Commercial Watercraft Insurance

Designed for:

Commercial vessel owners or operators, tug and barge operators, marine transportation operators, excursion vessels, marine contractors, boat or ship builders.

Vessel and Operations that fit this program include:

• Commercial Fishing Vessels
• Launches
• Dredges
• 6 Passenger Sport-fishing Charter Boats
• Ferries
• Tour Boats
• Head Boats & "Party" Boats
• Inland & Coastal Tugs and Barges
• Builder’s Risk
• Tow Boats
• Various Vessels of Specialized Use
• Pump Out Boats
• Fire, Police, Patrol Boats

Coverages Offered include:

• Commercial Hull Coverage including:
  • Physical damage to the hull caused by fire explosion and other marine perils
  • Damage to machinery and othe equipments and apparatus installed on the vessel
  • Collision and liability & excess collision liability available
  • Additional coverage is available for strikes, riots and war risks
• Protection & Indemnity Coverage includes:
  • Personal injury
  • Loss of life
  • Third-party property damage
  • Other vessel related expenses incurred duting its operation
  • Crew Coverage protects against liability for loss of life or personal injury (Jones Act)
  • Defense coverage against suits by third parties
• Excess limits available
• Pollution liability available