Novamar has been helping boaters with their insurance needs locally and globally since 1987. In early 2016 Novamar launched the Novamar Yacht Program (NYP) available ONLY through Novamar or one of our select partner agents.
✔ Yachts up to $2,000,000 in value (higher limits available) and up to $5,000,000 in liability coverage.
✔ Lower premiums due to Novamar clients’ claims experience!
✔ Additional Discounts with a Yacht Protector system.
✔ Important Coverages NOT included in most yacht policies such as;
✔ Marina Fire Deductible Waiver
✔ Consequential Damage Coverage
✔ Laptop Computer Coverage-even while ashore
✔ Personal Accident Benefit in addition to Medical Payments
✔ No hidden coverage exclusions in the easy to read NYP Policy!
✔ U.S. or international navigation limits quoted and policies issued by Novamar “in house” - no more waiting for underwriters to quote!
✔ Novamar in house IT staff wrote the program to “take the wait out” of policy issuance and servicing!
✔ Up to 50% faster response times and best in class claims handling provided by the claims department!
✔ Underwritten by an “A Rated” U.S. insurance company for state guaranteed client protections!
✔ Program backed by Lloyd’s of London. No matter where in the world a yacht insurance loss occurs, a global network of Lloyd’s approved marine surveyors is available to assist!
✔ The Novamar Yacht Insurance Program is the best solution for yacht owners and is only available from Novamar or its select partner agents!