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We have access to several carriers who can insure yachts across the world, but coverage applies only to specified waters you declare for the policy term. Your policy includes a navigation warranty that lists the approved cruising areas and dates, and coverage is limited to those areas.

Yes, if the insurer approves an endorsement before you sail beyond the current limits. You can submit an updated itinerary with regions and dates, along with any requested details on captain experience, crew, safety gear, and storm plans. Pricing or terms may be adjusted.

Policies often restrict or exclude war and sanction zones, areas with elevated piracy risk, and certain passages without prior approval. Many carriers also set distance offshore limits, require a named storm plan in hurricane seasons, and expect compliance with local port and customs rules.

Not exactly — even “worldwide” coverage requires declared operating zones. Carriers rarely insure unrestricted global navigation because risk varies by region. Instead, you can obtain multi-region coverage, where each approved area (like the Caribbean or Mediterranean) is listed in your navigation limits.

Yes, P&I can be structured to include temporary crew, charter guests, and maintenance contractors while on board. You’ll need to disclose these exposures to the underwriter, who may endorse the policy with appropriate guest liability or charter-use provisions.

What is Protection & Indemnity Insurance?

We provide Protection & Indemnity (P&I) coverage tailored for luxury and high-value yachts, designed to address the real-world liabilities that come with vessel ownership and operation. This third-party liability is important to protect yacht owners, crew, and guests that board the vessel. Liability coverage safeguards against the financial consequences of third-party bodily injury, loss of life, or property damage arising from the ownership or operation of your yacht. P&I insurance can also extend to crew injury coverage, pollution liability, and wreck removal, helping owners remain compliant with international maritime regulations. Whether your yacht operates locally or on worldwide navigation limits, our policies are tailored to meet the unique risks of private yachts, superyachts, and charter operations alike.

High-value yacht P&I policies go beyond standard marine liability by incorporating specialized clauses for legal defense costs, passenger injury, and salvage or towage liability. Many policies also include protection for damage caused by tenders or watercraft, maritime fines, and environmental cleanup expenses. Given the sophistication and operational range of luxury vessels, underwriters carefully evaluate crew size, onboard safety protocols, and regional exposures to craft a custom yacht insurance program that ensures true peace of mind. With Casey Insurance, every high-value yacht owner gains the confidence of knowing they are protected against unforeseen liabilities — anywhere in the world.

How is liability coverage different for high-value vessels?

High-value yacht P&I coverage protects owners against bodily injury, property damage, and loss of life claims involving guests, crew, or other third parties. This coverage also extends to legal defense costs and settlements, ensuring owners are financially protected in the event of accidents both on and off the vessel.

Luxury yacht owners benefit from environmental liability coverage, including pollution discharge, fuel spills, and wreck removal expenses required under maritime law. These protections help maintain compliance with international regulations while preventing costly penalties or cleanup expenses that can arise from unforeseen incidents.

High-value P&I policies include crew injury and employer’s liability protection, covering medical costs, lost wages, and repatriation. Coverage can also extend to passengers, guests, and contractors aboard the vessel, ensuring comprehensive protection for everyone involved in yacht operations.

High-value P&I programs are underwritten by experienced marine specialists who understand the global operational range of superyachts. Policies are tailored to meet worldwide navigation requirements, offering legal representation and claims management wherever the yacht sails — from U.S. waters to international destinations.

1. Comprehensive Third-Party Liability

High-value yacht P&I coverage protects owners against bodily injury, property damage, and loss of life claims involving guests, crew, or other third parties. This coverage also extends to legal defense costs and settlements, ensuring owners are financially protected in the event of accidents both on and off the vessel.

2. Pollution and Wreck Removal Protection

Luxury yacht owners benefit from environmental liability coverage, including pollution discharge, fuel spills, and wreck removal expenses required under maritime law. These protections help maintain compliance with international regulations while preventing costly penalties or cleanup expenses that can arise from unforeseen incidents.

3. Crew and Passenger Injury Coverage

High-value P&I policies include crew injury and employer’s liability protection, covering medical costs, lost wages, and repatriation. Coverage can also extend to passengers, guests, and contractors aboard the vessel, ensuring comprehensive protection for everyone involved in yacht operations.

4. Legal Defense and Worldwide Protection

High-value P&I programs are underwritten by experienced marine specialists who understand the global operational range of superyachts. Policies are tailored to meet worldwide navigation requirements, offering legal representation and claims management wherever the yacht sails — from U.S. waters to international destinations.

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Phone

+1 (888) 537-1412

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Motor Yachts
Luxury motor yacht insurance protects high-end vessels designed for extended cruising, entertaining, or private expeditions. Coverage includes hull protection, liability, theft, and machinery damage. Policies are crafted for premium luxury yachts, ensuring dependable protection for owners seeking performance, comfort, and prestige on the water.
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Sailing Yachts
Sailing yacht insurance provides protection for hull damage, liability, and passenger injuries. From coastal cruising to blue-water passages, policies are tailored to each vessel’s rig, range, and equipment. Safeguard your yacht from storms, collisions, and theft while experiencing the unmatched freedom, skill, and adventure that define the art of sailing.
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Catamarans
Catamaran insurance addresses unique twin-hull risks like bridge-deck slamming, capsize exposure, and equipment strain from heavy seas. Coverage protects against liability, collisions, storm damage, and theft. Policies ensure reliable marine insurance for owners using catamarans for cruising, liveaboard lifestyles, or charter operations.
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