United Yacht Sales Weblog

Author: Brooke Hayles

Here is a true story of a dream gone badly. Owning the Ranger Z22 Comanche Bass yacht was a long cherished dream for them. They saved and envisioned the day they would be the proud owners of it. Finally after many years, that day came. They bought the yacht of their dreams, all 22 feet, 300 horsepower of happiness. They were anxious to go to Lake Sinclair in Georgia to christen their new yacht, but they knew the needed to take care of a very important matter first, yacht insurance. They wanted to protect this dream and themselves from harm.

Their local yacht insurance agent stated they needed guest passenger liability, property damage, bodily injury, theft, medical payment coverage along with coverage for physical loss. Now he is the yacht insurance expert so no need to question, right? Well turns out they should not have been in such a hurry to enjoy their new yacht and taken some extra time out to protect it.

Taking solace in the fact their life long dream was protected from damage or accidents, they proceeded to enjoy the dream that had turned into a reality. A rude awakening was about to happen. They lived near the ocean in Georgia. Severe storms are not common in the early summer months, but the ones that do occur are very severe and damaging. They found themselves hit by a powerful hurricane. Their dreamyacht, the cover, trailer, and other equipment were all destroyed. They called their yacht insurance agent and their world turned upside down. They found out after many unanswered phone calls and a visit that they did not have the coverage that they needed to replace their lost dream.

Now after experiencing the fury of a hurricane and the loss of a yacht, they came face to face with the reality that a dream was lost and no hope of immediate recovery or for that matter recovery in the near future. Their yacht insurance provider did not advise them about an option of ‘natural disaster coverage’. This coverage was not standard with the company they chose. Then to top it off, they found out that nothing else was covered. The trailer, cover, fishing equipment, and other articles in the yacht were also lost for good. This was also an optional coverage, and again was not mentioned or suggested.

The reason that we bring this story to your attention is to point out the importance of researching yacht insurance policies and brokers. Even after you chose a broker, you need to discuss all the details of a policy to assure that your dream does not become a nightmare. By taking the necessary steps and finding a top yacht insurance agent, you could possibly save money. Some will offer discounts for taking safe yachting courses, if it has, a diesel engine could be some savings as well.

A few things that are essential, to completely protect your prized yacht. You want to have a yacht insurance coverage that will provide wreck and emergency removal services. Be sure it covers your equipment, motor, trailer, and of course the yacht. Also, be sure of natural disaster coverage no matter where you live. All areas of the country have natural disasters like floods, fire, hail, tornados, lightening and windstorms. You also want to be sure you are covered for acts of vandalism or explosions

Author: Paul MacIver

A yacht makes any owner proud. One can rule the ocean with ones own yacht. Commanding a yacht transforms man to pass as the ruler of the high seas and terrible winds. yachts have caught the fancy of man since time immemorial. Possessing a yacht however, is costly and has its own perils. yachts are an expensive asset, and they need to be protected. yacht insurance is one such method to protect you as the owner from damage or loss.

Constituents of yacht Insurance:

Yacht insurance has two major components; the first one being Legal Responsibility/Security and Insurance, and the second being Property Loss. The insured sum is based either on Actual Cash Value or on the Sum Agreed Over.

A yacht insurance policy is based on the agreed value; there is a certain amount of money printed in the policy, which is the sum compensated in the case of a complete loss. Limited damages are provided at new prices, implying that there is no reduction imposed, apart from high wear matter like sails and some machinery. This is the costly form of insurance. An authentic cash value policy is one where if your yacht is lost completely, you will get the existing market price, without any deductible and suitable reduction for the age and state of your yacht during loss.

Finding an Insurer:

Finding a yacht insurer online is extremely easy, with many insurers vying for this market. If you as the yacht owner are already familiar with a trustworthy company, then you can just visit the company’s website and buy the insurance online. If you go for online insurance, you may get some discounts as well, especially if you choose to enroll for seamanship training through the Coast Guard classes, or membership in one of the U.S. Power Squadrons groups throughout the country.

A yacht insurance policy offers broad navigational limits when a trip to distant ports is on the cards. The agreed or cash value of your yacht is covered, along with rig coverage, scheduled tenders, and outboards. Most states require at least the watercraft liability insurance coverage for every yacht. An insurance agent can usually help you out with all the necessary legal requirements and insurances. Once you get the required cover, you may buy more as per your convenience or requirement.

Since medical expense due to any yacht accident maybe very high, it is wise to buy medical coverage also. Then there is an insurance cover against uninsured yachts. This means that if you are hit by an uninsured yacht, you will still be able to get compensation for replacing the yacht or getting medical treatment.

yachts are great assets, but without proper insurance, they can be quite hazardous to own and sail in.

Most insurers have websites as well as offices. You can just simply click and buy any policy you require, or you can visit the office to speak and discuss with the insurance agents. These agents can assist in fulfilling the legal requirements of insuring your yacht as well.

Do you want to buy a yacht?
You have come to the right place: United Yacht offers catamarans, trimarans, power boats, sailing boats, monohulls, mulithulls, superyachts and boat shares for sale.

New and used boats are for sale by yacht brokers and private sellers from around the globe. Boat listings are updated by the seller making United Yacht the up-to-date source of information for the boat buyer. With inventory info and lots of photos, United Yacht is the best referenced boat sales site on the net according to our viewers. If you can’t find the boat you’re looking for you, we suggest you make use of Boats Wanted.

United Yacht Sales is one of, if not the largest Yacht Brokerage firms in the United States. We are pure Brokers. United’s policy is to not dilute our services by stocking new boats as our Brokers are tasked solely with placing Buyer and Sellers together.

Author: Willie Jones

Yachting is a great adventure on any type of yacht and is being enjoyed by many on a daily basis, but with that comes a great responsibility. It is not mandatory to do a yachting course at this time but there are some very good reasons to get your self informed about the rules of the road.

1) You will learn about safety equipment and what you are required to have on your yacht before you undertake any yachting excursion. This is very important because what you don’t have with you could make the difference between being able to handle a situation or not. Also, that outing for the day could cost you if the sheriff stops you to spot check your yacht and fines you for not having all the safety equipment required for your specific yacht.

2) You will learn that driving a yacht is vastly different from driving a car. You are dealing with air and water currents. If you have never docked a yacht you may think that it is easy, until that is, the current is pulling you in the opposite direction that you want to go. Understanding air and water currents will help you learn how to dock your yacht.

3) Knowing how to work with lines and tying knots is part of yachting. You have to be able to secure a yacht properly. If your yacht gets away, it is amazing how quickly the current will take it out of your reach and you will probably require the assistance of another yachter to help you get to it. So learn your knots.

4) You will learn what the channel markers mean. We learned the hard way the first time we went out on a yacht and ran aground outside the markers. We also had no clue what the red and green markers meant on the poles. This you also learn on the course.

5) There are speed limits on certain water ways but unlike the roads, they may or may not be posted. Ignorance may not be enough to get you out of a ticket.

6) Using charts for coastal navigation can be a life saver. It’s your road map that helps you stay away from the shallows and shows where all the markers and bridges are, and by using measurements you can calculate the distance and time it will take to get somewhere. It can be valuable tool for navigation.

7) Just like on the roads, there is the right of way. On a yachting course you will learn who has the right of way and why.

Every yacht should have a horn. You may hear one long toot or 2 short toot and so on, and you’ll learn what they mean.

9) There are yachting regulations and laws that must be followed by all yachters, for example, (and I have seen this rule broken so many times) you are not allowed to sit on the bow of the yacht with your feet hanging over board. There are many more regulations to learn and not knowing them can cost you.

10) Anchoring a yacht is not just a matter of plopping it down to the sand. There is a mathematical technique applied to anchoring that has to do with the size and length of your yacht. Knowing how to do this correctly will give you that extra insurance of knowing your yacht is going nowhere until you want to move it.