Owning a yacht can require a lot of upkeep. Unfortunately, you can’t predict what might happen when you are out on the water. For instance, a storm could cause significant damage to your yacht. If you didn’t have any insurance, then you would be paying for the damages on your own. Here are a few benefits of having California yacht insurance.

Protects Your Yacht

The main purpose of yacht insurance is to protect your boat from a variety of hazards. Most policies include coverage in the event that an uninsured boater hits your yacht causing damage. This is important since the number of uninsured boaters seems to be increasing.

Protects You

Another benefit of yacht insurance is that it can protect you in the event that you are found responsible for the injuries of other passengers or resulting damages to their boat. The cost of damage and medical fees could be crippling without an insurance policy.

As you can see, there are several key benefits of California yacht insurance that you may want to consider. A strong insurance policy can be a great way to protect your investment into a yacht. Just remember that the insurance coverage can protect you as well. In the end, you should do what is best for you and your yacht.