Boat Manufacturer Insurance

Craftsmanship, quality, performance, marketing and value pricing are all part of business strategy success for boat manufacturers. Whether you build boats for leisure or luxury or industrial purposes, for private or commercial clients, protecting your business with the right insurance product should also be part of your business plan. As with any business in the manufacturing sector, there is inherent risk. Regardless of the size of your business you need to protect your investment, equipment and boatyard in the event of an accident, disaster or litigation.

Comprehensive Policy

We know that boat builders need to guard against risks before and after the launch of any vessel. Our strength lies in our understanding your needs and offering solutions that will protect you against a myriad of potential problems in all aspects of your business, including:

Property Coverage, for example:

  • Inventory
  • Business property: buildings (incl piers & docks), business and personal property, business income
  • Heavy equipment, machinery, docks, piers
  • Boats under construction
  • Business interruption

Liability Coverage, including:

  • General liability
  • Commercial automobile
  • Crime
  • Pollution
  • Marina operators and ship repairers legal liability
  • Umbrella
  • Protection & Indemnity including sea trials

Optional Coverages Available:

  • Flood
  • Wind
  • Pollution
  • Storage tank liability

Marine Industry Expertise

Our company works with all facets of the marine industry, offering comprehensive insurance products for a variety of clients. We pride ourselves on our boating industry expertise as well as our comprehensive coverage tailored to the size and complexity of risk for each marine business. Should your boat manufacturing business need to make an insurance claim, you will find our insurance professionals offer prompt, quality service.

Having the right insurance coverage is key to building a strong, stable business. Speak with a Global Marine Insurance representative to have a customized plan created for your company.

 

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