Marine Artisan Insurance Coverage
Anchor Marine has several programs designed to cover marine artisans, which are individuals or small businesses involved in boat maintenance, service and repair. All need marine artisan insurance coverage.
Typically, they will work at the vessels location in marinas or yards owned by others, work on private pleasure or small commercial watercraft and have gross receipts of $500,000 per year or less. Some examples include businesses that:
- Repair and/or install:
- Electronics and electrical systems
- Canvas, sail and upholstery
- Repair or service engines
- Detailing or cleaning
- Carpentry and woodworking
The owners of these businesses need three different types of liability insurance to cover their exposures.
First, they need General Liability protection which will cover them if someone is injured while they a performing their work and provides products and completed operations coverage which covers them for damages that occur as a result of the work.
Second, they need Ship Repairers Legal Liability which covers damage that occurs to a customer’s vessel while it’s in their care custody and control and for which they are legally liable.
The third is Protection and Indemnity which covers them if they are operating customers’ vessels for sea trials or repair.
Obtaining insurance to cover all these exposures may seem a bit overwhelming, but Anchor Marine has a number of programs that package these coverage’s together in a single policy and also provide optional coverage’s for tools and equipment, work boats and pollution.
Call us or e-mail us for a marine artisan insurance quote today!