LOUNGE - YACHTS
Red Shield Insurance Company is responding to the changing course of the Yacht Insurance marketplace.
Our policies have been designed to give the boat owner a combination of insurance protections and can be customized to offer broad coverage with enhancements to fit individual needs. You can chart your own course and navigate our policies easily. You have the convenience of local underwriters and claims experts.
With experience and quality products behind us, Red Shield Insurance Company is here to assist you with your Yacht Insurance needs.
Eligibilities:
- Private Pleasure Yachts
- Individual, LLC Yachts
- Maximum Hull Limit $500,000 up to $1.5mil By Exception
- Eligible Size: 27 feet up to 65 feet
- Liability Limits to $1,000,000
- Owner must have 3 years experience
- Marine Survey required for all vessels over 10 years of age
- Minimum Premium $500
- Minimum Deductible 1%
Coverages Include:
- All Risk Policy
- Liability for Bodily Injury and Property Damage
- Agreed Value
- Commercial Towing
- Salvage, Sue and Labor
- Pollution
- Consequential Loss
- Environment Fines and Penalties
- Underinsured / Uninsured Boats
- Water Borne Animals Coverage
- Jones Act – General Maritime Liabilities
Optional Coverages Available
- Overland Transit
- Scheduled Tenders
- Special Trips
- Live Aboard Endorsement
Eligibilities:
- Individual or Corporate Owned Yachts (Pleasure Use)
- Maximum Hull Limit $1.5mil
- Eligible Size: 27 feet up to 70 feet
- Liability Limits to $1,000,000
- 3 years related operator experience
- Yachts under 15 years old
- Minimum Premium $500
- Minimum Deductible 1%
A current, out-of-water, accredited marine survey is required to write all vessels over 10 years of age.
Coverages include all the Yacht Shield coverages plus many more including:
- Social Media Coverage
- Fine Arts
- Navigational Electronics at reduced deductible
The information and descriptions provided on this website are neither intended to be comprehensive or applicable to every insurance product or service offered by Red Shield Insurance Company, nor intended to be taken as advice with respect to an individual situation, and should not be relied upon as such.
Red Shield Insurance Company makes no representations or warranties that the content and materials in this website are complete, timely, reliable, free from errors, mistakes or inaccuracies, or are suitable for your needs; nor warrant that this website is compatible with your equipment, or is free of viruses, worms or other destructive features. Red Shield Insurance Company assumes no responsibility or liability for any injury or damages arising from any such destructive feature, or in connection with any error, omission, defect or failure in performance, interruption, delay in availability, operation or transmission of this website; nor for damage to your computer equipment or other property as a result of your access to, use of, downloading from or browsing this website.