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Comprehensive Yacht Insurance in Little Rock

Protect Your Luxury Yacht Year-Round with Sargent Insurance Agency's Yacht Insurance
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Many years in business

100% customer satisfaction

6 Knowledgeable advisors

Multiple coverage options to choose from

Secure Your Lifestyle with Our Yacht Insurance

Whether you're navigating the coast on your luxury yacht or enjoying international marinas, our yacht insurance ensures your lifestyle is protected all year round.

Understanding Yacht Insurance

Yacht insurance is a specialized policy offering liability coverage for sailing vessels. It offers protection against property damage, personal property damage, and bodily injury while on board.

Coverage Details of Yacht Insurance

Our yacht insurance in Arkansas typically covers you, your yacht, and your passengers, depending on the selected policy and coverage.

Hull Coverage
This primary component of yacht insurance protects the owner from losses due to damage to the yacht.

Boating Equipment
Policies differ in how they classify equipment used for yacht operations. This equipment might be included in the hull limit or as a percentage of the hull value, varying by insurer.

Watercraft Liability
Also known as Protection & Indemnity, this coverage includes third-party bodily injury (BI) and property damage (PD) liability when an insured operator is at fault in an accident.

Bodily Injury (BI) Coverage: Pays for medical costs, lost wages, sickness, or death related to an accident, along with legal fees and compensation for pain and suffering. It also covers negligence-related injuries.

Property Damage (PD) Coverage: Covers damage to other boats, properties, and structures due to your negligence.

Crew Coverage
The Jones Act allows crew members injured due to negligence to seek damages. This essential coverage, typically an endorsement to your yacht policy, protects you as the vessel owner if a crew member files a claim.

Towing and Labor
The policy limit is crucial here. Some policies have occurrence limits subject to an annual aggregate limit. It's important to know if there's a maximum limit for offshore towing and whether claims are reimbursed or billed directly by the insurance company.

Uninsured Boaters
This coverage provides bodily injury protection for a covered person if an uninsured boater strikes your vessel.

Cost of Yacht Insurance

Yacht insurance costs vary based on multiple factors, including:

  • The state where the boat is moored or stored
  • The yacht's age, size, and type
  • Motor specifications
  • Purchase price
  • Usage duration (seasonal vs. year-round)
  • Corrosion risk (fresh vs. saltwater)
  • Boating safety course completion
  • Driving and claim history
  • Navigational area
  • Experience with similar-sized vessels
  • Usage (pleasure vs. commercial/charter)
  • Crew exposure
  • Insurance scoring
  • Coverage limits and deductible

Tailored Yacht Insurance for Your Needs

Yacht insurance is intricate but crucial for any yacht owner. It's important to ensure your policy covers all your needs and requirements, with options to add or remove coverages to match specific risk exposures. Sargent Insurance Agency in Little Rock can help you identify the optimal yacht insurance coverage. For a customized price depending on your needs, get in touch with us right now.

Already have Yacht Insurance? Switching is easy

It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.

Contact us today to help you with multiple options to choose from.
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Sargent Insurance Agency

Also providing service throughout Camden, Helena – W. Helena, Maumelle, North Little Rock, and Pine Bluff areas. – Licensed in Alabama, Arkansas, Mississippi, Tennessee and Texas.
7107 West 12th St. Suite 103 Little Rock, AR 72204
1120 Washington St Camden, AR 71701
2600 West 28th Pine Bluff, AR 71603
421 Perry St Helena AR 72342
Monday ---------  9:00am - 5.00pm
Tuesday ---------  9:00am - 5.00pm
Wednesday ----  9:00am - 5.00pm
Thursday -------- 9:00am - 5.00pm
Friday ------------- 9:00am - 5.00pm
Saturday --------  closed
Sunday ----------- closed
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