Yacht Insurance
Denison specializes in boat loans and yacht financing for U.S. Coast Guard documented and foreign-registered vessels, allowing boat buyers to get pre-qualified for marine financing before starting the buying process.
WHY DENISON?
We specialize in providing yacht insurance solutions
Yacht
Comprehensive hull and machinery coverage protects your yacht against physical damage, theft, and total loss— whether at dock, at anchor, or underway. We work across 25+ marine carriers to find policies that cover your vessel’s specific cruising grounds, usage patterns, and value, including agreed value and actual cash value options.
Crew & Passenger
Protect everyone on board with crew and passenger liability coverage. This includes Protection & Indemnity (P&I) for injuries to crew, guests, and third parties, as well as crew medical coverage, repatriation, and employer’s liability to meet your obligations under maritime law and MLC requirements
New Builds & Refits
Whether you’re building a new yacht or undertaking a major refit, builder’s risk insurance covers your vessel during construction, from keel-laying through sea trials and delivery. We also arrange coverage for refits and conversions, protecting your investment against damage, delays, and unforeseen events during the projec
Third Party Liability
Third party liability coverage protects you against claims for damage to other vessels, marina property, or environmental incidents. This includes collision liability, wreck removal, pollution liability, and salvage costs—essential coverage for any yacht owner operating in busy harbors and international waters.it.
How Yacht Insurance Works
Share Your Vessel Details
Tell us about your yacht—manufacturer, size, year, value, and where you plan to cruise. The more we know about your vessel and how you use it, the better we can match you with the right coverage. Use the form above or contact our insurance team directly
We Shop the Market For You
We leverage our relationships with 25+ marine insurance carriers to source competitive quotes tailored to your yacht’s profile. Because we work with a broad panel of underwriters you get options that fit your coverage needs and budget without compromising protectio
Review & Select Your Coverage
We present you with a clear comparison of your best options, walking you through coverage details, exclusions, deductibles, and premiums. Our team answers your questions and helps you make a confident, well-informed decision—with no pressure and no hidden agendas. Denison brokers do not accept finders’ fees or mark-ups from insurance referrals.
Bind Coverage & Ongoing Support
Once you’ve selected your policy, we coordinate binding coverage with the carrier and ensure all documentation is in order. Our support continues throughout the policy term—we’re here for renewals, policy adjustments as your needs change, and claims assistance if an incident occ
Frequently Asked Questions
How does Denison help me find yacht insurance?
Denison connects you with the right marine insurance carrier for your situation. We work with more than 25 carriers, so rather than shopping the market yourself, you tell us about your yacht and we introduce you to the providers best suited to your vessel type, cruising grounds, and coverage needs. Denison brokers do not accept finders’ fees or mark-ups on insurance referrals—our only goal is connecting you with the best
What types of yacht insurance coverage are available?
The marine insurance market offers a range of products including hull and machinery (protecting the vessel itself), Protection & Indemnity (liability for injuries and property damage), crew medical and employer’s liability, charter liability, pollution coverage, and builder’s risk for new builds and refits. We’ll connect you with carriers who specialize in the specific types of coverage your yacht requires.
Does my insurance need to change if I charter my yacht?
Yes. Operating your yacht commercially typically requires additional coverage, including charter liability and increased P&I limits. If you’re entering a charter program, let us know and we’ll connect you with carriers experienced in commercial yacht insurance so you’re properly covered before your first charter booking.
Is there a cost to use Denison’s insurance referral service?
There is no fee from Denison for connecting you with marine insurance carriers. Our role is to introduce you to the right providers based on your yacht and your needs—you work directly with the carrier on policy terms, pricing, and claims. Per our integrity policy, Denison brokers do not accept finders’ fees or mark-ups, so you can be confident the introduction is made purely in your interest.
Ready to Protect Your Yacht?
Tell us about your vessel and we'll connect you with the right marine insurance carriers for your coverage needs.