New Yachts & Yacht Insurance

You might think that owning a yacht is a luxury reserved for the rich and famous, and therefore, yacht insurance is not a concern for you. Many boat owners who believe this are mistaken. In fact, according to the United States Coast Guard, a yacht is defined as a sailing vessel, which exceeds 26 feet in length. If your new boat is categorized as a yacht, you will want to contact an experienced boat insurance company like Global Marine Insurance to purchase adequate insurance.