YACHT & WATERCRAFT

Insurance That Follows the Water.

From the Great Lakes to coastal waters to international cruising, BCU advises on yacht and watercraft coverage that understands where the boat goes and who is on it.

Vessels, Crew, and Everything That Travels With Them.

A yacht is a moving asset. That movement is what makes the insurance coverage complicated. Navigation territory affects every part of the policy, from hull coverage to liability to crew. A vessel insured for lake use is not insured the moment it goes into coastal waters. A vessel insured for coastal cruising may not be covered in international waters at all.

BCU works with marine specialist carriers to build programs that anticipate how the owner actually uses the boat, not where it happens to be sitting at the moment the policy is written.

What a BCU yacht and watercraft program addresses

• Yachts, powerboats, sailboats, and recreational watercraft of all sizes
• Navigation territory coverage from the Great Lakes to coastal waters to international cruising
• Hull coverage, agreed value, and total loss terms
• Personal injury and watercraft liability layered with the broader excess liability program
• Crew coverage and employment practices for owners with paid crew
• Seasonal laid-up periods, storage, and winterization coverage
• Tenders, jet skis, and auxiliary craft coordinated with the main vessel policy
  

For Owners Who Take Their Vessels Seriously.

BCU works with owners of every kind of recreational vessel, from small powerboats used on inland lakes to larger yachts cruising international waters. The common thread is that the owner wants coverage built around how they actually use the boat.

Typical BCU yacht and watercraft clients include

• Owners of larger yachts with permanent or seasonal crew
• Powerboat and sailboat owners cruising coastal waters
• Great Lakes vessel owners with seasonal navigation patterns
• Owners of multiple vessels across different locations
• Clients who travel with their vessels internationally
  

Marine Coverage Is a Specialty Within a Specialty.

Review

We review current marine policies, navigation clauses, and crew coverage against actual usage patterns. Clients are often surprised where the coverage ends.

Design

We work with marine specialist carriers to structure coverage that matches the vessel, the crew, and the waters the owner actually cruises.

Advocate

Marine claims can involve salvage, crew issues, and international jurisdiction. BCU coordinates the process from the first call forward.

Related Practice Groups

Where Does Your Coverage Actually End?

Most vessel owners do not know where their navigation clause stops. A BCU review can give you a clear answer and, if needed, a better program.