A generation ago, most people considered climate change an uncertain possibility, so they did not worry about their carbon emissions. Boaters also thought the sea was large enough to dilute oil spills, so few worried about whether their yacht insurance covered pollution risks. Times have changed, and today, even those who never considered themselves environmentalists are now taking a stand to protect the oceans.
Yacht Insurance for the Environmental Impact of Yacht Ownership
It is no secret that yachts leave a formidable ecological footprint in every stage of their existence — from production to use to eventual dismantling. Yachts emit a large amount of carbon dioxide into the air and, therefore, contribute to global warming. They also release carbon monoxide, airborne particles, nitrogen oxide, and non-methane volatile organic compounds.
Recent negative publicity about the environmental impact of superyachts has served as a call for boat manufacturers and owners to embrace more eco-friendly practices. As a result, many boaters are taking responsibility for not just their airborne emissions but also for other types of pollution and environmental damage they may cause.
Sustainable Practices for Yacht Owners
Yacht owners can increase the sustainability of their recreational boating with eco-friendly behaviors. For example, performing frequent engine maintenance is one way to minimize leaks. It is also essential to have a good yacht insurance policy to cover any environmental damage that an unintentional oil spill might cause.
Another simple action boaters can take is to re-evaluate their cleaning routines. By choosing non-toxic and reef-safe products, they can further reduce the amount of chemicals running overboard.
Guests on a yacht often generate a large amount of waste in disposable food containers and water bottles. Adding an onboard water filtration system is one way to avoid using single-use plastic bottles, and installing bins in convenient locations will remind passengers not to throw away recyclable containers.
Yacht Insurance for Pollution Risk
Purchasing yacht insurance is the best way to stay protected from many risks associated with owning an expensive vessel. In addition to essential coverages such as general liability and hull and machinery policies, yacht owners should also invest in risk coverage from the following types of pollution:
- Cleaning products
- Paint and solvents
- Engine fuel and oil
- Sewage
Besides accidentally releasing pollution into the water, yachts can also physically damage ecosystems such as coral reefs and sensitive shorelines by running into them. Pollution insurance safeguards yacht owners from the serious legal and financial consequences of causing environmental damage, including thousands of dollars in fines and potential jail time.
A Yacht Insurance Agency That Covers the Risk
When it comes to the climate crisis, ignorance is no longer bliss. Even in the serene environment of the open seas, yachters have begun to consider the potential environmental costs of their hobby and act accordingly.
Fortunately, yacht insurance now exists to safeguard against environmental risks. By investing in a pollution policy, boaters can experience the new synergy of eco-conscious practices and insurance that is becoming more common in the yachting community.
About Mariners Insurance
Mariners General Insurance Group was founded in 1959 to protect boat owners and marine business clients. We are marine insurance experts and insure boats worldwide — in every ocean on the planet. Marine insurance is critical if you own a boat or nautical business. Trust the professionals with all of your Boat Insurance needs — trust Mariners Insurance. Call us at (888) 402-5018 anytime you have questions or concerns about insurance for your vessel or marine business.
