Grundoon at the Newport to Bermuda Race start, Newport, RI.

CLASSIC YACHT INSURANCE

Classic boats can have very special coverage requirements that vary from boat to boat. And Jim Grundy knows boats. An avid sailor, ocean racer, and historic boat collector, his lifetime of experience and knowledge is incorporated into our marine insurance products. Grundy insures all sizes of boats, from Day Sailors to Mega Yachts! We insure Classic Boats, Power Boats, Mega-Yachts, and Racing Sailboats.

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Boating Is Carefree With Grundy!

We insure classic boats with Agreed Value “All Risk” coverage, which means that their value does not depreciate over time. In the event of a total loss, you get 100% of the agreed value of the vessel. Also, Grundy Insurance typically does not require a marine survey on smaller boats or boats stored on trailers*. This can save you a great deal of time, trouble, and money. We believe that the owner is the best expert regarding his boat, and a written narrative with photographs is used to establish value. Equally important, Grundy Classic Boat Insurance is low in cost!

Grundy Classic Boat Insurance Coverage Highlights:

  • Agreed Value Insurance – Protects the hull and equipment for their full value in the event of a total loss.
  • High Limits Of Liability
  • Lowest Deductible Options – Usually 1% or $500
  • Repair By Yard Of Your Choice
  • Search And Rescue
  • Marine Environmental Damage Coverage
  • Wreck Removal Expenses
  • Emergency Expenses – Includes towing, delivery costs of fuel and essentials, and costs of repairs and labor at time of breakdown.
  • Uninsured Boaters
  • Medical Expenses
  • Longshoremen’s and Harbor Worker’s Compensation Act Coverage

* In some cases a survey can be required at the discretion of the underwriter.

Please complete the online form and attach sharp, color photos of the interior, exterior, and engine room. Please also attach a survey or provide a narrative with your application.

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Call Us

+1 (866) 338-4006

Fax Us

+ 1 (215) 674-1099

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