Burned about two weeks comparing quotes on coverage for our boat before the season. Lesson one: the cheapest quote often hides gaps in coverage. Check whether the hull is insured at agreed value or ACV — with ACV, depreciation cuts your claim after a total loss. For an older hull, be ready for the insurer to ask for a recent survey. Most of the confusion comes from the policy language, so this helped me sort it out: https://yacht-insurance.net — it lays out the main policy terms in plain English. Then check the navigation limits: going past the listed waters can leave you uncovered. In hurricane country, the named storm deductible is often a percentage of hull value, not a flat amount. Don't skimp on liability either — wreck removal and damage to other boats can exceed the value of the boat itself. Get at least three quotes and read the exclusions before you sign.