While many brokers carry the requisite general liability policy to meet minimum requirements, several inherent marine exposures often go uncovered. Let us assist in providing a more comprehensive and specialized insurance plan for your business. Contact us today for a yacht broker insurance quote.
About Yacht Brokers Insurance
If your brokerage is showing boats, taking sea trials/tests, giving demos/deliveries, showcasing at boat shows, or executing brokerage contracts, then you need a policy to cover these exposures inherent to your business.
If you are servicing, repairing, or altering one of your brokerage boats, then this is another coverage you need that is not in most general liability policies. It is also vital to know how 1099 Sales Associates are insured (or not) under your current policy, as we have found that there is a great misunderstanding about 1099 Sales associates and their coverage under a dealer policy.
Why Maritime Insurance?
At Maritime Insurance, we have specific agents to assist with Yacht Broker Insurance. With one phone call, we can have one of our experienced agents talk through your details and necessary coverages to ensure your adequately covered. We insure yacht brokerages all over the country and offer a policy that will cover your unique brokerage.
Types of Coverage Available
Insurance available for:
• Protection & Indemnity Insurance
• Marina Operators Legal Liability (Care, Custody, & Control)
• Owned inventory, in the event you ever take title to vessels
Our Customers Love Us
As a matter of context, this was our first boat ownership experience. So Adam did a great job walking us through the various boater-related risks and perils and related coverages, including how the boat insurance integrates with our other insurance coverages (umbrella). He made excellent recommendations and was a terrific thought partner. His service was professional and he delivered as promised. And while I hope that I’ll never need to file a claim, I am confident I can count on Adams continued professionalism and support should that day come.
About Yacht Brokers Insurance
If your brokerage is showing boats, taking sea trials/tests, giving demos/deliveries, showcasing at boat shows, or executing brokerage contracts, then you need a policy to cover these exposures inherent to your business.
If you are servicing, repairing, or altering one of your brokerage boats, then this is another coverage you need that is not in most general liability policies. It is also vital to know how 1099 Sales Associates are insured (or not) under your current policy, as we have found that there is a great misunderstanding about 1099 Sales associates and their coverage under a dealer policy.
Why Maritime Insurance?
At Maritime Insurance, we have specific agents to assist with Yacht Broker Insurance. With one phone call, we can have one of our experienced agents talk through your details and necessary coverages to ensure your adequately covered. We insure yacht brokerages all over the country and offer a policy that will cover your unique brokerage.
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