As a yacht owner, you understand the importance of protecting your investment. However, many people overlook the need to insure their bike cargo, which can be just as valuable as their vessel. In this blog post, we'll explore why insurance is crucial for both your yacht and bike cargo.
Yacht insurance typically covers damage or loss due to various risks such as theft, fire, collision, and natural disasters. It also provides liability coverage in case of accidents involving third parties. Additionally, some policies may offer optional coverage for personal effects, fishing gear, and other equipment.
Bike cargo insurance is often overlooked, but it's essential to protect your valuable equipment. In case of theft or damage, this type of insurance can provide financial compensation to replace or repair your gear. Moreover, some policies may offer additional coverage for liability and personal effects.