Owner liability is the same as if chartering your yacht out to paying guests. Hull Insurance MUST be in place for the required delivery area. The current yacht insurance on the yacht must be updated and made aware of the delivery in advance. All Delivery crew onboard will be qualified to sail in the required areas which should suffice yacht insurance. Delivery Skippers all hold professional skipper insurance with a minimum of 3rd party liability insurance whilst undertaking any delivery. Fully comprehensive delivery insurance can be added as an extra but normally the yachts main insurance can work out a cheaper option for this. And damages are rare.