Business Details
31 Years
experience
Trusted Marine Insurance for Cruisers, Yachts, and Charter Boats
Bluewater Yacht Insurance has been a trusted provider of specialized marine insurance for over 30 years. Founded in 1995, our company was built on the expertise of developing the first two-crew worldwide navigation program for the Seven Seas Cruising Association, a legacy that continues to shape our innovative approach. We specialize in crafting tailored insurance solutions for active cruisers, yacht owners, and charter boat operators, backed by A+ rated underwriters who are leaders in marine insurance globally. Our policies are designed to meet the unique needs of offshore adventurers, offering comprehensive coverage for vessels navigating the Caribbean, Florida, and beyond to destinations like Japan, Italy, and the Panama Canal.We prioritize transparency, ensuring clients receive competitive pricing without hidden fees, while maintaining a commitment to privacy and personalized service. Our hurricane preparedness discounts, agreed-value policies, and extended navigation limits reflect our deep understanding of the risks faced by global sailors. With a focus on safety-oriented owner-operators, we require qualifying experience to ensure responsible coverage, and our loss-of-use provisions provide financial support during vessel repairs. As a client-centric organization, we deliver quotes through an efficient online system or direct consultation, ensuring clarity and accessibility for all policyholders.
Services
Cruising Insurance
Caribbean Yacht Insurance
Charter Boat Insurance
Florida Yacht Insurance
Worldwide Navigation Coverage
Hurricane Preparedness Coverage
Agreed Value Policies
Loss of Use Coverage
Extended Navigation Limits
Racing Coverage
Details
- Year established: 1995
Highlights and features
- We have over 30 years of experience in specialized marine insurance.
- Our policies are backed by A+ rated underwriters globally.
- We offer hurricane preparedness discounts with 4% deductibles.
- We provide worldwide navigation coverage including Cuba and Cape Horn.
- Our agreed-value policies cover partial losses without depreciation.
Associations and certifications
- A.M. Best
Services
Cruising Insurance
Cruising insurance provides comprehensive protection for active sailors navigating global waters. This policy covers hull damage, liability, and environmental risks with agreed-value terms for vessels over 25 years old. Backed by A+ rated underwriters, it includes hurricane preparedness discounts and extended navigation options to remote destinations.
Caribbean Yacht Insurance
Caribbean yacht insurance offers tailored protection for vessels operating in tropical regions. Policies include named windstorm coverage with 2-10% deductibles, latitude-based discounts, and pollution liability up to $939,800. We ensure competitive pricing without depreciation clauses for partial losses in high-risk zones.
Charter Boat Insurance
Charter boat insurance safeguards against collisions, accidents, and weather-related damages during vessel rentals. Coverage includes paid crew liability, hull protection, and emergency response provisions. Our policies accommodate private and commercial charter operations in high-traffic maritime areas.
Worldwide Navigation Coverage
Worldwide navigation coverage extends protection to vessels traversing international waters. This includes transit through the Panama Canal, Cape Horn, and Mediterranean routes. Policies feature customizable endorsements for Cuba, Colombia, and hurricane zone exclusions during peak seasons.
Hurricane Preparedness Coverage
Hurricane preparedness coverage reduces financial risk during storm seasons. Policyholders receive 50% reimbursement for haul-out costs when National Weather Service warnings are issued. Deductibles as low as 4% apply with approved Hurricane Preparedness Plans for Florida and Caribbean operations.
People
Donald Spink
CEO
Donald Spink founded Bluewater Yacht Insurance in 1995 after developing the first two-crew worldwide navigation program for the Seven Seas Cruising Association. With decades of marine insurance expertise, he leads our team in creating innovative policies for global sailors.
Questions
What areas does Bluewater Yacht Insurance cover?
We provide coverage across the Caribbean, Florida, Bahamas, Mexico, Canada, Hawaii, Japan, Italy, and extended routes including Cape Horn and the Mediterranean.
Do you offer hurricane insurance discounts?
Yes, we provide 4% deductibles with approved Hurricane Preparedness Plans and latitude-based discounts for vessels avoiding high-risk zones during storm seasons.
How are partial losses handled?
Our agreed-value policies cover partial losses without depreciation schedules, ensuring 'new for old' replacement for vessels over 25 years old.
Can I extend navigation limits?
Yes, we offer endorsements for extended navigation to Cuba, Colombia, Haiti, Venezuela, and the Eastern Mediterranean with prior approval.
What payment methods do you accept?
Payment options and financing details are discussed during policy consultation. Contact our team for specific payment arrangements.
