Charter and Passenger Boat Insurance


Charter and Passenger Boat Insurance


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From emergency equipment to insurance coverage, vessels that carry passengers for hire must meet more stringent requirements than those that are used for recreational purposes. The reason for this is simple – potential lawsuits. If your boat is not up to code and someone is accidentally injured on board, you can be sued for everything you’re worth.

Your vessels must be protected by comprehensive insurance. Not only does this help your company protect its investment, it also helps you comply with foreign and domestic laws. No company in the United States should charter vessels without being properly insured.

What to do?

The safety issue is straightforward. The United States Coast Guard will inspect your vessel free of charge. If your boat passes a safety check, it will be awarded a U.S. Coast Guard Auxiliary Decal that informs all passengers and authority figures that your boat is in full compliance with Federal and State boating laws.

How can we help?

The insurance issue is a bit more complicated. Since quotes and coverage options are based on many factors, every marine insurance policy is different. The most pressing considerations include the age and size of the vessel(s) as well as how it will be used. Contact us for a no obligation quote to learn how we can help you protect your assets and exposures.

Every service provider that charges passengers for transport must have liability insurance. The minimum amount of insurance coverage is determined by the number of passengers the boat can safely carry each trip. For obvious reasons, a larger vessel that has a higher seating capacity will require more insurance than a smaller one. Liability insurance covers bodily injury, death, and property damage.

Call Brown & Brown today!

As we mentioned at the outset, the safety standards for passenger vessels are far more rigorous than they are for private pleasure crafts, and that includes insurance coverage. The average marine insurance policy is designed to address every conceivable risk exposure and contingency. Not surprisingly, it’s often all Greek to boat owners. We will clarify any questions or concerns you may have.

Our experienced agents will tailor a policy to meet your specific needs. They will take the time to explain each option so that you understand exactly what’s covered and the premium for that coverage. Depending on the amount of risk involved in your business, our agent will make specific recommendations that will minimize your exposure for any loss, physical damage and/or liability.

Insurance is an ever-changing industry. Agents and carriers must stay abreast of all market trends in order to provide competitive insurance solutions. As the largest insurance agency in the state of Florida, Brown & Brown is committed to helping businesses and individuals protect their assets. Our marine division is comprised of experienced agents to handle all of your charter insurance needs.

 

REQUEST A QUOTE

For a quick quote, please fill out the form today. One of our licensed agents will contact you. There is absolutely no cost or obligation. In addition to price quotes, our Fort Lauderdale agents can review your current coverage and make recommendations on how you might improve it.

Brown & Brown, Fort Lauderdale, Florida

Brown & Brown of Florida, Inc. - Fort Lauderdale

1201 W. Cypress Creek Road, Suite 130
Ft Lauderdale, FL 33309

Ph: 954-776-2222
Fax: 954-776-4446

We Are Here To Help

Contact us today for a free consultation.

Brown & Brown, Fort Lauderdale, Florida

Brown & Brown of Florida, Inc. - Fort Lauderdale

1201 W. Cypress Creek Road, Suite 130
Ft Lauderdale, FL 33309

Ph: 954-776-2222
Fax: 954-776-4446

We Are Here To Help

Contact us today for a free consultation.

© Brown & Brown of Florida, Inc. - Fort Lauderdale 2021. All Rights Reserved.

© Brown & Brown of Florida, Inc. - Fort Lauderdale 2021. All Rights Reserved.