Specialized Insurance Solutions for Owners of Classic Wooden Yachts
A classic yacht is a sight to behold, and an investment to protect.
Gowrie’s Classic Yacht Insurance program is designed to meet the unique coverage needs of the most discerning wooden boat owners. Available to qualifying classic yachts made of wood or cold-molded wood, this comprehensive marine insurance offering includes many valuable policy enhancements. The program is managed by Gowrie Group, underwritten by PURE Insurance, and endorsed by the Classic Yacht Owners Association.
Policy Enhancements Designed for Owners of Classic Yachts
- Agreed Value Coverage: Agreed Value coverage on your hull and equipment to protect your investment.
- Survey Waived: Survey waived for yachts that are maintained by a classic yacht specialist.
- Paint Both Sides Coverage: If one side of the yacht is damaged, claim coverage includes repainting both sides.
- Racing Covered: Occasional racing is covered.
- Range of Deductibles: With credits offered for deductibles higher than 2%.
- Hurricane Haul Coverage: Coverage included for up to $2,500.
- Emergency Towing: Expenses covered up to $25,000.
- 12-Month Navigation & Extended Range: No lay-up dates and extended US navigation including Canada (with limits).
- Consequential Damage: Consequential damage coverage is included.
- Specialist Claim Repair Work: Insurance claim repair work can be done by a classic yacht specialist.
- Coverage Beyond Your Limit: In the case of a claim, defense costs are covered in addition to the liability limit.
Qualifications
To qualify, yachts must be:
- Wood or cold-molded wood construction
- Maintained by a marina/yard with expertise in wooden yachts
- Hull value greater than $75,000
- A length greater than 26 feet
Connect with a Marine Specialist & Request a Quote:
- Submit a Yacht Insurance Inquiry Form
Explore
- Industries
- Agriculture
- Architects & Engineers
- Aviation
- Cannabis
- Construction
- Dental
- Education
- Entertainment
- Financial Services
- Fine Art
- Healthcare
- Law Firms
- Marine & Yacht
- Nonprofit & Human Services
- Private Equity
- Public Sector
- Real Estate
- Relocation
- Transportation
- Waste & Recycling
- Wineries
- Solutions
- Business Insurance
- Captives
- Casualty
- Cyber
- Environmental
- Contractors Pollution Liability
- Environmental Excess
- Environmental Liability Transfer
- Environmental Liability - Healthcare
- Environmental Liability - Higher Education
- Pollution Legal Liability
- Environmental Liability - Private Equity
- Professional Environmental Liability Insurance
- Real Estate Development
- Remediation Cost Cap
- Secured Creditor Protection for Lenders
- Underground Storage Tanks
- International
- Management Liability
- Property
- Surety
- Employee Benefits
- Financial & Wealth
- Private Client Services
- Reinsurance
- Risk Management Services
- Business Insurance
- Consulting
- News and Insights
- Company
Blog
Marine Business
2
min read
The Baltimore Bridge Collapse: Who’s Liable?
Marine Business
2
min read
Navigating the Complex, Ever-Changing Yacht Insurance Market
Resources
State of the Market
We invite you to explore our 2025 Initial Outlook and 2024 Wrap-Up,
View Resource
View Resource