Event at Fort Lauderdale Beach Park for an informal gathering created by a nonprofit fundraising foundation. Started in 2015 with a few floats, the event now hosts 500 floats and 2000 attendees.
Many things can break on board a yacht, including the crew. So when a crew member falls down a hatch, contracts malaria, or runs over a snorkeler with the tender, it’s important to know how liability insurance coverage works. Yet, as with many things yacht-related, it can be confusing.
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When yacht owners shop around for insurance, they are faced with very high premiums and loss deductibles from underwriters who limit cruising grounds based on their risk assessment. In some cases, yacht insurance premiums have risen by at least 43 percent from 2021 to 2022.
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Three words: Charter Rotation Position! These three words bring joy to the ears of many in search of their next vessel. Charter yachts provide the ability to earn extra cash, while rotations provide the extra freedom of time. Everyone wants it — but first, there are a few concerns to take into account.
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