{"id":2456,"date":"2026-05-07T10:35:54","date_gmt":"2026-05-07T07:35:54","guid":{"rendered":"https:\/\/dfadvisors.gr\/?p=2456"},"modified":"2026-06-30T16:29:37","modified_gmt":"2026-06-30T13:29:37","slug":"your-yacht-is-worth-over-e200000-does-your-insurance-reflect-that","status":"publish","type":"post","link":"https:\/\/dfadvisors.gr\/en\/for-individuals\/your-yacht-is-worth-over-e200000-does-your-insurance-reflect-that\/","title":{"rendered":"Your Yacht Is Worth Over \u20ac200,000 \u2014 Does Your Insurance Reflect That?"},"content":{"rendered":"

Some boat owners have done everything right. The vessel is meticulously maintained, the electronics are top-spec, the berth is in a well-run marina. The insurance policy? It’s there. Signed. Renewed every year. Largely unexamined.<\/p>\n

That last part is the problem.<\/p>\n

High-value vessels don’t fit neatly into standard marine products. The policies designed to serve the broader market weren’t built for this profile \u2014 and the gaps they carry are invisible right up until the moment you need to make a claim.<\/p>\n

The Core Problem with Standard Policies<\/strong><\/h3>\n

Most off-the-shelf boat policies settle total loss claims based on the vessel’s market value at the time of the incident \u2014 not the value declared when the policy was taken out. Depreciation applies, and the payout can fall well short of what the boat was actually worth. For context on how this connects to the most common mistakes in marine cover, see 6 Boat Insurance Mistakes That End Up Costing You More<\/a>.<\/p>\n

On a \u20ac50,000 boat, that shortfall may be manageable. On a \u20ac300,000 or \u20ac500,000 vessel, the same mechanism creates a gap that nothing else covers.<\/p>\n

Agreed Value: Why It Matters\"\"