Recreational Marine Insurance

• Marinas
• Boat Dealers
• Yacht Clubs including Sail School
• Yacht/Boat Brokers
• Marine Artisans
• Ship Repairer
• Boat Builders

• Boat Brokers’ Legal Liability
• Boat Builder’s Risk
• Boat Dealer Inventory*
• Commercial Auto
• Commercial Property*
• Crime
• Electronic Data Processing
• Employment Practices Liability
• Fine Arts
• Garage Keepers’ and Garage Liability
• General Liability*
• Marina Operators’ Legal Liability
• Marine Excess over Package Policy
• Owned Boats (vessel physical damage)
• Piers, Wharves and Docks*
• Protection and Indemnity*
• Tools and Equipment
• Workers’ Compensation (with incidental USL&H)
• Yacht Club Legal Liability

Boat Dealer Inventory

• Diminished value
  Diminished Value

  The reduced value of the boat dealer inventory (example: inventory vessel) on the difference between the value of covered property before the loss and the fair market value of the property after the damage has been repaired.
• Non-reporting form
• Title E&O
  Title Errors and Omissions Coverage

  This is a coverage for dealerships that pays because of a negligent act, error or omission in the execution of title registration papers, which cause improper identification or non-identification of the mortgagee or legal owner.
• Truth in lending
  Truth In Lending Coverage

  A coverage for a dealership for a negligent act, error or omission, which results in failure to comply with the TRUTH IN LENDING ACT PROVISIONS OF THE CONSUMER CREDIT PROTECTION ACT (PUBLIC ACT 90-32; 02 STAT.14B).
• False pretense
  False Pretense Coverage

  Known sometimes as trick of device coverage, this is for boat dealers and covers the instance of someone causing the insured to voluntarily part with the covered property by trick, scheme or under false pretense for inventory items acquired stock in trade from a seller who did not have legal title.
• Title Recovery Expense
  Title Recovery Expense

  Necessary and reasonable costs that you incur to obtain title and ownership when you acquire boat dealer inventory in good faith from someone who falsely represented to have legal title to that object.
• Off Premise coverage for display, storage, boat show for up to 120 days.

Commercial Property

• Broadening endorsements
• Business income
• Equipment breakdown
• Ordinance or Law

General Liability

• Broadening endorsements
• Hired and non-owned auto liability
• Employee benefits liability
• Increased fire damage
• Sudden and accidental pollution liability
• Liquor liability
  Liquor Liability

  This is for liability arising from alcoholic beverage sales. Exposure could arise from beverages sold packaged, as in a marina store, or from served drinks in a restaurant. If you sell or serve alcoholic beverages, unless it is specifically covered on your policy, you could have no coverage if someone is injured in a subsequent alcohol-related accident.
• Stop gap
• EBLI
• EPLI

Piers, Wharves and Docks

• Debris removal
• Dock business income
• Equipment Breakdown
• Ordinance or law
• Utility service interruption
• Weight of ice and snow
  Weight of Ice and Snow Coverage

  Dock coverage may or may not cover the peril of weight of ice and snow, depending on underwriting discretion. If this peril is covered, it will have its own deductible and underwriting requirements. This is of concern mostly for floating docks, which have roofs where large weights of snow and ice may accumulate possibly causing collapse and consequent claims.

Protection and Indemnity

• Incidental Crew (Jones Act)
  Jones Act

  Under federal law (The Jones Act), masters and members of the crew are not restricted to statutory compensation acts (State Workers' Compensation) and may sue their employers for injuries sustained in the course of employment.
• Personal use of owned and/or boat dealer inventory vessels
• Regatta liability w/ regatta borrowed boat
• Rental boats
• Sailing and Rowing school
• Watersports liability (Towed watersports)
• Work boats