Named Storm Deductibles on Florida Yacht Insurance - What Every Owner Needs to Know

Your agreed value policy pays the full hull amount at total loss. What surprises most Florida yacht owners is what comes out first — the named storm deductible. On a $600,000 vessel at 5%, you're absorbing $30,000 before the carrier pays a cent. This guide explains how named storm deductibles work, how they're triggered, and exactly how to reduce them.