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Marine and Diving Contractor's InsuranceOverview - A number of contractors are involved in shore side and on water contracting activities, such as dock and pier construction, piling and foundation work, dredcging, bridge inspection and commercial diving activities. Drilling contractors and suppliers, caterers and janitorial services and roustabouts also provide services to water-based activities. These firms are faced with marine liability exposures. Applications: Typical Insureds - Any firm, with the above exposures who are seeking the expertise and underwriting skills of an insurance company and agency actively engaged in the marine market. Our typical General Liability Policies for Diving and Marine Contractors and many other marine related businesses differ from most:
Tip:By amending the watercraft exclusion and debris-removal exclusion, a Marine and Diving Contractor's CGL policy can provide coverage that a standard Commercial General Liability with a Protection & Indemnity (vessel liability) endorsement or a standalone Protection & Indemnity Policy would exclude. Minor details like this are critical if an exposure is not covered!Be sure to check your Workers' Compensation coverage for USL&H exposure, if needed. |
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Last updated: December 16,2017 |