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Yachts Insurance Tips You Must Hear Now
Ep. 23

April 15, 2026

1h 1min

Yachts Insurance Tips You Must Hear Now

In this episode, we sit down with marine insurance expert John Jarvie of Oversea Insurance to explore the complexities of yacht insurance, from understanding coverage during haul outs and repairs, to insuring innovative vessel technologies.
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Whether you're a seasoned boat owner or considering your first yacht, this deep dive provides essential insights to protect your investment on and off the water.

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Resources & Links:

💼 Contact Oversea Insurance
🛥️ Work with Current Yachts to Buy a Yacht
📲 Sell your Boat with Current Yachts

Key Insights

🧭 Overview of the current yacht insurance Market: Softening rates and new market entrants
🛥️ Why specialty marine insurance brokers outperform generalists
⚠️ The importance of choosing the right surveyors and claims support
⚓️ Coverage nuances during boat repairs, haul-outs, and yard work
👌🏻 The impact of latest marine tech: electric, hydrofoil, lithium batteries on insurance
🦠 Cyber risks and cyber insurance strategies for boat owners
❌ Liveaboard insurance limitations and the challenges of insuring older or classic vessels
🗺️ Navigating coverage in the Caribbean and Bahamas, including hurricane implications

In this episode:
✔️ John shares over 20 years of marine insurance experience, including how hurricanes in 2017 reshaped the industry
✔️ Understanding the difference between actual cash value and agreed value policies in total loss scenarios
✔️ Insights into coverage restrictions when boats are hauled out or undergoing maintenance
✔️ The evolving landscape of insuring cutting-edge marine technology like electric propulsion and lithium batteries
✔️ How to proactively manage survey recommendations to ensure claim coverage

Note: This episode covers critical nuances in yacht insurance. Ensure you consult with a marine insurance expert to tailor coverage for your vessel and needs.

Who is Current Yachts?

We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way.
🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market.
We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. How?
1️⃣ Our flat-rate selling expense replaces inflated yacht brokerage commissions. And the buyer-side commission (called co-brokerage) only gets paid if a co-broker is present.
2️⃣ Our buyer-broker representation agreement means our yacht buyers receive the unbiased guidance they need to protect their interests.
3️⃣ Our modern platform streamlines the listing intake process including an listing agreement you can generate and signed digitally within minutes. Our platform ensures real-time communication with a dedicated team and provides analytics for all parties.
🏁 The result? More transparent yacht sales, and faster, more efficient transactions.

We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike.

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