If you have clients who work in the marine industry, then it is up to you to provide appropriate options that protect your clients against a variety of risks. Here is what you need to know about the risks and coverages of the marine industry.
Marine Industry Risks
In the marine industry, a client’s risk depends heavily on the type of business that they run. For those who own marinas, one major risk is property damage. If someone steals, vandalizes or otherwise damages someone’s property, the owner could hold your marina liable. For many businesses, liability insurance is among the most important. However, a marine surveyor may have very different risks than a boat dealership.
Marine Insurance Options
There are a variety of different insurance options that can benefit those in the marine industry. Partnering with a marine insurance company guarantees that you will have information and solutions at the ready for your clients. The experts in marine insurance can assist you in finding the insurance options best suited to your clients.
Insurance options are available for the following industry segments:
- Ship repairers
- Boat and yacht builders
- Marine surveyors
- Commercial marine
Unique options are available to all different businesses within the marine industry.
In the marine industry, there are very specific insurance options that you need to deliver to your clients. Not only do they have unique risks, but those who work in the marine industry may have a varying degree of different risks.