Insurance

Insurance Services

Newcoast Insurance Services

Boat and Yacht Insurance can be tricky. Newcoast Insurance and Captains Market have the expertise and experience to design your perfect protection plan.

Newcoast insurance specialists can provide you with smart, affordable options to make sure you and your boat are protected. The Newcoast team specializes in the unique needs of yacht owners by working with captains, yacht managers, and owners to identify and find solutions. Their industry experience and access to world leading partners ensures optimal client protection.

Ready to start the quote on the boat or yacht of your dreams?

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Frequently Asked Questions

What factors make my insurance more (or less) expensive?

There are several factors that make up the premiums for insurance for boats or yachts. The age of the vessel, limits of coverage, owner's experience, usage type, and navigational territory are major factors in determining the premium. Our team will work with insurance carriers to find the best options and coverage for your policy.

Do you represent multiple insurance companies?

Yes. We work with A-Rated insurers to find coverage solutions that meet and exceed your needs for your boat, yacht, or RV.

What is included in a “Yacht” policy?

We customize each yacht policy based on the requirements of our clients and the vessel. We offer guidance on Hull, Liability, Pollution, Crew Medical, Builder's Risk, and Charter, to name a few.

Should I pay for insurance when my boat is winterized?

Yes. Most insurers provide credits for typical usage in cold weather regions, so it's best to keep the policy active throughout the year.

What is “Agreed Value” vs “Actual Cash Value” policy?

An Agreed Value policy will provide payment of the agreed value listed on the policy in the event of a total loss. Actual Cash Value factors in depreciation based on the age of the vessel.

Is boat insurance required by law?

It depends on the state, but even if boat insurance isn't required by law, protecting your boat is always a smart decision.

Will my homeowner's insurance cover my boat?

Homeowner policies may offer coverage for your boat, but they typically have size restrictions, limitations on horsepower, and limits on damage coverage. Standalone boat insurance policies generally offer superior coverage and can be even more cost-effective than adding to your homeowner's policy.

Can I talk to an insurance agent for specific questions?

Yes, please contact us at (866) 639-2627 (Option 2) for more information.