Shipyard Insurance


Shipyard Insurance


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Shipyards are where vessel owners turn to when their vessels are in need of repairs or when they are looking to purchase a newly constructed vessel. Unlike marinas, shipyards typically do not offer long-term dockage, and they often cater to an equal distribution of private pleasure vessels and commercial vessels.  It is not uncommon to see dozens of independent contractors conducting business throughout the yard, which can make it challenging for the shipyard to keep control of the situation. We work with our clients to construct a risk control strategy which helps to bring order to a normally chaotic environment.  It is imperative that all contractors who step foot on the property are adequately insured, and we use our knowledge and experience to guide the client through this process.

What you need to know

Shipyard owners find themselves in a unique situation where they are not only responsible for the vessels in their care, custody, or control, but they are also responsible for the actions of those who are conducting business on their premises. For that reason, it is imperative that an insurance program be devised to respond to all these scenarios.  Additionally, employees who are working on a navigable waterway are subject to the Longshore and Harbor Workers’ Compensation Act and there are strict penalties to the shipyard if adequate coverage is not purchased. It is extremely important to work with a marine insurance broker who can help you navigate through the various coverages which are tailored to a shipyard.

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.