Similarly, if your yacht had a fire in dock or an explosion that caused damage to   go pro   the dock or to other boats, you will be held responsible for that damage. So just as you are coverin invisible fence g the damage to your yacht, make sure monies are in the insurance policy to cover collateral damage as well. You are not inexperienced in knowing the costs of owning Parent Coach a fine luxury such as a yacht. You no doubt already have gotten insurance to cover theft and the basic threats to that vehicle.