Boat Transporters’ Insurance
You're covered.
For the risks associated with transporting boats and superyachts over land or water.
Boat transporters, often referred to as marine cargo insurance or insurance for boat transporters’, is a specialised type of coverage designed to protect against the risks associated with transporting boats and yachts over land or water. This insurance is crucial for companies and individuals involved in the business of moving boats from one location to another, ensuring they are protected against potential losses, damages, and liabilities.
Boat Transporters’ Insurance
Key Features.
The following shows the standard key features for our Boat Transporters’ Insurance policies. Yet, at Superyacht Insurance Services, our products and service are anything but standard. We will work with you to design and build a bespoke policy that is uniquely tailored to you and your superyacht.
Cargo Coverage
Physical Damage
Covers physical damage to boats and yachts during transport due to accidents, collisions, overturning, theft, vandalism, and weather-related incidents.
All-Risk Policies
Some policies offer all-risk coverage, protecting against all perils except those specifically excluded.
Liability Coverage
General Liability
Covers legal liabilities for bodily injuries or property damage to third parties that occur during the transportation process.
Pollution Liability
Provides coverage for accidental pollution incidents that may occur during transport, such as fuel spills.
Loading and Unloading Coverage
Accidental Damage
Protects against damages that occur while loading or unloading boats, including crane operations and handling mishaps.
Transport Vehicle Coverage
Motor Truck Cargo
Covers the transporting vehicle (truck, trailer, or vessel) against damages sustained while carrying the boat.
Trailer Interchange
Provides coverage for trailers used in the transport process that are owned by another party.
Legal and Regulatory Compliance
Permits and Certifications
Assists in covering the costs associated with obtaining necessary permits and certifications for legal transport.
Regulatory Fines
Covers fines and penalties incurred due to unintentional regulatory breaches during transport.
Temporary Storage Coverage
Storage Protection
Provides coverage for boats temporarily stored during transit, protecting against theft, fire, and other risks.
In conclusion.
Let's talk.
Boat transporters’ insurance is an essential component of a comprehensive risk management strategy for businesses involved in the transportation of boats and superyachts. Therefore, by securing this type of insurance, transporters can protect their financial interests, ensure operational continuity, and provide peace of mind to their clients. This coverage offers a robust safety net against the various risks and liabilities associated with moving high-value marine vessels, supporting the stability and growth of the transporter’s business. If you’d like to arrange cover, please get in touch.
