Spent about two weeks shopping for coverage for our boat before the season. Lesson one: a low premium usually hides a pile of exclusions. Check agreed value vs actual cash value — on an ACV policy, depreciation eats the payout after a total loss. For an older hull, be ready for the insurer to ask for a recent survey. The hard part is the policy wording, so I found a clear breakdown here: [url=https://yacht-insurance.net]yacht insurance[/url] — it covers the main policy terms in plain English. Then check the navigation limits: going past the listed waters can get a claim denied. In hurricane country, the named storm deductible is usually a percentage of hull value, not a flat amount. Pay attention to liability limits — wreck removal and damage to other boats can cost more than the boat itself. Get at least three quotes and go through the exclusions before you sign.