Watercraft
Terms and conditions can vary greatly between watercraft policies. You need to partner with both a broker and carrier who has the breadth of knowledge and who has capabilities to protect your property while crossing the world's oceans.
- Worldwide Navigational Limits based and designed on your specific cruising plans.
- High, flexible limits available for your Hull on Agreed Value. You want consistent coverage whether you own a small or large vessel.
- Flexible Deductible Options to suit your individual risk retention needs. Absorbing some of the up-front risk may result in meaningful premium savings.
- Crew Coverage. P&I (Protection and Indemnity) coverage for crew claims under the Federal Jones Act.
- Pollution Protection. Full P&I limit coverage for pollution; additional coverage for marine environmental damage.
- Automatic Coverage for Newly Acquired Vessels. Provides immediate Hull and P&I coverage for newly purchased tenders or vessels. This coverage is valid for 30 days and the insurance carrier must be promptly notified to endorse coverage.
- Precautionary measures. Cost to haul out to protect your watercraft out of harms way from hurricanes, wind, etc.
- Fine Art coverage
- Mechanical breakdown and Emergency Towing
- Removal of Wreck, Search and Rescue