The Yacht Secure policy


If you have a yacht longer than 26', the Yacht Secure policy provides superior protection and a broad menu of coverages:

Types of Coverage
Liability (Protection and Indemnity) protects your assets when you or someone who borrows your boat causes damage, injury or death while using the boat. It also covers fuel spill liability, wreck removal, claim or lawsuit defense expenses, appeal bond and, in some cases, damage incurred on a yacht you borrow. It also pays for injuries caused by uninsured boaters and limited incidental crew coverage.

	Damage covers accidental damage to your boat, sails, motor or other related equipment, including damage caused by launching or hauling, fire, lightning, explosion and striking underwater objects. It covers machinery up to seven years old without depreciation. Other machinery is paid for according to a depreciation schedule. It also covers salvage costs.
	Theft pays the depreciated value of a stolen boat if it cannot be recovered or pays for damages caused by Error 500: com.farmers.farmcomm.navigation.DynamicNavigation (initialization failure)