Is Yacht Insurance the Same As Watercraft Insurance?

If you own a yacht, you might be worried that it doesn’t fall under watercraft insurance plans. But there’s no need to worry. The size of the vessel often limits boat insurance policies and yachts. If this is a concern for you, rest assured that our experienced team at the All Around Insurance Agency in Katy, TX is well-equipped to help you find the best policy plan.

What is Watercraft Insurance?

Watercraft insurance is a type of insurance plan that covers boat, yacht, and personal watercraft insurance. Simply put, the coverage is designed to cover a wide range of watercraft vessels, regardless of size. Despite this, watercraft owners must know which policy they have, as boat insurance or individualized plans are not the same as watercraft insurance.

Yacht Insurance vs Watercraft Insurance

Yacht insurance is different from watercraft insurance. The main difference is that Yacht insurance is a policy that covers indemnity liability coverage for sailing a vessel. This can include liability coverage, property damage, and more. 

On the other hand, watercraft insurance offers a more comprehensive scope of coverage. It can include the coverage of multiple watercraft vessels, making it an excellent choice for those looking to protect all their watercraft property. Dealing with various insurance plans can be a hassle, so a single, inclusive one might be the better choice for your peace of mind.

Which to Choose?

If you’re stuck on which policy you need, then it’s best to contact us at the All Around Insurance Agency in Katy, TX. We can help you find the perfect insurance to suit your watercraft needs. If you have any specific questions or issues, then our representatives will help. In addition, you can find policy coverage listed on our website.