ABSTRACT
Yacht policies cover pleasure crafts such as yachts, sailboats, and motorboats. It usually covers the boat, its contents, and liability for collision or injuries. The coverage can be written with limited coverage for perils such as fi re, lightning, and theft, or on an all-risk basis. Exclusions in the all-risk yacht policy may be different from those in homeowners policies and need to be reviewed. Common exclusions not always found in homeowners are explosion, loss caused by ice, acts of war, and confi scation.
