We know it can be hard to chart your own course through the sometimes difficult-to-understand policies in order to determine exactly what’s covered and the price that comes with it. That’s why we are here.
In addition to using several local Underwriters, Navis is proud to have developed our own Yacht policy wording that is very unique from other polices that are currently offered.
Being boaters ourselves, we understand the risks of boat ownership and have taken our boating experience and 25 years of Marine Insurance Experience to to create a very unique Yacht Insurance Policy. Both the Hull and Liability coverages are underwritten by very strong Syndicates within the Lloyds of London Market. The Hull wording is written to provide you with the best possible insurance for the physical damage that your boat is exposed to, it is a plain language wording with very few exclusions and warranties. The Liability wording was based on a policy wording developed for Mega Yacht owners, as we believe every owner needs to protect their personal assets, and your choice of liability wordings is one of the most important decisions you will make as a boat owner. You are exposed to Contractual Liability through you moorage contract, and we believe our policy is one of the only ones that provides this coverage.
Collectively we and our Insurers have developed a comprehensive Yacht Policy that is not only well written, but one which will provide true peace of mind, backed by a team of marine insurance specialists which will be available to assist you when you need them the most, after a claim.
There is no yacht policy available which will give you the same enhanced coverage as the Navis policy, at a premium that is very competitive to the rest of the market. Nor will you find a team with as much experience as the group at Navis.