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  • What Is Marine Contractors Insurance Coverage?

What Is Marine Contractors Insurance Coverage?

Many potential exposures exist for marine contractors when engaging in commercial and residential construction activities on and around the waterfront.  Large-scale weather events and fire are just two of the major and common perils that can halt business and sink profits. With 40% of all business owners failing after experiencing a disaster1, it's important to protect your business.

Travelers understands the marine construction business inside and out and will be responsive to your insurance needs. We can provide tailored protection for your marine and non-marine exposures as well as specialized Risk Control and Claim services to ensure you’re protected before, during and after a loss.

Marine Contractors Insurance Coverage

Travelers offers a broad package of specific coverages designed to protect marine contractors.

  • Marine general liability includes coverage for products and completed operations liability for work performed from watercraft.
  • Marine contractors liability provides coverage for property damage to marine structures.
  • Commercial hull, and protection and indemnity (P&I) protects vessel owners against physical damage to the ship and legal liability.
  • Bumbershoot (marine umbrella) provides excess liability protection over both marine and non-marine coverages, including auto liability, general liability and employers’ liability.
  • Contractor’s equipment with waterborne coverage.
  • Property and casualty coverages, including property, auto, and business interruption.

Who Is Marine Contractors Insurance Coverage Right For?

Marine contractors that engage in:

  • Pier and dock construction 
  • Wharf and bulkhead construction
  • Breakwater and riprap construction
  • Harbor and marina construction
  • Bridge maintenance and repair

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Related Products & Solutions

Ocean Cargo Insurance

For importers, exporters, manufacturers, commodities traders and freight forwarders.

Marine Services Suppliers Insurance

For companies that provide marine services on or around the waterfront, such as ship repairers, terminal operators, boat manufacturers, marinas and more.

Marine Transportation Insurance

For maritime transportation businesses operating tugs and barges, crew/supply boats, excursion vessels, ferries and more.

Marine Property and Casualty Insurance

Travelers understands the challenges and nuances of the waterfront and has a portfolio of insurance solutions to meet your needs.

Insights & Expertise

Man creating a business continuity plan on a board

Business Continuity Planning in 4 Steps

Having a strategy – before an event happens – helps to maximize the chance your business can recover while minimizing the loss of property, life and assets.

contractor reviewing contract plans

What Is Contractual Risk Transfer?

Making sure you're not held responsible for mistakes or errors made by a service provider, subcontractor or other party can be critical to protecting your business.

A box

Two Types of Liability

Product liability can generally be broken down into types of liability: negligence and strict liability. Learn more to help protect your company from liability risk.

Related Services

Risk Control

We have one of the largest Risk Control departments in the industry, and our scale allows us to apply the right resource at the right time to meet customer needs.

Ocean Marine Claim

Our knowledgeable Claim professionals will respond to your needs with speed, compassion, integrity and professionalism. It's our business to help keep you in business.

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Resources

  • Ocean Marine Contacts
  • Anticipate and Prevent Growing Ocean Marine Risks
  • Ocean Cargo Special Policies
  • How Well Do You Understand Your Cargo Theft Threats? [Video]

For Agents

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The Travelers Indemnity Company and its property casualty affiliates. One Tower Square, Hartford, CT 06183
This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations.
All rights reserved. Travelers and the Travelers Umbrella logo are registered trademarks of The Travelers Indemnity Company in the U.S. and other countries.