Recreational Marine
For clients that cater to the recreational needs of the boating customers, SIU can provide coverage for all facets of their operations. Target classes include Rental Boat operations and Marinas. For marinas with heavier restaurant and habitation exposures, SIU can split out the marine coverage and allow our Commercial P&C department to place the remaining coverage!
MARINAS
- Moorage
- Storage
- Repair
- Fueling
- Hauling, Campgrounds
- Restaurants
- Pools
- Stores
YACHT/BOAT CLUBS
- Club Members
- Volunteers
- Directors & Officers as insureds
- Sailing Regattas
- Sail boat races and boating instructional programs included
BOAT DEALERS (Including Brokers)
- Demos
- Inventory on new, used & consignment boats
- Jet Skis
- ATV
- Recreation Equipment
MANUFACTURERS (Boat or Marine Products)
- Construction
- Trials/Testing
- Marine Electronics
- Marine Furniture
- Fixtures & Hardware
- Boat Stands
- Boat Lifts
- Boat trailer manufacturing will also be considered
- Coverage Highlights
- Additional Coverage
- Requirements
- Commercial General Liability including products, completed operations and contractual liability
- Commercial Property (Business income and extra expense for property and docks)
- Dock Physical Damage
- Tools
- Inland Marine Equipment
- Marine Builders Risk
- Boat Dealer Inventory
- Marine Liability (Marina Operators Legal Liability, Ship Repairers Legal Liability); Excess Marine Liability
- Protection & Indemnity
- Maritime Employers Liability
- Non-owned/Hired Liability
- Employee Benefits Liability
- Truth-in Lending Act Liability
- Title Error & Omissions
- Employee Dishonesty
- Limited Pollution Liability
- Liquor Liability
- Minimum Premium Varies by class
- Complete application and 5 year loss history needed
- Supplemental Applications may be needed
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From Insurance Business America