Burned about two weeks shopping for yacht insurance before the season. Lesson one: the cheapest quote often means a pile of exclusions. Look at whether the hull is insured at agreed value or ACV — with ACV, depreciation eats your claim after a total loss. If the boat is older, expect a request for a fresh marine survey. The hard part is the policy language, so a good starting point is https://yacht-insurance.net — it covers the main coverage options without the sales talk. Also read the navigation limits carefully: going past the listed waters can get a claim denied. On the East Coast and the Gulf, the named storm deductible is usually a percentage of hull value, not a flat amount. Pay attention to liability limits — wreck removal and damage to other boats can cost more than the boat itself. Compare two or three carriers and read the exclusions before you sign.