Agreed Value vs. Actual Cash Value Yacht Insurance in Florida
The difference between agreed value and actual cash value yacht insurance can mean $200,000+ at total loss. This guide breaks down exactly how each works, shows real Florida payout scenarios by vessel age, exposes the stated value trap, and explains why hurricane-exposed Fort Lauderdale owners should almost always choose agreed value.
Yacht Insurance in Fort Lauderdale: Complete Guide 2026
Fort Lauderdale is the yachting capital of the world — 165 miles of Intracoastal waterways, 50,000+ registered vessels in Broward County, and the world's largest in-water boat show every October. If you own a yacht here, you need to understand agreed value hull coverage, named storm deductibles, Jones Act crew liability, and what separates a yacht policy from a standard boat policy. This complete 2026 guide covers everything — written by a local broker 3 miles from the Intracoastal.