yacht transport insurance

Yacht Transport: Everything You Need To Know About Shipping A Yacht

Date: 12/29/2023, author: seo.

Transporting a yacht can feel like setting sail into unknown waters, brimming with intricate choices and deep-seated worries for your cherished vessel. It’s a path we’ve traversed as well, learning the ropes through our sea of experiences in boat shipping .

Our guide is crafted to demystify the process, offering clear steps to ensure your yacht’s relocation is as seamless as the calmest sea . Let’s navigate these waters together for an easy, breezy transition from one harbor to the next!

Need to ship your yacht? Request a Quote from Cross Chartering Yacht Transport today!

Key Takeaways

There are a few different yacht shipping methods, including Lift on Lift off (LoLo), Roll on Roll off (RoRo), Container Shipping, and By Water on Keel. Each method has pros and cons, so it’s important to weigh your options carefully before deciding.

Preparing your yacht for transport involves vital steps such as cleaning and inspection, securing detachable parts, protecting the exterior, disconnecting batteries, and draining fluids to ensure safe transportation.
When planning the logistics of yacht transportation , it’s crucial to consider timeframes based on distance, shipping method, customs procedures, seasonal factors, and budgeting for cost factors like insurance premiums and demurrage fees .

Understanding Yacht Shipping Methods

Lift on Lift off (LoLo) Boat Shipping

We often recommend Lift on Lift off (LoLo) for transporting our clients’ prized yachts. This method calls upon the strength of cranes to hoist your vessel onto a cargo ship with precision and care.

Once lifted, we secure your yacht firmly on deck, strapping it into place for its ocean journey. Trust in this process comes from knowing that every detail is meticulously planned, with specialized tools ready.

Choosing LoLo means your yacht’s safety is a top priority. Our transport business offers comprehensive voyage insurance , ensuring protection throughout transit. We manage all logistical aspects so you can have peace of mind while your sailing companion travels to meet you across the seas.

With us handling the heavy lifting, rest assured that your treasured vessel will arrive safely and efficiently at its destination.

Roll on, Roll off (RoRo) Yacht Shipping

Shifting gears from Lift on Lift off, let’s explore the Roll on Roll off (RoRo) method , another popular choice for transporting yachts. This process streamlines loading and unloading your prized vessel by allowing it to be driven directly onto the ship’s deck at departure and rolled off upon arrival .

Imagine how efficient this is: no cranes or lifting, just a seamless transition from dock to deck and back to dock.

With RoRo shipping, our team meticulously secures your yacht for its ocean voyage. We utilize a fleet of specialized trailers and tie-down systems designed for maritime conditions to keep your yacht stable throughout the transport.

Your complete confidence in us is justified as we handle every detail of transit with precision—from obtaining permits to conducting thorough inspections—assuring that GPS tracking keeps you updated every nautical mile of the journey.

Whether racing across oceans or cruising through canals, consider RoRo for a robust yet straightforward solution tailored to oversized loads like yours.

Container Shipping

Moving from Roll on Roll off to Container Shipping , we’ll explore how this method provides an alternative for transporting yachts that don’t fit the traditional RoRo vessels. Imagine dismantling your yacht’s mast and securely placing it within a massive metal box; that’s what container shipping is about.

Expert freight forwarders use flat rack containers to accommodate the unique dimensions of racing yachts or smaller leisure boats, ensuring they are well-protected throughout their journey.

This option may seem daunting at first glance, but we streamline the process with our know-how and careful planning.

Our teams meticulously prepare each yacht before it gets loaded onto a flatbed trailer and then transferred to these specialized containers. We understand every inch counts when dealing with valuable cargo like your yacht.

We guarantee its safety against any bumps on the road or waves at sea through extensive knowledge, precise measurements, and custom cradle construction . Trust us to navigate all logistics involved in container shipping because securing your prized possession is not just another task—it’s our commitment to excellence in transportation services .

By Water on Keel

Transporting yachts By Water on Keel is a direct approach where the vessel sails under its own power. It’s a go-to option for many boat owners since it often avoids the complexities of overland transport , such as haulage and road permits.

Our team ensures each yacht is seaworthy before embarking on its journey, using our nautical and marine industry expertise to navigate through international waters safely.

We handle all aspects of voyage planning, from route selection to contingency measures. This method retains the yacht’s integrity and cuts down on potential demurrage by keeping schedules tight and efficient.

Next up are vital steps in preparing your prized possession for her sea voyage – preparing your yacht for transport is next on our list.

Preparing Your Yacht for Transport

Cleaning and inspection are crucial steps in preparing your yacht for transport. Secure detachable parts, protect the exterior, and disconnect batteries. Read on for more detailed information on how to prepare your yacht for shipping!

Cleaning and Inspection of Power Boats

Before shipping a yacht , it is crucial to thoroughly clean and inspect the vessel. This process involves removing any dirt, debris, or marine growth from the hull and ensuring that all parts of the yacht are in good condition for transport.

Inspecting for leaks, damages, or loose fittings can prevent potential issues during shipping . Moreover, cleaning also includes preparing the yacht’s interior by securing loose items and ensuring all areas and equipment are tidy and organized to avoid any damage during transit.

Regularly scheduled inspections help maintain your vessel’s integrity and diagnose potential problems early on before they escalate into costly repairs later on. Addressing minor issues upfront before shipment ensures smooth sailing throughout this exciting relocation phase.

Securing Detachable Parts

After thoroughly cleaning and inspecting the yacht, it’s important to focus on securing detachable parts for safe transport. Removing or safeguarding sails with covers is recommended to prevent damage from wind resistance during shipping.

Additionally, ensure that all stainless steel and chrome fittings are covered to protect against corrosion and secure detachable parts of the yacht during transport. These measures safeguard your yacht and contribute to a smooth and worry-free transportation process.

It’s also crucial to double-check the security of detachable parts before shipping, as even small oversights can lead to significant damages during transit . Taking these steps will help ensure that your yacht arrives at its destination in pristine condition, ready for your next maritime adventure.

Protecting the Yacht’s Exterior

After securing detachable parts, the next crucial step in preparing your yacht for transport is protecting its exterior. Cleaning and inspecting the exterior thoroughly will help identify any existing damage and ensure that it can withstand the rigors of transportation.

One common practice is to use shrink wrap to shield the yacht from elements such as wind, water, and debris during transit. This protective layer acts as a barrier against potential scratches or dents caused by external factors, providing an added level of security for your vessel during shipping.

Another important aspect of protecting your yacht’s exterior is ensuring comprehensive insurance coverage for the vessel’s journey. When choosing a yacht transport company , ensure they offer voyage insurance that includes protection to safeguard your yacht during its transportation process.

Disconnecting Batteries and Draining Fluids

Preparing a yacht and boat for transport involves crucial steps such as disconnecting batteries and draining fluids . These steps are essential to ensure the safety and efficiency of the shipping process. Here’s a detailed guide on disconnecting batteries and draining fluids:

1. Disconnecting Batteries :

Turn off all electrical systems on the yacht before disconnecting the batteries.
Use appropriate tools to remove the battery cables, starting with the negative terminal.
Securely tape or cover the disconnected cables to prevent accidental contact.2 . Draining Fluids :
Drain fuel tanks and lines completely to avoid any potential hazards during transport.
Ensure all water tanks are emptied and plumbing systems are properly winterized if necessary.
Securing Loose Components :
Check for any loose components that could shift during transport, securing them if necessary.
Protecting Electrical Systems :
Cover exposed electrical connections with insulating materials to protect against moisture or damage.
Documenting Preparations :
Keep detailed records of all preparations before transport, including photographs where possible.
Adhering to Environmental Regulations :
Dispose of drained fluids and hazardous waste per environmental regulations .
Obtain necessary permits if transporting hazardous materials separately from the yacht.

The Logistics of Boat Transport

When planning the logistics for yacht transportation, it’s important to consider the timeframes and options available for land and sea transport. Additionally, budgeting for insurance premiums and demurrage fees ensures a smooth shipping process.

Timeframes and Planning

Yacht transport durations vary based on distance, country, shipping method , customs procedures , time constraints , and seasonal considerations . Customs paperwork must be filed a minimum of 72 hours before loading. International yacht transport ports and customs information, including necessary clearances and formalities, are provided.

Consider the Distance : The duration for transporting your yacht overseas is influenced by the distance it needs to travel. Longer distances may require more planning and preparation.
Shipping Method : Different shipping methods have varying timeframes. Lift on Lift off (LoLo), Roll on Roll off (RoRo), Container Shipping, and By Water, on Keel, all have different timelines that must be factored into your planning.
Customs Procedures : Timeframes can also be affected by the customs processes in both the departure and arrival countries. Ensure you are aware of any required paperwork and clearances ahead of time.
Seasonal Considerations : Be mindful of the season when planning your yacht’s transportation. Certain times of the year may have higher demand or specific weather conditions that can impact shipping schedules.
Time Constraints : If you have specific timing requirements for your yacht’s transport, such as attending an event or meeting a deadline at its destination, ensure these are communicated clearly with your chosen transport company from the outset.

Land vs. Sea Options

When transporting your yacht, you must decide between land and sea options. Land transport typically involves using a truck and trailer to move the yacht over roads.

On the other hand, sea transport entails shipping the yacht on a larger vessel across bodies of water.

Land transport is suitable for shorter distances or when no viable water routes are available, offering more control over the timing and logistics of the journey. Sea transport is ideal for longer distances and international shipping but requires adherence to specific maritime regulations and considerations regarding weather conditions and potential delays .

Yacht Shipping Cost Factors and Budgeting

Budgeting for the journey is key as we consider transporting our yacht to distant shores. Understandably, various costs are associated with this process and must be accounted for meticulously to avoid any financial surprises.

Here’s an overview of the primary cost factors involved in yacht transport:

Shipping Method- the method by which the yacht is transported (e.g., LoLo, RoRo, on Keel, or Container): Different methods have varying costs; container shipping may be cheaper than LoLo for smaller yachts.

Distance- travel length from the pickup location to the final destination: Longer distances generally increase the transportation cost.

Yacht Size and Weight- overall dimensions and weight of the yacht: Larger and heavier yachts require more resources to transport, raising the cost.

Preparation Work- cleaning, inspection, and assisting in securing the yacht for transport: Professional preparation may add to the cost, but the job is crucial for a smooth transit.

Insurance- Voyage insurance protects against potential damage during transport. Opting for comprehensive insurance is advisable, adding to the total expense.

Customs and Duties: Applicable customs fees, import duties, and taxes depend on the country. These costs vary by destination and must be calculated into the budget beforehand. There are additional services such as on-deck storage and extra security measures. Extras like these can escalate the overall cost, depending on the level of service chosen.

Land Transportation: Transporting the yacht from the marina to the port and vice versa may be necessary. This can be a significant expense, especially if specialized vehicles are required.

Storage Fees if the yacht needs to be stored at the port before or after shipping: Port storage fees can accumulate daily, impacting the overall budget.

Seasonality: Peak seasons may affect transportation costs due to higher demand. Shipping during off-peak times may reduce costs.

Exchange Rates: International shipping involves currency conversion if dealing with foreign entities. Fluctuating exchange rates can affect the final cost of transportation.

We must keep a keen eye on these factors and prepare a well-rounded schedule and budget. Partnering with a professional yacht shipping company like Cross Chartering Yacht Transport can provide a tailored solution that addresses our needs.

Clear communication ensures that the services we receive are aligned with our expectations and budget. Remember, it’s not just about getting our vessel from point A to point B; it’s about ensuring a safe and secure transit within a reasonable budget, backed by first-class service and comprehensive insurance for optimal protection.

Selecting a Reliable Yacht Transport Company

When selecting a yacht transport company , look for proper authorizations and insurance to ensure the safety of your vessel. Tracking options and excellent customer service are also important factors to consider.

For more in-depth guidance on choosing the right transport company, keep reading!

Authorizations and Insurance

Yacht transport companies provide comprehensive voyage insurance for the vessel’s protection during transport. This insurance ensures the yacht owner is covered in any mishap or damage.

When selecting a reliable yacht transport company , confirming their authorizations and insurance coverage is crucial to safeguard your valuable asset throughout its journey.

Ensuring that the chosen yacht transport company holds proper authorizations and offers comprehensive voyage insurance is vital for peace of mind and protection against unforeseen circumstances during transportation overseas.

Tracking and Customer Service

Once the necessary authorizations and insurance are in place, the next crucial aspect when selecting a yacht transport company is the provision of real-time tracking and reliable local customer service .

Customers should expect constant updates about their yacht’s location and status during transportation. This ensures peace of mind and allows for better planning at the destination port or point of delivery.

Additionally, a responsive customer service team is vital in addressing any concerns or inquiries that may arise throughout the shipping process.

In conclusion, yacht transport involves intricate logistics and meticulous planning for safe and efficient transportation. When shipping a yacht, choosing a reliable company like Cross Chartering Yacht Transport with expertise in vessel conveyance is essential.

Understanding the preparation and methods involved in yacht shipping is crucial for ensuring a smooth and secure transport process . Selecting the right shipping method , preparing the yacht, and working with a trusted transport company is key to successfully transporting your valuable watercraft.

Cross Chartering Yacht Transport will meet all of your yacht transportation needs. Give us a call.

What are my options for yacht transport?

You can have your yacht shipped using water transport or trailer it on a tractor-trailer if it’s the right size.

How do I know how much it costs to ship my yacht?

Pricing for shipping a yacht often depends on its size and the transport distance; some companies might charge a flat fee or by mile. GET A QUOTE HERE

Is there anything I should subscribe to before transporting my yacht?

Yes, you may want to request to join a mailing list or inbox updates from our experts in yacht transports so you can stay up-to-date and get insights that could help you with your shipping needs.

Are people who handle my yacht during transport trustworthy?

Most reputable transport companies conduct background checks on their staff to ensure they are reliable when handling your valuable property, like yachts.

Can I edit details about transporting my yacht after agreeing upon terms?

It’s important to finalize all details ahead of time as editing agreements late in the process might lead to extra fees, such as demurrage charges if changes delay the shipment.

Cross Chartering Yacht Transport is your trusted partner for global yacht transport, shipping, and delivery to North America , the Mediterranean , and Asia .

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Cross Chartering Yacht Transport US 8201 Peters Road Plantation, FL 33324 Phone: +1 (954) 686-6902 Email: [email protected]

Cross Chartering Yacht Transport International Napoleonkaai 39 2000 Antwerp, Belgium Phone: +32-475-43-45-31 Email: [email protected]

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Since 1987, time has been what we value most. With our fixed sailing schedules and two dedicated float-on/float-off yacht transport vessels, you can rest assured that your yacht is on time where it needs to be, which gives you the time to relax, enjoy, or reunite.

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Marine Transportation Insurance: What Yacht Owners Need to Know

Understanding marine transportation insurance

Marine transportation insurance is essential for yacht owners as it provides financial protection in case of accidents or damages. Here’s what you need to know about it:

Marine transportation insurance covers the risks associated with owning a yacht, such as damage from collisions, storms, theft, and vandalism.
Liability coverage is a crucial component of marine transportation insurance, as it protects you from claims made by third parties for property damage or bodily injury.
It’s important to carefully review the terms and conditions of your marine transportation insurance policy to understand what is and isn’t covered.
Working with an experienced insurance provider can help you navigate the complexities of marine transportation insurance and ensure that you have the right coverage for your yacht.

Why yacht owners need insurance coverage

Yacht insurance coverage is essential for protecting your investment. It provides financial security in case of accidents, theft, or damage to your yacht. Without insurance, you would be responsible for covering the costs of repairs or replacements on your own. Insuring your yacht can also protect you from liability in case of accidents or injuries that occur on your vessel. Yacht insurance provides peace of mind and allows yacht owners to enjoy their watercraft without worrying about potential financial losses.

Types of marine transportation insurance for yachts

There are different types of marine transportation insurance that yacht owners need to be aware of. These include:

Hull and Machinery Insurance
Protection and Indemnity Insurance
Freight, Demurrage, and Defense Insurance

Each type of insurance provides coverage for specific aspects of yacht ownership and operation. Understanding the differences between these types of insurance can help yacht owners choose the right coverage for their needs.

Factors affecting insurance costs

Marine transportation insurance costs depend on several factors such as the value of the yacht, its intended use, the cruising area, and the coverage options. The cost can also vary based on the risk associated with the yacht and the level of coverage desired by the owner. Additionally, factors like the size and age of the vessel, previous claims history, and the owner’s experience can impact insurance costs. It’s essential for yacht owners to thoroughly understand these factors to make informed decisions regarding their insurance needs.

Essential coverage for yacht owners

Yacht owners need to ensure they have adequate insurance coverage to protect their investment. Marine transportation insurance is essential for yacht owners as it provides coverage for various risks and liabilities associated with owning and operating a yacht. This type of insurance typically includes coverage for damage or loss of the yacht, liability coverage for accidents or injuries involving the yacht, and protection for personal property on board. Additionally, marine transportation insurance may also offer coverage for expenses related to emergency towing, salvage, and wreck removal. Having the right insurance coverage is crucial to ensure peace of mind and financial protection for yacht owners.

Choosing the right insurance provider

When selecting an insurance provider for your yacht, it’s important to consider several factors to ensure you are getting the right coverage. Here are a few key points to keep in mind:

Look for an insurer that specializes in marine transportation insurance to ensure they understand the unique needs of yacht owners.
Consider the reputation and financial stability of the insurance provider to ensure they can fulfill their promises in the event of a claim.
Compare the coverage options and exclusions provided by different insurers to find the policy that best suits your specific needs.
Seek out an insurance provider that offers responsive and reliable customer service to assist you in case of any issues or emergencies.
Review the terms and conditions of the insurance policy carefully to ensure you fully understand what is covered and any potential limitations.

The application process for marine transportation insurance

Applying for marine transportation insurance involves providing detailed information about your yacht, such as its size, age, value, and where it will be sailing. You will also need to disclose your boating experience and any previous insurance claims. Additionally, the insurance company may require a surveyor to inspect your yacht to assess its condition and value. It is important to be thorough and truthful in your application to ensure you receive the appropriate coverage for your yacht.

Claims process and support

The claims process for marine transportation insurance can be complex, but having proper support can make it easier. When filing a claim, it’s important to gather all relevant documentation and evidence to support your case. This may include photographs, repair estimates, and any communication with other parties involved. Submit your claim as soon as possible to your insurance provider, and they will guide you through the process. Remember, having a good understanding of your policy and clear communication with your insurance representative can help expedite the claims process and ensure you receive the support you need.

Additional considerations for yacht owners

When it comes to yacht insurance, there are some additional considerations that yacht owners need to keep in mind. Here are a few important points to consider:

Yacht insurance policies may have specific requirements for safety equipment, such as fire extinguishers, life jackets, and distress signals. Make sure your yacht meets these requirements to ensure coverage.
Some insurance policies may have navigational limits, meaning they may only cover your yacht within a certain geographic area. Be sure to check and understand the navigational limits of your policy.
It’s essential to be aware of the coverage for personal property on your yacht. Items such as electronic equipment, clothing, and other personal belongings may have limited coverage under your yacht insurance policy.
Some insurance companies may offer optional coverages, such as coverage for pollution liability, salvage, and wreck removal, and even coverage for piracy and war risks. Consider these optional coverages based on your yacht usage and needs.

Conclusion: Ensuring protection for marine transportation needs

Marine transportation insurance is essential for yacht owners to protect their investments. It provides coverage for potential risks such as accidents, damage, and liability. By securing the right marine insurance policy, yacht owners can have peace of mind knowing that their vessel and its contents are adequately protected. Additionally, it ensures that legal requirements for marine transportation are met, safeguarding both the yacht and its owner from unforeseen financial burdens.

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Yacht Insurance

Protect your superior watercraft with superior protection from Chubb.

Chubb has been a leading provider of yacht insurance for over 100 years, offering some of the most comprehensive policies available for private, pleasure watercrafts. Being on the water is an experience of peace, calm, and new adventures on the horizon. It’s an experience you want to protect. Our Masterpiece® Yacht insurance policy offers superior coverage for pleasure yachts 36 feet or greater in length. And for captained vessels 70 feet or greater in length and valued at $3 million or more, our Masterpiece Yacht Preference policy has the specialty coverages you and your crew need.

Masterpiece® Yacht Policy Highlights

Agreed Value Coverage

We pay the entire agreed amount, with no deductible, for a total loss. With our Masterpiece Yacht Select policy, eligible vessels can receive Replacement Cost coverage up to 120%.

Liability Protection

Limits of coverage to suit your personal needs, including: legal defense costs, liability as required by the Oil Pollution Act of 1990, wreck removal, and Jones Act coverage for paid crew.

Replacement Cost Loss Settlement

Repair or replacement of covered property is paid for without deduction for depreciation for most partial losses.

Uninsured/Underinsured Boater Coverage

Pays for bodily injury to persons aboard the insured watercraft who are injured by an uninsured owner or operator of another vessel.

Medical Payments

Reasonable medical and related expenses are included for all those onboard, boarding or leaving the covered vessel. These benefits are provided on a per person basis, rather than per occurrence. Optional and customized limits are available.

Search & Rescue

Up to $10,000 for the expenses incurred by an insured in relation to a governmental unit such as the United States Coast Guard (USCG) who provide emergency aid and assistance are included for no additional charge. With our Masterpiece Yacht Select option, coverage is available up to $25,000.

Longshore and Harbor Workers’ Compensation Act (LHWCA)

When Liability coverage is purchased, coverage is automatically provided for those employed aboard the vessel who are within the jurisdiction of the LHWCA.

Personal Property & Fishing Equipment Coverage

Protection is automatically included for the clothing, personal effects and fishing gear of the boat owner and their guests. Optional higher limits are available.

Coverage for Marinas as Additional Insured

Marinas, yacht clubs and similar facilities where clients keep their vessels are included as Additional Insureds.

Trailer Coverage

We automatically include coverage up to $5,000 for your trailer used with your insured vessel. Higher limits are available.

Emergency Towing & Assistance

Our policy includes this coverage with optional higher limits available.

Boat Show & Demonstration Coverage

We automatically provide this coverage, at no additional charge.

Precautionary Measures

We will pay up to the policy limit the reasonable costs incurred to haul, fuel or dock the insured watercraft endangered by a covered peril.

Bottom Inspection

We will cover the reasonable costs to inspect the bottom of an insured vessel after grounding, stranding, or striking a submerged object. There is no deductible for this coverage.

Oil Pollution Act of 1990 (OPA) Coverage

If Liability coverage is purchased, our policy provides coverage in addition to the Liability limit, up to the required OPA statutory limits, regardless of the Liability limit chosen. Additionally, if the OPA statutory limit is increased in the future, our policy will automatically increase the applicable OPA limit to match the new higher statutory limits.

Temporary Substitute Watercraft

Up to $5,000 to charter a temporary substitute watercraft if the insured vessel is out of commission due to a covered loss and cannot be repaired within 72 hours. With our Masterpiece Yacht Select policy offering, the limit of Temporary Substitute Watercraft is increased to $10,000.

Marine Environmental Damage Coverage

This feature provides protection up to $10,000 for fines and penalties as a result of marine environmental damage, as defined by the policy terms. Coverage is provided in addition to the insured's applicable Liability and OPA limits. With our Masterpiece Yacht Select policy offering, the limit of Marine Environmental Damage Coverage is increased to $25,000.

57% of boating accidents happen on calm days with waves less than 6 inches.

Chubb offers some of the most comprehensive protection and services available rain or shine.

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Masterpiece Yacht Preference

Masterpiece Yacht Preference fulfills the specialty insurance needs of luxury yacht owners with captained vessels 70 feet in length and greater, valued at $3 million or more.

No depreciation applies on the following items

Machinery inside the hull, Personal Property, dingy/tender, and Personal Watercraft.

Emergency Towing Service

We include coverage up to the amount of Property Damage with no deductible.

The medical payments limit offered is on a per occurrence basis, and we will pay costs incurred up to three years from the date of occurrence.

Marina as Additional Insured

The marina, yacht club, or similar facility where the insured yacht is docked, moored, or stored is included as an Additional Insured.

Captain and Crew Coverage

Liability coverage is extended to the captain and crew members serving aboard the insured yacht.

Defense Costs

Defense costs are included in addition to the limit of liability and includes up to $50,000 loss of earnings.

Mooring or Slip Rental Agreement Waiver

When waiver of subrogation is required through a written contract by a yacht club, marina, or similar facility used for the purpose of storage or slip rental, our Masterpiece Yacht Preference policy will permit an insured to waive their rights of subrogation.

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