MARINE INSURANCE

Premier insurance solutions and risk minimization services

MARINE INSURANCE

Premier insurance solutions and risk minimization services

MARITIME RISK EXPERTISE

Companies that have operations on or around the waterfront need specialized marine business insurance to protect themselves.  These marine business insurance products not only protect you from financial harm, but are often a requirement by many employers before you can start working for them.  Whether you are a marine artisan, boat dealer, marina, builder, or shipper, your risks are unique from other land-based businesses.  We have helped the marine industry protect their livelihoods for decades.  We analyze your unique circumstances and design a customized risk management and insurance plan for your needs.

Biscayne Risk and Insurance Group is a proud member of the Marine Industries Association of South Florida (MIASF).

FAQ

Do Marine businesses need insurance?

 Yes, Marine Businesses have a lot to protect.  They need insurance to protect their property, equipment, vehicles, vessels, employees, as well as third party liabilities.

What are some notable risks facing Marine businesses?

  • Employee Injury: Marine businesses need to protect themselves for the costs associated with employee injury due to heavy lifting, operation of specialized equipment, and work from heights.  It is important to train employees on best practices with regards to workplace safety
  • General Liability: Risk can be high for Marine businesses due to potential for waterfront facilities and public access to the premises.  Repair operations are predominant products/completed operations exposure.  Good housekeeping is critical.
  • Property Damage: Combustibility due to the use of flammable liquids in service and repair operations pose a risk for Marine businesses.  Flammables should be properly labeled, stored and separated.  Wind, wind-driven water, and hurricane damage pose catastrophe potential, especially if the operation is close to water.  Theft is also an issue as watercraft and components are high ticket items.

Which insurance coverages are needed for Marine businesses?

Insurance coverages needed for Marine businesses include (but not limited to) Workers Compensation, General Liability, Property, Business Income and Extra Expense, Employee Dishonesty, Bailees Customers, Inland Marine, Pollution, Umbrella, Employment Practices Liability, and Auto including Hired and Nonowned Auto.

How much does insurance cost for Marine Businesses?

Insurance premiums for Marine Businesses will vary based upon several factors.  Each policy is rated on different exposures which may include payroll, revenue, property value, location, driving record, claims history, among others.

How do I purchase Marine Business insurance?

Biscayne Risk & Insurance Group can help guide you through the insurance buying process.  Contact us at 561.571.1001, [email protected], or via the contact form below.

 

MARITIME RISK

EXPERTISE

Companies that have operations on or around the waterfront need specialized marine business insurance to protect themselves.  These marine business insurance products not only protect you from financial harm, but are often a requirement by many employers before you can start working for them.  Whether you are a marine artisan, boat dealer, marina, builder, or shipper, your risks are unique from other land-based businesses.  We have helped the marine industry protect their livelihoods for decades.  We analyze your unique circumstances and design a customized risk management and insurance plan for your needs.

Biscayne Risk and Insurance Group is a proud member of the Marine Industries Association of South Florida (MIASF).

FAQ

Do Marine businesses need insurance?

 Yes, Marine Businesses have a lot to protect.  They need insurance to protect their property, equipment, vehicles, vessels, employees, as well as third party liabilities.

What are some notable risks facing Marine businesses?

  • Employee Injury: Marine businesses need to protect themselves for the costs associated with employee injury due to heavy lifting, operation of specialized equipment, and work from heights.  It is important to train employees on best practices with regards to workplace safety
  • General Liability: Risk can be high for Marine businesses due to potential for waterfront facilities and public access to the premises.  Repair operations are predominant products/completed operations exposure.  Good housekeeping is critical.
  • Property Damage: Combustibility due to the use of flammable liquids in service and repair operations pose a risk for Marine businesses.  Flammables should be properly labeled, stored and separated.  Wind, wind-driven water, and hurricane damage pose catastrophe potential, especially if the operation is close to water.  Theft is also an issue as watercraft and components are high ticket items.

Which insurance coverages are needed for Marine businesses?

Insurance coverages needed for Marine businesses include (but not limited to) Workers Compensation, General Liability, Property, Business Income and Extra Expense, Employee Dishonesty, Bailees Customers, Inland Marine, Pollution, Umbrella, Employment Practices Liability, and Auto including Hired and Nonowned Auto.

How much does insurance cost for Marine Businesses?

Insurance premiums for Marine Businesses will vary based upon several factors.  Each policy is rated on different exposures which may include payroll, revenue, property value, location, driving record, claims history, among others.

How do I purchase Marine Business insurance?

Biscayne Risk & Insurance Group can help guide you through the insurance buying process.  Contact us at 561.571.1001, [email protected], or via the contact form below.

 

COMMON COVERAGES

Business Auto Insurance

Whether you have one vehicle or a whole fleet, we can help you implement custom coverage that will protect your business.

Commercial Property Insurance

Commercial property insurance protects your assets in the event they are stolen, damaged or destroyed in a fire or natural disaster. 

General Liability Insurance

Coverage that protects your business in the event a non-employee is injured or property you do not own is damaged.

Watercraft Insurance

From yachts to shipping vessels to fishing boats, we find the ideal combination of coverage for your watercraft

Business Onwers Insurance (BOP)

A Business Owners Policy (BOP) combines business property and liability insurance into one convenient policy.

Flood Insurance

At least 25 percent of businesses that close after destructive events such as floods never reopen.

Inland Marine Insurance

Inland marine insurance is coverage that protects your business property while it’s away from your business location.

Workers' Compensation

Coverage for employees who are injured on the job or contract work-related illnesses. Workers’ Compensation is usually mandated by state law.

GET STARTED

MARINE

COVERAGES

  • Hull & Machinery
  • Marine General Liability
  • Protection & Indemnity
  • Workers Compensation / USL&H
  • Maritime Employers Liability
  • Environmental Liability
  • Ocean Cargo
  • Bumbershoot
  • Much more…

OUR EXPERTISE

  • Marinas
  • Boat Dealers
  • Boat Yards
  • Boat Builders
  • Importers / Exporters
  • Fishing Operations
  • Tourism
  • Marine Contractors
  • Yacht Brokers
  • Marine Artisans
  • Charterers
  • Divers

MARINE

COVERAGES

  • Hull & Machinery
  • Marine General Liability
  • Protection & Indemnity
  • Workers Compensation / USL&H
  • Maritime Employers Liability
  • Environmental Liability
  • Ocean Cargo
  • Bumbershoot
  • Much more…

OUR EXPERTISE

  • Marinas
  • Boat Dealers
  • Boat Yards
  • Boat Builders
  • Importers / Exporters
  • Fishing Operations
  • Tourism
  • Marine Contractors
  • Yacht Brokers
  • Marine Artisans
  • Charterers
  • Divers

COMMON

COVERAGES

Business Auto Insurance

Whether you have one vehicle or a whole fleet, we can help you implement custom coverage that will protect your business.

Commercial Property Insurance

Commercial property insurance protects your assets in the event they are stolen, damaged or destroyed in a fire or natural disaster. 

General Liability Insurance

Coverage that protects your business in the event a non-employee is injured or property you do not own is damaged.

Watercraft Insurance

From yachts to shipping vessels to fishing boats, we find the ideal combination of coverage for your watercraft

Business Onwers Insurance (BOP)

A Business Owners Policy (BOP) combines business property and liability insurance into one convenient policy.

Flood Insurance

At least 25 percent of businesses that close after destructive events such as floods never reopen.

Inland Marine Insurance

Inland marine insurance is coverage that protects your business property while it’s away from your business location.

Workers' Compensation

Coverage for employees who are injured on the job or contract work-related illnesses. Workers’ Compensation is usually mandated by state law.

GET STARTED

MARINE COVERAGES

  • Hull & Machinery
  • Marine General Liability
  • Protection & Indemnity
  • Workers Compensation / USL&H
  • Maritime Employers Liability
  • Environmental Liability
  • Ocean Cargo
  • Bumbershoot
  • Much more…

COMMON COVERAGES

Business Auto Insurance

Whether you have one vehicle or a whole fleet, we can help you implement custom coverage that will protect your business.

Commercial Property Insurance

Commercial property insurance protects your assets in the event they are stolen, damaged or destroyed in a fire or natural disaster. 

General Liability Insurance

Coverage that protects your business in the event a non-employee is injured or property you do not own is damaged.

Watercraft Insurance

From yachts to shipping vessels to fishing boats, we find the ideal combination of coverage for your watercraft

Business Onwers Insurance (BOP)

A Business Owners Policy (BOP) combines business property and liability insurance into one convenient policy.

Flood Insurance

At least 25 percent of businesses that close after destructive events such as floods never reopen.

Inland Marine Insurance

Inland marine insurance is coverage that protects your business property while it’s away from your business location.

Workers' Compensation

Coverage for employees who are injured on the job or contract work-related illnesses. Workers’ Compensation is usually mandated by state law.

GET STARTED

HOW CAN WE SERVE YOU?

CALL | 561-571-1001

EMAIL | [email protected]

HOW CAN WE SERVE YOU?

CALL | 561-571-1001

EMAIL | [email protected]