You take care to craft a high-quality, high-performance marine vessel. When searching through the available yacht builders insurance brokers, look for one that takes the same care with their clients. Your reputation and business benefit from a broker who holds your values close to heart.
Why Use a Broker
An insurance broker can navigate the different coverage options to cover your risks and liabilities. What types of yachts the company builds as well as the size of the company influence the coverage options needed. Yacht builders insurance brokers tailor their policies to the company often including many of the following in the policy:
- General Liability
- Workers Compensation
- Builder’s Risk/Boats Under Construction
- Ship Repairers Legal Liability
- Business Income Coverage
- Docks and Piers Coverage
- Directors and Officers Coverage
- Jones Act/MEL/USL&H
- Protection and Indemnity and Hull Coverage
- Wind, Hail and Flood Coverage
- United States Longshore and Harbor Workers Act
How to Choose a Good One
Yacht builders insurance brokers who take the time to get to know your business and your company are best equipped to help you ascertain the coverage options you need. You might need some, all or more coverage than listed above. A broker with experience in your line of work can be an invaluable asset. Don’t wait until disaster strikes to analyze your current policy or obtain one.