.

In addition, Admiral Marine offers a range of optional extras that can be added to the policy to provide even greater protection. These include coverage for racing, regattas, and rallies, as well as coverage for personal effects and electronic equipment.

Yacht owners who are planning a long distance voyage can rest assured that they are in good hands with Admiral Marine Yacht Insurance. The company has a reputation for providing excellent customer service and for being knowledgeable about the unique risks and challenges that come with sailing in remote areas of the world.

Overall, Admiral Marine Yacht Insurance is an excellent choice for yacht owners who are planning long distance voyages. The policy provides comprehensive coverage for a wide range of risks, and the company has a reputation for being knowledgeable, neutral, and clear in their communication with customers.

Underwriting Process

When it comes to underwriting yacht insurance policies, Admiral Marine takes a thorough approach to ensure that their clients have the coverage they need. Underwriting is the process of assessing the risk of insuring a particular vessel and determining the premium that the client will pay for coverage.

Admiral Marine works with a panel of underwriters who have extensive experience in the marine insurance industry. These underwriters carefully evaluate each vessel and the risks associated with it. Factors that are taken into account include the age of the vessel, its condition, its intended use, and the experience of the owner and crew.

Admiral Marine’s underwriting process is designed to be as transparent as possible. They provide clients with clear and concise information about the risks associated with their vessel and the premium that they will pay for coverage. This allows clients to make informed decisions about the level of coverage that they need and the premium that they are willing to pay.

Overall, Admiral Marine’s underwriting process is designed to provide clients with the peace of mind that comes with knowing that their vessel is protected. By working with experienced underwriters and providing clear and transparent information to clients, Admiral Marine is able to offer comprehensive yacht insurance coverage that meets the unique needs of each client.

Renewal and Premiums

Admiral Marine Yacht Insurance makes it easy to renew your policy. They are committed to providing the best personal service and tailored terms, so they won’t automatically renew your policy. Instead, they will contact you about a month before your policy is due to expire with a new quote. This gives you the opportunity to review your policy and make any necessary adjustments.

When renewing your Admiral Marine Yacht Insurance policy, you can expect to receive a new quote that takes into account any changes to your boat or sailing plans. The quote will include all the coverage options available to you, along with the associated premiums. Admiral Marine Yacht Insurance offers competitive premiums, and they are committed to providing you with the best value for your money.

Premiums for Admiral Marine Yacht Insurance policies vary depending on a number of factors, including the type of boat, the age and experience of the operator, and the intended use of the boat. Admiral Marine Yacht Insurance offers a range of coverage options to suit your needs and budget. They will work with you to find the right coverage at the right price.

Overall, Admiral Marine Yacht Insurance is a trusted provider of yacht insurance. They offer a comprehensive range of coverage options, competitive premiums, and exceptional customer service. When it comes time to renew your policy, you can trust Admiral Marine Yacht Insurance to provide you with the coverage you need at a price you can afford.

Company Representatives

Admiral Marine Yacht Insurance prides itself on having knowledgeable and experienced representatives to assist their customers. Customers can expect to receive prompt and professional service from the company representatives. The company has a team of experts who are passionate about the marine industry and are well-equipped to handle any queries or concerns that customers may have.

One of the company representatives that customers may interact with is Cristelle. As a yacht insurance expert, Cristelle has a wealth of experience in the industry and is well-versed in the intricacies of marine insurance. Customers can rely on her to provide them with accurate and reliable information about the insurance policies offered by Admiral Marine.

Another representative that customers may interact with is Dave Andrews. Dave is a highly experienced marine insurance broker with over 30 years of experience in the industry. His expertise and knowledge of the industry make him a valuable asset to the company, and customers can expect to receive top-notch service from him.

Admiral Marine Yacht Insurance’s representatives are knowledgeable and confident in their ability to provide customers with the best possible service. They are dedicated to ensuring that customers receive the right insurance coverage for their needs and are always available to answer any questions or concerns that customers may have.

Surveying Process

When obtaining yacht insurance, it is often required to have a survey conducted on the vessel. The survey is performed by a qualified marine surveyor who inspects the vessel to determine its condition and value. The surveyor will provide a report that outlines any defects or issues found during the inspection.

The surveying process can be broken down into several steps. First, the surveyor will conduct an initial visual inspection of the vessel to determine its general condition. This includes examining the exterior of the vessel, including the hull, deck, and superstructure, as well as the interior of the vessel, including the cabin, galley, and heads.

Next, the surveyor will conduct a more detailed inspection of the vessel’s systems, including the electrical, plumbing, and mechanical systems. The surveyor will check for any defects or issues in these areas and provide recommendations for repairs or upgrades if necessary.

The surveyor will also inspect the vessel’s equipment, including safety equipment, navigation equipment, and communication equipment. The surveyor will ensure that all equipment is in good working order and meets the necessary safety standards.

Once the inspection is complete, the surveyor will provide a report that outlines any defects or issues found during the survey. The report will also provide an estimated value for the vessel based on its condition and market value.

Overall, the surveying process is an essential part of obtaining yacht insurance. It provides valuable information about the condition and value of the vessel, which is necessary for determining the appropriate insurance coverage. It is important to choose a qualified and experienced marine surveyor to ensure that the survey is conducted accurately and thoroughly.

Personalised Service

Admiral Marine Yacht Insurance is known for its exceptional customer service and personalised approach. They understand that every yacht owner has unique needs and requirements, and they strive to provide tailored insurance policies that meet those needs.

Their team of experienced insurance professionals takes the time to understand each client’s situation and provide customised solutions that fit their specific needs. They work closely with clients to identify potential risks and provide advice on how to mitigate them.

Admiral Marine Yacht Insurance offers a personal touch that sets them apart from other insurance providers. They provide a dedicated account manager who serves as a single point of contact for all insurance-related matters. This ensures that clients receive prompt and personalised service whenever they need it.

Their team is confident and knowledgeable, and they are always available to answer questions and provide guidance. Whether clients need to make a claim or simply have a question about their policy, Admiral Marine Yacht Insurance is always ready to help.

In addition to their exceptional customer service, Admiral Marine Yacht Insurance offers a range of benefits and features that provide peace of mind to yacht owners. These include:

• Comprehensive coverage for damage, loss, and liability
• Worldwide coverage for vessels of all sizes and types
• Flexible payment options to suit individual needs
• 24/7 emergency assistance and claims support

Overall, Admiral Marine Yacht Insurance provides a personalised service that caters to the unique needs of yacht owners. Their team of experienced professionals is always ready to provide guidance and support, ensuring that clients receive the best possible insurance coverage and service.

Final Thoughts

Admiral Marine Yacht Insurance is a comprehensive insurance service that offers coverage to boat owners and sailors around the world. Based on the reviews, it appears that Admiral Marine Yacht Insurance is highly recommended by its customers. The company has a reputation for providing excellent customer service, and many clients have reported that their claims were handled efficiently and professionally.

One of the standout features of Admiral Marine Yacht Insurance is its specialist schemes that are tailor-made to suit specific types of boats. For example, the Cornish Shrimper scheme is designed to provide coverage for Cornish Shrimper owners, and customers have reported that it offers excellent value for money.

Overall, Admiral Marine Yacht Insurance is a reliable and trustworthy insurance provider that is highly recommended by its customers. The company has a wealth of experience in the marine insurance industry, and its policies are designed to provide comprehensive coverage to boat owners and sailors around the world.

If you are in the market for yacht insurance, Admiral Marine is definitely worth considering. With its excellent customer service, specialist schemes, and competitive pricing, it is a top choice for boat owners and sailors who want peace of mind on the water.

Frequently Asked Questions

What types of boats does admiral marine insurance cover.

Admiral Marine Insurance covers a wide range of boats, including sailing yachts, motor boats, commercial boats, and bluewater cruisers. They specialize in providing insurance for boats based in the UK, Northern European waters, the Mediterranean, and the Caribbean, as well as bluewater cruisers undertaking long-distance voyages.

What is the average cost of yacht insurance with Admiral?

The cost of yacht insurance with Admiral Marine Insurance varies depending on a number of factors, including the type of boat, the cruising area, the value of the boat, and the level of coverage required. It is recommended to contact Admiral Marine Insurance directly for a quote.

What are the benefits of choosing Admiral for boat insurance?

Admiral Marine Insurance is a UK-based insurance company that specializes in yacht and boat insurance. They offer a range of coverage options tailored to the needs of individual boat owners, including comprehensive, third-party, and liability-only policies. Some of the benefits of choosing Admiral Marine Insurance include their expertise in the marine insurance industry, their competitive pricing, and their commitment to providing exceptional customer service.

What factors affect the cost of yacht insurance with Admiral?

The cost of yacht insurance with Admiral Marine Insurance is affected by a number of factors, including the type of boat, the cruising area, the value of the boat, the level of coverage required, and the owner’s boating experience and claims history. It is recommended to contact Admiral Marine Insurance directly for a quote.

How does Admiral Marine Insurance compare to other providers in terms of coverage?

Admiral Marine Insurance is a well-respected insurance provider in the marine industry, offering a range of coverage options tailored to the needs of individual boat owners. While it is always recommended to compare insurance providers before making a decision, Admiral Marine Insurance is known for their competitive pricing and exceptional customer service.

What is the claims process like with Admiral Marine Insurance?

The claims process with Admiral Marine Insurance is straightforward and designed to be as hassle-free as possible. In the event of a claim, boat owners should contact Admiral Marine Insurance as soon as possible to report the incident. A claims handler will be assigned to the case and will guide the boat owner through the claims process step-by-step, ensuring a quick and efficient resolution.

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Admiral Marine   Reviews

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Reviews 4.9.

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The renewal prompt was timely and the…

The renewal prompt was timely and the setting of this year's policy terms was promptly and efficiently done by zCristelle Paulley

Date of experience : January 13, 2024

Reply from Admiral Marine

Thank you for your lovely review, we are so glad you are happy with our service, Cristelle will be delighted with your comments!

Easy to contact and talk to

Easy to contact and talk to, good rates and good service.

Date of experience : December 14, 2023

Thank you for leaving us a 5-star review!

Great personal service

Great personal service, and backed it up by dealing promptly, efficiently and to our complete satisfaction with a recent high value claim following a lightning strike to our boat last summer. I can't speak highly enough. A++++++++++++++++++++++++++++++

Date of experience : April 17, 2023

Admiral Marine Yacht Insurance

I have been insured with Admiral Marine for most of the past twenty years. They understand boats and sailors and offer a comprehensive insurance service wherever your sailing takes you. We have crossed the Atlantic, cruised the Caribbean and the USA East Coast and are now pottering around the Cornish coast with their insurance cover.

Date of experience : May 05, 2023

Great service, good value marine insurance

Cristelle helped me to insure our new (to us) 44 year old boat, a SHE 36'. An old boat always has a few wrinkles and Cristelle made the process easy and straightforward. This is the second boat we have insured with Admiral Marine and I wouldn't go anywhere else. You get good value for money and an excellent, personal service. What more could you want from marine insurance?

Date of experience : July 02, 2022

Thank you for leaving such a kind review! Cristelle will be thrilled with your comments.

Damaged the keel of my trawler on a…

Damaged the keel of my trawler on a rock in Turkey. Had brilliant and quick response from Richard Chitty, the Claims Manager who got an English surveyor to visit with in a few days, and from then on assisted every step of the way with good guidance to fulfill the repair. Once this was done, the claim was settled straight away.

Date of experience : December 04, 2020

Thanks for your review, David. We're glad we could help in your time of need! We hope you'll be a client for many years.

We just insured our catamaran with…

We just insured our catamaran with Admiral Marine. It was the best quote we received with all of the Med included (some insurers make this over complicated) Dave was very helpful and got everything sorted for us in our tight timeframe. Would 100% recommend to insure your yacht.

Date of experience : December 17, 2021

Thank you for your review, Natasha! Dave will be happy to hear your comments.

Unbelievably good company

Unbelievably good company. The quality of the service was excellent and they paid out in a prompt and very reasonable way. Also, they helped with the problems of getting work done in a remote location in Greece after our yacht was struck by lightning. Cannot recommend them highly enough.

Date of experience : June 28, 2021

Thank you for your lovely comments, John. We are happy that we could help in you in your time of need!

I changed insurer.

I had been with my previous insurer for many years. Coming to renew this year there was a steep increase in the premium so I decided to check other insurers. Admiral were more competitive than my previous insurer yet the terms were almost identical. It was straightforward to complete the online form and then follow up via email exchanges and telephone to clarify arrangements. I gave four stars because I never give five - its just my way of trying to keep a lid on grade inflation.

Date of experience : February 24, 2021

We are delighted to hear that your experience with Admiral Marine was a positive one!

I have insured with Admiral for many…

I have insured with Admiral for many years. I made one claim when I caused damage to another boat and Admiral dealt with it entirely and promptly. I have recommended them to other people who have had great service all over the world, even when major hurricane damage has been caused to the boats of multiple policyholders

Date of experience : December 01, 2020

Thank you for your positive review, we really appreciate it!

The Customer comes first.

I have been dealing with Admiral Marine since 2005. They have always provide a polite, efficient and friendly service. What sets them above others is the trouble they take to understand and meet their customers’ needs.

Date of experience : February 01, 2023

Boat insurance

Persistent mails to provide a review. However, easily increased coverage for greater offshore range coverage at no extra cost. Cover is average price, not giving 5 as I have not made a claim and it is only such an event where the quality of an insurance company really comes through.

Date of experience : May 01, 2021

Thank you, Eric! We really appreciate you taking the time to leave us a review 😃.

I have been with Admiral for nearly 15…

I have been with Admiral for nearly 15 years. One big claim dealt with swiftly, efficiently and with great understanding. A great team giving first class service in every respect. I cannot recommend them highly enough.

Date of experience : October 06, 2020

Hi Hugh, We're so glad the Admiral team were able to provide you with the service you needed. We hope you'll be a client for many years to come!

Have always been very pleased with the…

Have always been very pleased with the excellent service provided by Dave Andrew of Admiral Marine. Have never made a claim but feel assured if I needed to claim it would be handled well. Appreciate the personal contact. Recommended!

Thank you for leaving us a review. We will be sure to pass your comments on to Dave!

Stress-free claims support

After a stressful trip to Scotland where we ran aground, Admiral marine's clear communication and prompt response made the process of repair much easier. Was easily the best experiance I have had with any insurance company of any kind, ever. A+

Date of experience : November 30, 2020

Hi Kit, we are glad that we could make your claim experience less stressful!

The process is simple

The process is simple, fill in the details of the vessel etc return and when the quote arrives, check the details, if it fits requirements pay the amount quoted, job done!!

Date of experience : July 27, 2023

Hi Janet, thank you for your 5-star review!

Returning to Admiral

We returned to Admiral after a short hiatus. As per our previous experience, the service was efficient, effective and met all our requirements. We would be hard pressed to choice another insurer over Admiral. Many thanks once again.

Date of experience : June 04, 2022

Thank you for your kind review!

No Nonsense Admiral Marine Insurance

Admiral Marine Insurance provided a competitive renewal quotation to existing customer. I had cause to make a claim the previous year which was settled swiftly and there was no penalty for doing so in this years premium. Good service at economic price. Just what you want.

Date of experience : February 22, 2021

Hi David, thank you very much for your kind review!

Have always had prompt and good service…

Have always had prompt and good service from Admiral Marine. Have never made a claim but my feeling is that I would be treated fairly if it ever did occur which I hope never happens.

Thanks for your review. We hope that you'll be a client for many years to come!

Proper service

Renewal has always been straightforward. A couple of years ago I had to make a claim and they were simply excellent. We were properly looked after. I would recommend without hesitation.

Date of experience : July 21, 2021

Thank you, Robin! Admiral Marine will be thrilled with your review.

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Yacht insurance

The marine insurance leader for over 45 years.

Find a Markel marine agent and get a free, no-obligation quote today.

If you love your yacht, you’ll love our insurance.

We’ve been the yacht insurance leader for over 45 years because we provide coverages that fit your yacht and your lifestyle. Markel yacht insurance can offer distinct advantages in coverage features, options, knowledge and experience.

Why do you need yacht insurance?

Whether you own a yacht or a houseboat, we understand it’s not a typical boat and shouldn’t be covered by a typical boat insurance policy. That’s where we come in—each Markel yacht insurance policy can be customized to fit your yacht, your needs, your budget and your style.

Still not sure?

Here’s a few of the potential advantages to insuring your yacht with us:.

More complete coverage than any other carrier at no additional cost.

Experienced yacht underwriters and marine claims specialists who provide prompt, responsive service.

Discounts and cost-effective coverage options to save you money.

Flexible payment options.

Save money by customizing your yacht insurance

Actual cash value coverage (ACV) Reduce your coverage to ACV, which factors in depreciation of your yacht should you have to file a claim.

Lay-up option We’ll discount your yacht insurance premium during the winter months when your yacht is not in use.

Higher deductibles If you can manage minor repairs to your boat on your own, selecting a higher deductible will reduce your premium.

Windstorm exclusion Live in an area that isn’t at risk for a hurricane? You may consider removing windstorm coverage from your policy.

Liability only Coverage in case you damage another yacht and/or person (doesn’t require a survey—even for older boats).

What we offer

We offer coverage for a variety of watercrafts over 26 feet in length, including:.

• Sport fishing boat

Our coverages can include:

• Coverage for your yacht
• Coverage for you
• Optional coverages

Hull and equipment insurance protection including:

• Protect and recover can cover reasonable costs incurred when trying to protect your yacht from further damage after an accident
• Consequential damage for non-wood yachts–normal wear and tear and deterioration is not typically covered under a yacht insurance policy. However, if your yacht suffers damage from fire, explosion, sinking or collision because of one of these conditions, you may be protected
• Ice and freezing damage coverage if you contracted with a commercial marina or repair facility
• Agreed value for total loss
• Deductible waived on most total losses
• No depreciation on most partial losses
• Automatic tender coverage

Windstorm extra expense If there is a named storm, watch or warning, we will share the expense with you to help protect your yacht before the storm makes landfall.

Personal effects coverage For all the “extras” you physically bring onto your yacht. (i.e., smart phone, camera, etc.)

Emergency towing and assistance Coverage for towing expenses if your yacht happens to get stuck in or out of the water, including the delivery of gas, oil and parts.

Rental reimbursement coverage Coverage for when your yacht is being repaired from a covered loss.

Uninsured boater Unfortunately, not all boaters on the water have insurance. This coverage helps protect you and your family members if you are injured in an accident caused by an uninsured boater. Coverage is automatically included if watercraft liability is purchased.

Pollution liability Pollution coverage helps protects you if you are held legally liable due to an oil pollution leak or spill.

Medical payments Coverage for injuries suffered during an accident on your yacht.

Paid crew (Jones Act) Protection for you if you are legally responsible for injuries to a paid captain or crew member while on your yacht.

Protection and indemnity Coverage in the event that you are responsible for injuries to another person, or damage to their boat or property. Wreck removal is included with purchase of hull coverage.

• Boat trailer coverage
• Boat lift and boat house coverage
• Fishing tournament reimbursement for fishing boats
• Fishing equipment protection
• Transit and storage coverage
• Trip coverage
• Trip interruption reimbursement
• Personal liability coverage if you live aboard your yacht

Frequently asked questions about yacht insurance

General questions.

How much coverage do I need? Each boat, person, location and situation is different. There isn't a good way to give a "ballpark" figure for how much coverage you need. It’s best to evaluate your comfortable level of risk when protecting your boat, assets and passengers. Your best option is to call our boat specialists at +1.800.236.2453 to discuss the best coverage for you.

Can I insure my yacht for liability only? Yes, we offer protection and indemnity (liability only) coverage to help protect you in case you are responsible for injuries to another person or damage to another boat or property. Many carriers do not offer liability-only policies for yachts, or if they do, require a survey. However, Markel’s protection and indemnity coverage does not require a survey, so you’re able to do what you love without worries out on the water.

Will my policy cover normal wear and tear of my yacht? Most insurance policies will not cover normal wear and tear of your yacht and the deterioration or the resulting damage. However, if your yacht is damaged from fire, explosion, sinking, collision or stranding, you may be protected under our consequential damage coverage.

Can I use my yacht for chartering? We know that sometimes yacht owners charter their yacht for sightseeing tours or even sport fishing to help offset some of the costs of owning a yacht. Markel offers an optional limited charter coverage for these situations provided the captain of the watercraft has a minimum of 2 years loss-free experience of yachting. Additional restrictions may apply.

I live on my yacht. Am I covered? Markel provides live aboard coverage. Be sure to disclose that you live aboard to your agent.

My yacht is in a corporation's name. Can I still insure it with Markel? Our yacht insurance policy can cover corporately titled boats for both personal use and client entertainment. We do require all corporately titled boats designate a designee of the watercraft. Contact your agent to learn more.

Do I need to insure my yacht in the winter? It may seem that since you don't use your yacht in the winter you don't need to insure it. This is a risky way of looking at insurance and one that we have seen cost far too many people far too much money. Your yacht is at risk for damages at all times of the year, not only when it's on the water. For example, if your yacht is placed in storage for the winter and is damaged, you will not have any assistance in paying for those repairs without an active insurance policy.

Do you cover unique boats? We offer coverage for various kinds of boats that other insurers may shy away from, including: high performance boats, airboats, hovercraft, etc. Not sure if your watercraft will be covered? Give us a call at +1.800.236.2453 to speak with one of our marine insurance specialists.

What kind of fishing equipment is covered? Your rods, reels and tackle are automatically covered under your personal effects coverage up to the limit purchased. If that coverage isn't sufficient, our fishing equipment coverage provides insurance protection at replacement cost. Please contact one of our marine insurance specialists at +1.800.236.2453 to find out more.

Claims questions

How do I file a claim? We understand that no one wants to file a claim. That's why we do everything we can to make the process as painless as possible. You can report your yacht insurance claim by calling our office at +1.800.236.2453 or submit your claim online and we'll take it from there.

How long will it take for my claim to be processed? We are committed to investigating, evaluating and resolving marine insurance claims in a timely manner.

Is there anything I can do to help speed up the claim process? Yes, you can help streamline the claims and settlement process and avoid delays by providing the following information when you file your claim:

• Policy number
• Date, time and location of loss or damage
• Description of loss or damage
• Digital photos (if possible)
• Phone number to reach you

Additional resources

Related articles.

From boat safety tips to breaking down yacht insurance, find the information, advice, and resources you’ll need all in one place.

Warrior Sailing

Markel is a proud supporter of Warrior Sailing, an organization dedicated to healing and strengthening the lives of veterans through sailing. Visit warriorsailing.org to learn about Warrior Sailing and how you can donate to the program so they can continue to help the lives of wounded veterans.

Related products

Specialized coverage designed specifically for boats 26 feet or less, such as pontoons, runabouts, fishing boats and more.

High performance boat

Insure your high performance watercraft with a high performing policy for all your specific needs.

Personal watercraft

Fit your budget and boating style with affordable and customizable coverage for your personal watercraft.

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• Personal Watercraft

Welcome to Admiralty Insurance Agency

Admiralty focuses exclusively on marine exposures and offers customized coverage for full marina operations, boat dealerships and individual boat owner’s coverage for hull and liability coverage and more. You can relax in the security of knowing that Admiralty will offer the most comprehensive products in the marketplace ranging from small watercraft to luxury yachts to large commercial vessels.

We specialize in insuring yachts and can include specialty coverages for crew and professional captains and broader liability coverage to handle this unique market. Our yacht policies are issued on an “Agreed Amount” basis which means there will be no depreciation in the value of the yacht in the event of a total loss.

Admiralty insurance has a wide variety of coverage options and programs available. We use highly competitive insurance companies, with sound financial standing that understand nautical concerns and are committed to the marine market. We are ready to work with your existing insurance agent to discuss your insurance needs and assure coordination of coverages.

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Yacht Insurance

Protect your superior watercraft with superior protection from Chubb.

Chubb has been a leading provider of yacht insurance for over 100 years, offering some of the most comprehensive policies available for private, pleasure watercrafts. Being on the water is an experience of peace, calm, and new adventures on the horizon. It’s an experience you want to protect. Our Masterpiece® Yacht insurance policy offers superior coverage for pleasure yachts 36 feet or greater in length. And for captained vessels 70 feet or greater in length and valued at $3 million or more, our  Masterpiece Yacht Preference policy has the specialty coverages you and your crew need.

Masterpiece® Yacht Policy Highlights

Agreed Value Coverage

We pay the entire agreed amount, with no deductible, for a total loss. With our Masterpiece Yacht Select policy, eligible vessels can receive Replacement Cost coverage up to 120%.

Liability Protection

Limits of coverage to suit your personal needs, including: legal defense costs, liability as required by the Oil Pollution Act of 1990, wreck removal, and Jones Act coverage for paid crew.

Replacement Cost Loss Settlement

Repair or replacement of covered property is paid for without deduction for depreciation for most partial losses.

Uninsured/Underinsured Boater Coverage

Pays for bodily injury to persons aboard the insured watercraft who are injured by an uninsured owner or operator of another vessel.

Medical Payments

Reasonable medical and related expenses are included for all those onboard, boarding or leaving the covered vessel. These benefits are provided on a per person basis, rather than per occurrence. Optional and customized limits are available.

Search & Rescue

Up to $10,000 for the expenses incurred by an insured in relation to a governmental unit such as the United States Coast Guard (USCG) who provide emergency aid and assistance are included for no additional charge. With our Masterpiece Yacht Select option, coverage is available up to $25,000.

Longshore and Harbor Workers’ Compensation Act (LHWCA)

When Liability coverage is purchased, coverage is automatically provided for those employed aboard the vessel who are within the jurisdiction of the LHWCA.

Personal Property & Fishing Equipment Coverage

Protection is automatically included for the clothing, personal effects and fishing gear of the boat owner and their guests. Optional higher limits are available.

Coverage for Marinas as Additional Insured

Marinas, yacht clubs and similar facilities where clients keep their vessels are included as Additional Insureds.

Trailer Coverage

We automatically include coverage up to $5,000 for your trailer used with your insured vessel. Higher limits are available.

Emergency Towing & Assistance

Our policy includes this coverage with optional higher limits available.

Boat Show & Demonstration Coverage

We automatically provide this coverage, at no additional charge.

Precautionary Measures

We will pay up to the policy limit the reasonable costs incurred to haul, fuel or dock the insured watercraft endangered by a covered peril.

Bottom Inspection

We will cover the reasonable costs to inspect the bottom of an insured vessel after grounding, stranding, or striking a submerged object. There is no deductible for this coverage.

Oil Pollution Act of 1990 (OPA) Coverage

If Liability coverage is purchased, our policy provides coverage in addition to the Liability limit, up to the required OPA statutory limits, regardless of the Liability limit chosen. Additionally, if the OPA statutory limit is increased in the future, our policy will automatically increase the applicable OPA limit to match the new higher statutory limits.

Temporary Substitute Watercraft

Up to $5,000 to charter a temporary substitute watercraft if the insured vessel is out of commission due to a covered loss and cannot be repaired within 72 hours. With our Masterpiece Yacht Select policy offering, the limit of Temporary Substitute Watercraft is increased to $10,000.

Marine Environmental Damage Coverage

This feature provides protection up to $10,000 for fines and penalties as a result of marine environmental damage, as defined by the policy terms. Coverage is provided in addition to the insured's applicable Liability and OPA limits. With our Masterpiece Yacht Select policy offering, the limit of Marine Environmental Damage Coverage is increased to $25,000.

57% of boating accidents happen on calm days with waves less than 6 inches.

Chubb offers some of the most comprehensive protection and services available rain or shine.

*Source: 2016 Recreational Boating Statistics, United States Coast Guard

Masterpiece Yacht Preference

Masterpiece Yacht Preference fulfills the specialty insurance needs of luxury yacht owners with captained vessels 70 feet in length and greater, valued at $3 million or more.

No depreciation applies on the following items

Machinery inside the hull, Personal Property, dingy/tender, and Personal Watercraft.

Emergency Towing Service

We include coverage up to the amount of Property Damage with no deductible.

The medical payments limit offered is on a per occurrence basis, and we will pay costs incurred up to three years from the date of occurrence.

Marina as Additional Insured

The marina, yacht club, or similar facility where the insured yacht is docked, moored, or stored is included as an Additional Insured.

Captain and Crew Coverage

Liability coverage is extended to the captain and crew members serving aboard the insured yacht.

Defense Costs

Defense costs are included in addition to the limit of liability and includes up to $50,000 loss of earnings.

Mooring or Slip Rental Agreement Waiver

When waiver of subrogation is required through a written contract by a yacht club, marina, or similar facility used for the purpose of storage or slip rental, our Masterpiece Yacht Preference policy will permit an insured to waive their rights of subrogation.

Masterpiece® Recreational Marine Insurance Brochure

Your client’s guide to watercraft protection. Make sure they’re protected, with the right coverage, so they can relax on and off the water.

Related Coverage

We provide exceptional boat insurance with tailored protection.

We help you stay ahead and informed with these helpful tips and tricks

12 safety tips for recreational boaters

As the weather warms up, many of us head to lakes, rivers, or the ocean to fish, waterski, cruise, and relax onboard a boat, yacht or other personal watercraft. 

Understanding boat insurance

A comprehensive guide to finding the right boat insurance coverage.

This information is descriptive only. All products may not be available in all jurisdictions. Coverage is subject to the language of the policies as issued.

Find an Agent

Speak to an independent agent about your insurance needs.

TechBullion

How to choose the right yacht insurance .

Owning a yacht is a significant investment that brings joy, adventure, and a sense of freedom on the open seas. However, ensuring that your vessel is adequately protected against unforeseen risks and liabilities is essential for safeguarding your investment and enjoying peace of mind while sailing. Choosing the right yacht insurance policy like from Admiral Marine requires careful consideration of various factors, including coverage options, policy terms, and insurance providers. Here are some tips to help you navigate the process and select the right yacht insurance coverage for your needs: 

• Assess Your Coverage Needs:
• Begin by assessing your coverage needs based on the size, value, and intended use of your yacht. Consider factors such as hull value, liability protection, personal property coverage, towing and assistance services, and any additional coverage options you may require. Evaluate your risk tolerance and financial exposure to determine the appropriate level of coverage for your vessel. 
• Understand Coverage Options:
• Familiarize yourself with the different types of coverage available in yacht insurance policies, including: 
• Hull Insurance: Covers physical damage to the yacht, including collisions, sinking, theft, and vandalism. 
• Liability Insurance: Protects against claims for bodily injury or property damage to third parties resulting from your yacht’s use. 
• Personal Property Coverage: Insures personal belongings, equipment, and accessories onboard the yacht against loss or damage. 
• Towing and Assistance: Provides coverage for emergency towing, salvage services, and assistance in case of breakdowns or accidents. 
• Pollution Liability: Covers costs associated with oil spills, fuel leaks, or other environmental damage caused by your yacht. 
• Compare Insurance Providers:
• Research and compare yacht insurance providers specializing in yacht insurance to find reputable companies with a track record of financial stability, customer service, and claims handling. Consider factors such as industry reputation, customer reviews, and insurance ratings when evaluating potential providers. 
• Review Policy Terms and Conditions:
• Carefully review the terms and conditions of yacht insurance policies to understand coverage limits, deductibles, exclusions, and policy endorsements. Pay attention to specific provisions related to navigation limits, cruising grounds, lay-up periods, and compliance with safety requirements to ensure that the policy meets your needs and expectations. 
• Consider Additional Coverage Options:
• Evaluate additional coverage options and endorsements offered by insurance providers to enhance your yacht insurance policy. These may include coverage for racing, chartering, extended navigation limits, named storm protection, and coverage for onboard electronics, tenders, and personal watercraft. 
• Seek Professional Advice:
• Consider seeking advice from insurance brokers, marine insurance specialists, or legal professionals with expertise in yacht insurance to help you navigate the complexities of insurance policies and make informed decisions. An experienced advisor can provide valuable insights, recommendations, and assistance in selecting the right coverage for your yacht. 
• Review and Update Your Policy Regularly:
• Regularly review and update your yacht insurance policy to ensure that it remains aligned with your evolving needs, vessel specifications, and cruising plans. Notify your insurance provider of any changes to your yacht, such as modifications, upgrades, or changes in ownership, and adjust your coverage accordingly. 

Conclusion   

In conclusion, choosing the right yacht insurance coverage requires careful consideration of your coverage needs, policy options, insurance providers, and expert advice. By assessing your risks, understanding your coverage options, and conducting thorough research, you can select a yacht insurance policy that provides the necessary protection and peace of mind for your maritime adventures. Remember to review your policy regularly, stay informed about changes in insurance regulations, and maintain open communication with your insurance provider to ensure ongoing protection for your cherished vessel . 

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How to Sell Yacht Insurance Amidst a Rising Tide

The market for yacht insurance has hardened in recent years, due to the frequency and severity of catastrophic (CAT) claims. Widespread losses incurred along the West Coast of Florida and the Atlantic Coast from Hurricane Ian in 2022, for example, resulted in more than $112 billion in damages. Because of catastrophes such as Ian, many watercraft insurance carriers – both admitted and non-admitted – have pulled out of the market in coastal areas.

For carriers that continue to provide coverage in hurricane-prone states, premium costs have doubled or tripled. The increased coverage costs and the difficulty in securing boat coverage has deterred some from purchasing them – but not all. Brokers today are challenged with securing coverage for their high-net-worth clients even in high-risk areas.

In this market segment, there are three tiers of coverage for high-end boats, based on cost and size of the boat:

• Top tier boats have values of $2 million or greater, are at least 65-feet long or larger and must have a full-time captain.
• Middle tier boats are valued between $350,000 and $2 million and are between 35-feet and 65-feet long and the owner-operator is typically the full-time captain.
• First tier boats cost up to $350,000 and are 15-feet to 35-feet long.

Incidentally, middle tier boats are the most difficult to secure coverage for, due to the number of high claims filed and the types of boats covered within this tier. Premiums can run comparatively higher than other tiers as a result.

What can brokers do to help their insureds?

Much of your focus when searching for yacht coverage for clients should begin with a discussion on the age of the craft. Advise your clients that older boats – especially those 10 years and older – are more costly to cover and are harder to insure.

Here are six tips to help guide brokers as they advise boat-owning clients on how to mitigate risk and secure coverage.

• Don’t jump ship.

Sometimes the purchase of a larger or more expensive boat can make obtaining coverage difficult. If a client considers upgrading from a 25-foot craft to a 40-foot one, for example, it’s prudent for you to let them know that they will need a captain’s sign off and premium costs will increase. That is, if the carrier accepts the risk in the first place.

• Be proactive about obtaining insurance.

Advise clients to start looking for insurance the day they begin shopping for a boat. Other than first-tier purchases, same day quote-and-bind processes are a thing of the past. Securing coverage for middle- and top-tier crafts can now take up to a week.

In addition, inform boat owners that many insurers require them to hire a captain for 50 hours of training if piloting a craft larger than 10 feet to 12 feet in size, or depending on the size of the boat, they may have to hire a full-time captain to place coverage.

• Have a hurricane plan in place.

Most carriers require boat owners have a plan should a hurricane occur. Advise owners they may have to move their boats inland or to a facility that’s rated to withstand hurricanes. If domiciled in a hurricane-prone state, owners may have to store their boats in a CAT-4 or CAT-5 rated facility when not in use.

• Don’t be an absentee owner.

Advise clients about the perils associated with absentee ownership. Clients who live in a state other than where the boat is stored are considered absentee owners. In the current market, this significantly limits the number of carriers that will actually extend coverage to out-of-state boat owners.

• Stay mindful of wind coverages and exclusions.

In the past year or so, carriers have begun to exclude some wind coverage; an exclusion that applies to named hurricanes or tropical storms. In the case of routine storms, wind coverage does apply. Marine coverage is not needed for those without bank loans. However, financing boat purchases will require owners to carry wind coverage and proof of such protection before closing.

• Maintenance matters more than ever.

Inform clients that regular maintenance is imperative for reducing risk and should be considered a part of their insurance strategy. Scheduled oil changes are vital but inboard motors require a closer inspection of parts such as impellers. A worn impeller can cause overheating and a failure to follow scheduled maintenance requirements can result in a denied claim. Along similar lines, fire and safety equipment should be evaluated to ensure those systems are in proper working order.

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Written By Josh Giordano

Giordano is a yacht insurance specialist and advisor for HUB Private Client.

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• Go Inside the Blue Angels with a New Documentary from Glen Powell and JJ Abrams

The U.S. Navy 's premier aeronautical acrobatical demonstration team known as the Blue Angels has been wowing air-show audiences around the world for nearly 80 years. But for viewers at home, Amazon MGM new documentary "The Blue Angels" provides an inside look at more than the squad's Boeing F/A-18 Super Hornet s -- it reveals what it takes to get behind the stick of those vaunted flying machines.

Filmed in IMAX, the new documentary from producers JJ Abrams ("Lost") and Glen Powell ("Top Gun: Maverick") perfectly captures the up-close aerial choreography of the U.S. Navy Flight Demonstration Squadron, offering a cockpit view of the Angels' precision flying. We also meet the daring Navy and Marine Corps aviators who want to wear the distinctive blue and gold uniforms and find out what it takes to be part of one of the U.S. military's most elite demonstration teams.

Even for seasoned fighter pilots, becoming one of the Blue Angels is not an easy goal to meet, and things don't get any easier after you finally make the team. Following a painstaking selection process, the naval aviators undergo a rigorous physical and flight training regimen, one they continue for the entirety of an eight-month show season. Between March and November, the team travels across the United States and Canada to perform for an estimated 11 million people annually.

The Blue Angels were first formed in the 1940s at the behest of Adm. Chester Nimitz. The idea, according to Roy "Butch" Voris, founder of the Flight Demonstration Squadron , was to take the kind of flying that aviators were expected to do high in the sky and bring it down to where the American public (and future naval aviators) could see it.

Their first performance, flying in Grumman F6F-5 Hellcats, came at Naval Air Station Jacksonville in Florida on June 15, 1946. The audience was the Navy brass, specifically Nimitz himself. The admiral's response upon seeing them in action for the first time likely echoes those of the millions who have seen the Blue Angels since.

"You crazy sumbitches," Adm. Nimitz reportedly said. "You're gonna kill yourselves. But it's a great show."

For those who have never seen the Blue Angels in action, Adm. Nimitz was right: It is a great show. Viewers can see the Blue Angels' 2024 show schedule on the team's official website .

If they're not coming to an air show near you, you can still watch "The Blue Angels," exclusively in IMAX theaters for one-week only, beginning Friday, May 17, and streaming globally on Prime Video beginning Thursday, May 23, 2024.

Keep Up With the Best in Military Entertainment

Whether you're looking for news and entertainment, thinking of joining the military or keeping up with military life and benefits, Military.com has you covered. Subscribe to the Military.com newsletter to have military news, updates and resources delivered straight to your inbox.

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Accommodations in Moscow near Red square (Moscow, Russia)

• Hotel Baltschug Kempinski Moscow

Admiral Yacht Club

• Hotel Four Seasons Moscow

Capital House

• Popular choice
• Hotel Metropol

• Hotel Matreshka Hostel

Ararat Park Moscow

• Mirros Hotel Moscow Kremlin

• Hotel Savoy Moscow

The prices and availability we receive from booking sites change constantly. This means you may not always find the exact same offer you saw on trivago when you land on the booking site.

Red square (Moscow, Russia)

• Find the ideal hotel in the area
• Compare prices from different websites
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Hotels near Red square

• Hotel Kamergersky

Kyznetskiy Inn

• D'Hotel on Tverskaya

People Red Square

More Top Hotels

• Azimut Hotel Olympic Moscow
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• Mamaison All Suites Spa Hotel Pokrovka
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• Hotel ibis Moscow Paveletskaya
• Hotel ibis Moscow Centre Bakhrushina
• Hotel Holiday Inn Moscow - Lesnaya
• Hotel Ararat Park Moscow
• Hotel Izmailovo Delta
• Hotel Vinterfell Na Baumanskoy
• Hotel Courtyard by Marriott Moscow Paveletskaya
• Hotel Ibis Oktjabrskoe Pole
• Hotel Mandarin Moscow
• Hotel Borodino
• Hotel Admiral Yacht Club
• Hotel Dinasty S
• Hotel Capital House
• Hotel Seven Hills Lubyanka
• Hotel Four Squares Okhotny Ryad
• Hotel Mini-Otiel Tvierskaia 5
• Hotel D-Otel Tverskaia
• Hotel People Red Square
• Hotel Savoy
• Hotel Megapolis
• Hotel Kvart Apartments Tverskaya
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• Aparthotel Adagio Moscow Paveletskaya
• Hotel Privet
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• Hotel Starosadskiy
• Hotel Marsel
• Hotel Na Krasnoy Presne
• Hotel Domotel
• Hotel Holiday Inn Moscow - Tagansky
• Hotel Mini Magna (Paradise) Kitay-Gorod
• Yaroslavskaya Hotel
• Bliss Boutique Hotel

More Points of Interest - Red square

• International Airport Sheremetyevo
• Conference and Exhibition Investments and Business in Dubai 2015
• Moscow-City
• Moscow Kremlin
• International Airport Domodedovo
• Okolo - the Theater Near the Stanislavsky House
• International Airport Vnukovo
• Arbat street
• Meshchansky
• Belorussky railway station
• Manor P.A. Rumyantseva-zagunayskogo
• Crocus Expo
• Bolshoi Theatre
• Paveletsky station
• Moscow metro
• Kiyevsky railway station
• Kazansky railway station
• Yasnaya Polyana
• House R. Herman
• Zamoskvorechye
• Luzhniki Olympic Complex
• Krasnaya Presnya
• Yaroslavsky station
• Saint Basil's Cathedral
• Leningradsky railway station
• Sokolniki Exhibition
• Arena Khimki
• Gallery of 19th and 20th century European and American Art
• Kursky station
• Kitay-gorod
• Krasnoselsky
• Lomonosov Moscow State University
• All-Russian Exhibition Centre
• Museum of Federal Security Service of the Russian Federation
• Assumption Cathedral
• Bust monument V. N. Khitrovo
• Kolomenskoye
• Kazan Cathedral
• Trans-Siberian
• Ploshchad Revolyutsii
• Manezhnaya Square
• The International Aviation and Space salon MAKS
• Moscow International Photobiennale
• Moscow International Automobile Salon
• Vorobyovy Gory
• Teatralnaya
• Alexandrovskiy Sad
• Okhotny Ryad
• Biblioteka Imeni Lenina
• House-Museum K. S. Melnikov
• Pyatnitskaya Street
• Yuzhnoye Medvedkovo
• Fili-Davydkovo
• Biryulyovo Zapadnoye
• Savyolovsky
• Nagatinsky zaton
• Puppet Theatre for Children

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Admiral Moscow

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Admiral Moscow, Guide & Review

Admiral nightclub is the best venue to head to while at Moscow , Russia. Admiral nightclub opens 7 days a week from 9:00pm to 5:00am. Decorated in classic style, rooms are air-conditioned, and feature satellite TV. Private bathrooms are fitted with a shower and free toiletries. Located in Gribki village, 7 km from Moscow city, this hotel comes with an outdoor seasonal swimming pool, steam bath and private beach area. It features a children’s playground and BBQ facilities.

Klub Admiral bus stop is a minute walk from Admiral Yacht Club. Vodniki Train Station is 2 km away. A shuttle to Moscow Sheremetyevo Airport (9 km) is available on request.

Guests can enjoy Russian and European cuisine in the on-site restaurants, or relax at the bar.

We had a great rest in the club with friends! Incendiary and cheerful atmosphere, amazing youth music, variety of drinks! The most important thing for a great holiday!

Decent prices, soulful and enchanting atmosphere and incredibly professional and talented dancers. Bravo!

Complimentary amenities and services are available to make your travel more productive and relaxing.

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