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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