INSURANCE MARINE AND MARITIME
Boat repairers
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Insuring the activity of boat installers and repairers is complex, as it requires knowing the sector, the company, its activity and how it carries it out. Some of the most important details are:
- Specific sub-activity: electronics, engines, rigging, painting, welding, interiors, woodwork, sails, etc.
- Do you work with other professionals?
- What type of boats do you build or repair?
- Where is the work carried out: large marinas, workshops, afloat at the mooring or at sea?
It is essential to have a professional who understands the different activities, the requirements of the ports, the regulations of the port authorities, the right levels of the limits underwritten and, in short, who truly understands the company.
At BCS Mallorca we have spent more than 4 decades protecting our clients’ businesses and advising them on the cover they need to protect their risks in the best possible way.
The most important covers linked to the repair of ships and boats are:
- Public and professional liability for boat repairers.
- Damage to the boats being repaired.
- Damage to the parts repaired.
- Liability for property in custody.
- Cross and subsidiary liability.
- Products and completed-works liability.
- Employers’ liability.
- Tenant’s liability.
- Liability for detention of the boat.
- Accidental pollution liability.
- Environmental liability.
- Off-site work.
- Hot work.
Insurance companies may have their own policy wording or adhere to standard wordings such as the Shiprepairer’s Liability Legal Liability LSW 169A.
- Specific sub-activity: electronics, engines, rigging, painting, welding, interiors, woodwork, sails, etc.
- Do you work with other professionals?
- What type of boats do you build or repair?
- Where is the work carried out: large marinas, workshops, afloat at the mooring or at sea?
It is essential to have a professional who understands the different activities, the requirements of the ports, the regulations of the port authorities, the right levels of the limits underwritten and, in short, who truly understands the company.
At BCS Mallorca we have spent more than 4 decades protecting our clients’ businesses and advising them on the cover they need to protect their risks in the best possible way.
The most important covers linked to the repair of ships and boats are:
- Public and professional liability for boat repairers.
- Damage to the boats being repaired.
- Damage to the parts repaired.
- Liability for property in custody.
- Cross and subsidiary liability.
- Products and completed-works liability.
- Employers’ liability.
- Tenant’s liability.
- Liability for detention of the boat.
- Accidental pollution liability.
- Environmental liability.
- Off-site work.
- Hot work.
Insurance companies may have their own policy wording or adhere to standard wordings such as the Shiprepairer’s Liability Legal Liability LSW 169A.
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