Having the right coverage for your investment is vital for running a successful maritime business. Proper protection is even more important if you or your employees aren’t present on the boat during its operation. Whether your focus is bareboat rentals, a boat club, a marine B&B or otherwise, if you manage a maritime rental business, it is necessary to protect your investment not just while your boat is docked but also while your customers are on board.
Recent changes in the market have severely impacted the number of carriers providing coverage for boat rental insurance. However, we have access to several carriers still writing these classes of marine business policies. Through our network of trusted carriers, we offer a wide range of boat rental insurance and other marine rental insurance policies covering a variety of businesses to meet your unique needs.
The programs that our carriers provide within these lines of business can vary significantly, so it is important to have a full understating of the policy being provided and the requirements placed on the business to maintain compliance with the insurance provisions. As you know, it is important to work with a boat rental agency with experience in your particular niche.
At Maritime Insurance International, our agents have been working on these types of accounts for over 20 years, and we are eager to put our boat rental insurance expertise to work for you. With a deep understanding of the opportunities and responsibilities offered by these types of policies, we can help ensure that your business is protected even when you aren’t there to oversee your investment directly. Contact us today!
Vessels over 26’ will generally require a recent hauled survey to be eligible for the program. Under certain conditions, this can be waived. If you wish to receive more information you can reach one of our commercial underwriters at 843.606.5270.
Insurance available for:
• Power & Sailing Vessels
• Pontoon Rentals
• Available for businesses selling memberships into a Boat Club
• Commercial General Liability available if required
Bed & Breakfast Rentals
• Allows for overnight charter of the vessel without a Captain on-board
• Allows for both short and long term rental of your vessel
• Programs available throughout the US & Caribbean