Should I get travel or cancellation insurance for my yacht charter?

Leonidas Marousos
Yacht charter broker, DMA Yachting

Yes, we strongly recommend it.

The yacht itself has its own insurance, but that does not protect your trip investment, medical issues, luggage, or last-minute disruption on your side. The right policy depends on your country of residence and the value of the charter.

If you are wondering how weather-related issues are normally handled, see can a yacht charter be canceled because of bad weather?