Yacht Insurance
When the Yacht Is Down,
Revenue Shouldn't Be
Loss of Charter Hire coverage built around your documented charter schedule — ensuring a hull casualty doesn't also become a revenue emergency for your operation.
Expenses continue when the vessel is in the yard. Your income shouldn't stop because of it.
Our Process
Document. Insure. Recover.
We review your documented charter schedule, daily rate, and operating cost structure to build a loss of hire program that accurately replaces lost revenue when the vessel is offline.
Our advisors review your charter management agreement, booking history, and daily rate to structure a Loss of Charter Hire program based on your documented income — not generic estimates that underpay at claim time.
Technology does the heavy lifting. Human judgment makes the decisions.
You receive:
- Charter schedule and income documentation review
- Daily rate and maximum period structuring
- Operating cost coordination analysis
- No obligation to proceed
Charter Income Analysis
Program Comparison
Current Program
No Hire Cover
Optimized Structure
180-Day Cover
Your Loss of Charter Hire Proposal
Review your customized charter income protection recommendations
Charter Hire Limit
Current Coverage
None
Annual Premium
$0
Proposed Coverage
180-Day Charter Hire
Annual Premium
$14,200
Why It Matters
A hull repair takes weeks. Your revenue gap lasts months.
For charter operators, a major hull casualty doesn't just cost the repair — it costs the season. A vessel in the yard during peak charter weeks can lose six figures in revenue. Loss of Charter Hire coverage ensures the repair doesn't also become a financial crisis.
What We Cover
Every Dimension of Charter Revenue Protection
From lost daily rates to committed charter cancellations to operating costs — every revenue exposure during a hull casualty repair, properly addressed.
Lost Charter Revenue
Replaces charter income lost while the vessel is undergoing covered repairs — ensuring that a hull casualty doesn't also become a revenue catastrophe for the owner.
Coverage Includes
- Daily charter rate replacement
- Committed charter cancellations
- Pre-booked season income protection
- Revenue continuity during extended repairs
Extended Repair Periods
Major hull repairs can take weeks or months — especially for custom-built superyachts. Loss of Charter Hire coverage extends for the full duration of the repair period.
Coverage Includes
- Coverage for full repair timeline
- Waiting period options to reduce premium
- Survey and haul-out periods included
- Delays beyond initial repair estimate
Casualty Revenue Protection
Covers revenue loss following any covered hull casualty — grounding, collision, fire, storm damage — not just the most severe incidents that attract attention.
Coverage Includes
- All covered hull casualties trigger
- Grounding and stranding incidents
- Collision and fixed object damage
- Fire, theft, and storm damage events
Financial Stability During Downtime
Ongoing crew costs, management fees, and marina berth costs continue even when the vessel is in the yard. Coverage ensures the operation remains financially stable.
Coverage Includes
- Crew standby costs during repairs
- Management fee continuity
- Marina and berthing fees
- Coordination with hull repair timeline
Who We Serve
Charter Operators Who Depend on Their Season
Loss of Charter Hire is essential for any yacht that generates revenue from charter operations — because a casualty in peak season can cost more than the repair itself.
Full-Time Charter Yachts
Vessels operating commercially year-round depend on consistent charter income to cover operating costs. A hull casualty without loss of hire coverage creates an immediate cash flow crisis.
Seasonal Charter Operations
Mediterranean and Caribbean charter operators whose income is concentrated in peak seasons need protection that covers the full repair period — even if it spans the primary charter window.
Owner-Charter Programs
Owners who charter their yacht part of the year need loss of hire coverage that respects their personal use schedule and protects only the chartered periods.
Your charter operation deserves revenue protection that matches your season.
No obligation. Confidential review. Built around your charter schedule.