What is Marine Contractors Insurance Coverage?
Many potential exposures exist for marine contractors when engaging in commercial and 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 25% of all businesses 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.
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Marine general liability includes coverage for products and completed operations liability for work performed from watercraft.
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Marine contractors liability provides coverage for property damage to specified third-party property.
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Commercial hull, and protection and indemnity (P&I) protects vessel owners against physical damage to vessels and from legal liability arising from the operation of a vessel.
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Bumbershoot (marine umbrella) provides excess liability protection over both marine and non-marine coverages, including auto liability, general liability and employers’ liability.
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Property and casualty coverages, including property, auto, and business interruption and contractor's equipment.
Who is this right for?
Marine contractors that engage in:
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Pier and dock construction
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Wharf and bulkhead construction
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Breakwater and riprap construction
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Harbor and marina construction
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Bridge maintenance and repair
Related products & solutions
Ocean cargo insurance
For importers, exporters, manufacturers, commodities traders and freight forwarders.
Marine service suppliers insurance
For companies that provide marine services on or around the waterfront, such as ship repairers, terminal operators, boat manufacturers, marinas and more.
Marine transportation insurance
For maritime transportation businesses operating tugs and barges, crew/supply boats, excursion vessels, ferries and more.
Marine property and casualty insurance
Travelers understands the challenges and nuances of the waterfront and has a portfolio of insurance solutions to meet your needs.
Related services
Risk Control
We have one of the largest Risk Control departments in the industry, and our scale allows us to apply the right resource at the right time to meet customer needs.
Ocean Marine Claim
Our knowledgeable Claim professionals will respond to your needs with speed, compassion, integrity and professionalism. It's our business to help keep you in business.
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