Markel Helmsman Yacht insurance program offers distinct advantages in breadth of risk, coverage features, options, and expertise. For the preferred yacht, feature rich coverage options ensure a well-protected owner. For older or unique watercraft, coverage can be tailored to address these hard-to-place risks.

Coverage available: CT, MA, ME, NH, NJ, NY, PA, RI, VT

Underwriting Appetite

  • Watercraft 26' and over
  • No age or length limitation
  • Pleasure craft, liveaboard, bareboat, limited charter, multi-owner
  • May be corporately owned


Program Coverage Features (included in base policy)

  • Agreed value for total loss
  • Deductible waived for most total losses
  • No depreciation on most partial losses
  • Broad navigation
  • Protect and recover
  • Tender coverage
  • Consequential damage coverage
  • Ice and freezing damage coverage
  • High protection and indemnity limits
  • Uninsured watercraft
  • Personal effects
  • Pollution liability
  • Emergency towing and assistance
  • Medical payments
  • Rental reimbursement
  • Jones act protection

Optional Coverage

  • Trip coverage
  • Trip interruption
  • Trailer coverage
  • Liveaboard
  • Transit and storage
  • Boat lift and boat house coverage
  • Fishing coverage
  • Tournament reimbursement for fishing boats


Premium Discounts Available

  • ACV settlement type
  • Higher deductibles
  • Lay-up during off season
  • Multi-boat
  • Windstorm exclusion


  pdf Markel Yacht Application (23 KB)