Marina
Insurance


Marina
Insurance


Home / Marine Insurance / Marina Insurance

With over 16 million registered vessels in the United States, there is a shortage of space for all of them to find a place to dock. The most common home for these vessels is a marina, which generally cater to pleasure craft vessels. In exchange for providing a safe harbor, owners are required to pay a set fee. The price is typically determined by the size of the boat or yacht and the duration of its stay. But space and time are not the only considerations.

One reason mooring fees can be quite steep is that the owner of the marina is responsible for every boat in his harbor. If anything should happen to them while in the marina owner’s care, custody, or control, he may be ordered to cover the cost of repairs. That is, unless there is adequate insurance in place. Whether damage is the result of an accident, vandalism, or a storm, the right coverage package can fully protect your place of business and your livelihood.

What you need to know

There’s no such thing as a one-size-fits all marina insurance policy as each marina has its own set of unique characteristics. We will conduct a thorough review of your exposures and customize a comprehensive package to meet your specific needs. Additionally, we work with our carrier partners to do on-site visits to assess risk exposures and devise a loss control program which will help mitigate the risk to the marina; thus reducing the likelihood of a catastrophic loss. A generic policy may or may not include the following coverage options: harbor insurance, marine employer’s liability, protection and indemnity, marina operator’s legal liability, and sudden and accidental pollution. There are additional specific options that can be used to insure individual piers, wharves, and docks.

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.