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Owning a yacht is more than just a luxury, it is a serious investment that requires a special insurance policy. Yacht insurance Palm Beach Gardens is designed to cover physical damage, liability costs, theft, and vandalism and storm related occurrences. Yacht owners should be aware that the weather conditions along the Florida coast are significant risks and should be fully covered. Yacht insurance differs from standard boat insurance as it typically provides broader coverage due to being tailored for larger, more valuable yachts.