Yacht insurance premiums generally range between 1% and 5% of the yacht's total value each year. For example, if a yacht is valued at $500,000, the annual premium might range from $5,000 to $25,000.

Boat ownership represents freedom, relaxation, and a meaningful connection to the water—but it also comes with financial responsibility. One of the most overlooked expenses is boat insurance, a ...

Yacht insurance is an essential consideration for anyone who owns or is planning to purchase a yacht. Given the significant investment involved, yacht insurance protects the owner against a range of ...

In global trade, businesses face numerous risks when shipping goods by sea. Natural disasters, accidents, theft, and damage ...

LONDON (Reuters) - Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on the hook for at least $150 million, according to the first ...

Penny Pryor has more than two decades experience writing, reporting and editing financial services publications. She has contributed to, and edited, the Money Section of the Sun Herald and The Sunday ...