Products / Coverages

Yachts

Target Market:

Private pleasure yachts including full time cruisers, liveaboards, custom & semi-custom sportfish, trawlers and long-range cruisers, used for recreational boating and occasional charter.
Eligible Risks:
- Vessels with hull values ranging from $250,000 to $5,000,000.
- Navigational limits for coastal and inland waters of the United States, Canada, Mexico and the Caribbean.

Coverages:
- Agreed value on hull and machinery
  Commercial towing & assistance
  Personal property coverage
- Coverage for tenders, personal watercraft, additional vessels and miscellaneous watercraft.
- Protection & indemnity (liability) coverage
  Medical coverage
  Uninsured/underinsured and unidentified watercraft coverage
Enhance Coverages:
- Additional Living Expenses (in the event of a breakdown)
- Charter Reimbursement
- Loss Dockage Expense
- Precautionary Haul Out
- Tournament Entry Fee Reimbursement
- Loss of Charter Hire
- Loss of Use
- Dockside Liability
- Fine Arts
- Fishing Gear
- Marine Environment Damage
- Newly Acquired Vessels
- Captain & Crew Coverage
- Bottom Inspection
- Galley Supply & Provisions
- Insured Property on Shore
- Passport & Essential Documents
- Trailers

Application

Commercial Vessels

Target Market:

Commercial fishing vessels primarily used for lobstering, scallops, crabbing, dragging, gill netting, rod & reel fishing and occasional six pack charters.
Eligible Risks:
- Vessels with hull values ranging from 30,000 to $2,000,000.
- Navigational limits for coastal and inland waters of the United States, Canada, and Mexico.

Coverages:
- Agreed value on hull and machinery
  
  Commercial towing & assistance
  
  Personal property coverage
- Protection & Indemnity (Liability) Coverage
  
  Medical coverage
  
  Uninsured/underinsured and unidentified watercraft coverage
- Builders risk
- Occasional charter
Enhance Coverages:
- Navigational Electronics
- Loss of Use
- Charter Reimbursement
- Precautionary Haul Out
- Passport & Essential Documents
- Trailers
- Marine Environment Damage
- Captain & Crew Coverage
- Pollution Buy Back

Application

Charter Boats

Target Market:

Professionally captained vessels operating commercially as six pack charters, USGC inspected vessels and fishing guides carrying passengers for hire.
Eligible Risks:
- Vessels with hull values ranging from 30,000 to $2,000,000.
- Navigational limits for coastal and inland waters of the United States

Coverages:
- Agreed value on hull and machinery
  Commercial towing & assistance
  Personal property coverage
- Protection & indemnity (liability) coverage
  Medical coverage
  Uninsured/underinsured and unidentified watercraft coverage
Enhance Coverages:
- Navigational Electronics
- Precautionary Haul Out
  Charter Reimbursement
  Loss Dockage Expense
  Fishing Gear
  Tournament Entry Fee Reimbursement
  Loss of Charter Hire
  Excess Catch
  Captain & Crew Coverage
  Passport & Essential Documents
- Insured Property on Shore
  Marine Environment Damage
  Bottom Inspection
  Trailers

Application

Marinas

Marinas have varied physical shapes and sizes, offer a diverse range of services and lend themselves to different ownership arrangements. Full-service marinas have become lifestyle destinations with high level facilities catering to the hospitality and entertainment of their customers.

Target Market:

Marinas, piers & docks, boat dealers, yacht clubs and boat builders, boat yards, marine artisans and ancillary non-marine exposures.

Coverages:
- Property
  Building & contents
  Owned watercraft
  Boat dealer inventory
  Machinery & equipment
  Boat dealers physical damage
- Liability
- General liability
  Protection & indemnity
  Marina operators legal liability
  Yacht brokers legal liability
  Regatta liability
  Sudden & accidental pollution
- Piers & docks
- Non-owned auto
- Workers compensation
Enhance Coverages:
- Abuse & Molestation for yacht clubs
- Crime
- Fine Arts
- Flood
- Liquor Liability
- Data Breach & Cyber Liability
- Directors & Officers Liability
- Equipment
- EPLI