Yacht insurance premiums generally range between 1% and 5% of the yacht's total value each year. For example, if a yacht is valued at $500,000, the annual premium might range from $5,000 to $25,000.

Renting a yacht can be a luxurious experience, but it comes with significant costs. In addition to the base rental fee, expenses such as fuel, provisioning, and captain services must be considered.

Chartering a superyacht is a more cost-effective way to experience the high seas than buying one. But it's far from cheap. Renting a yacht for that luxury experience can cost millions a week. Here's ...

Living on a yacht can sound like a lot of things and to us, it always sounded bonkers expensive. A dream. But the reality is ...

Luxury yachts are some of the most expensive purchases in the world, with price tags often so high they make lifetime earnings look tiny. Some of them could cover decades or even generations of income ...

The average purchase price of a 20-foot boat is between $10,000 and $60,000. For a boat to be a yacht, it has to carry certain features, and it's more expensive than other boats. Ongoing maintenance ...

An accounting, down to the hull and the Picassos. By Kevin Koenig It’s still yacht season in the Mediterranean, a favorite time of year for paparazzi and close readers of David Geffen’s Instagram. On ...

What type of person can afford a yacht? It’s easy to think of multi-millionaires and billionaires when pondering this question, because few things in this world symbolize wealth and luxury like a ...