What is a Yacht Insurance or Evaluation Report?
A yacht insurance valuation is a critical, expert-driven appraisal that provides insurers with an accurate market value of your yacht, essential for policy issuance or renewal.
Our comprehensive evaluation examines key factors such as the vessel’s age, condition, technical specifications, and current market dynamics. By analyzing these elements, we deliver a precise and reliable valuation that accurately reflects your yacht’s true worth.
This ensures optimal insurance coverage, safeguarding against the risks of both over-insurance and under-insurance. Furthermore, our detailed report supports a seamless and efficient claims process, providing you with peace of mind and confidence that your asset is fully protected.
When You Need It:
• For New Insurance Policies: Obtain a precise, up-to-date valuation to ensure accurate coverage from the outset.
• Policy Renewals: Ensure your yacht’s market value is re-assessed to reflect any changes, securing appropriate coverage.
• Post-Refit or Major Upgrades: Update your valuation after significant changes to your yacht’s condition, equipment, or systems.
• Ownership or Flag Registration Transfers: Facilitate smooth transitions by providing an accurate valuation for new ownership or flag registration requirements.
• Claims Settlements or Disputes: Resolve valuation disputes swiftly and fairly with a professional assessment to support insurance claims or hull value disputes.
Why Choose YSG ?
• Accurate & Trusted Valuations: Our expert surveyors provide precise, data-driven valuations based on the latest market trends, ensuring your yacht is accurately valued every time.
• Comprehensive & Detailed Reports: We deliver thorough, clear, and professional reports that meet the highest industry standards, trusted by insurers, financial institutions, and legal bodies.
• Industry-Recognized Expertise: With certifications from RINA, IIMS, Lloyd’s, and the UK MCA, our team ensures your valuation is conducted by the most qualified professionals in the field.
• Tailored to Your Needs: Whether you’re acquiring new insurance, updating post-refit, or transferring ownership, we provide customized evaluations specific to your yacht’s requirements.
• Fast & Efficient Service: We prioritize quick turnarounds without compromising quality, ensuring timely support for policy renewals, claims, or ownership changes.
• Global Reach: With offices across key maritime locations, we offer our valuation services wherever your yacht is, whether in local or international waters.
