We Construct Insurance
Programs for Boat Builders

Find out more about our insurance programs.

a62ed6a0330a065145c3b433cb7933b0

Merrimac Marine:
Specialists in Insuring Boat Builders

The same distinctions that are the hallmarks of a valued boat and yacht builders – craftsmanship, quality, and performance – should also be those of the professional you choose to help you with your client’s insurance program. Merrimac Marine Insurance specializes in providing insurance for the recreational and commercial marine industries, including for boat builders and boat manufacturers.

We are dedicated to securing quality insurance products that perform when it comes to responding to the challenges boat builders and boat manufacturers face. With fierce foreign competition, the pressure for environmentally sound practices and tightening profit margins, having Merrimac as your partner serves your insureds well.

We provide added value in everything we do, which helps our agency partners deliver a total insurance package at competitive rates. Our longstanding relationships with our network of carriers in the admitted and non-admitted markets have weathered both hard and soft markets, providing you and your clients with the stability you need to have protection in place today and into the future.

1272b5be7dea25afea869b442af570e5

Complex Risks for Boat Builders Require Industry Experience, Comprehensive Coverage

With boat and yacht builders facing increasingly complex risks, put our experience and expertise to work to protect your insured’s investment, equipment, and boatyard in the event of an accident, disaster, or litigation.

Whether your insured builds boats for leisure or luxury or industrial purposes, for private or commercial clients, we offer the insurance solutions to the marine industry to address their unique exposures. This includes covering the vessel from start to finish as it is being built, during launching and sea trials as well as for collision and P&I.

Marine Insurance Policies

We provide critical coverages for the recreational marine and commercial or light marine industries to protect against
financial losses in the event of an incident or accident. We offer a portfolio of optional coverages, as well.

 

Property Coverages:

  • Business Property/Buildings (including piers & docks)
  • Business Personal Property
  • Inventory
  • Crime Coverage
  • Business Income
  • Builders Risk/Boats Under Construction
  • Mobile Equipment/Lifts/Tools
  • Docks and Piers
  • Wind, Hail and Flood

Liability Coverages:

  • General Liability
  • Marina Operators Legal Liability
  • Ship Repairers Legal Liability
  • Protection and Indemnity and Hull coverage
  • Commercial Automobile Coverage
  • Umbrella and Bumbershoot
  • Directors and Officers
  • Pollution Liability

Employee Coverages:

  • Workers Compensation Policy
  • United States Longshore and Harbor Workers Act
  • Jones Act /MEL/USL&H

 

Boat and yacht builders over thousands of years have honed their skills and developed products that drive an entire
industry with modern craftsmen truly merging art and science. Merrimac is here to continue to protect the industry
and the people behind it with a broad spectrum of marine insurance and risk management solutions.

Image
89098c1f43ee2b0e89eb799bf85be86c

Marine Insurance Is What We Do, All Day, Every Day

Our focus is on the recreational and commercial marine industries, with our clients ranging from middle-market to large global companies within the specialized marine industry. We are available to assist agents in safeguarding your clients against risk and expanding your footprint in this market. We can help your review your clients’ and prospective businesses’ existing coverages and each insurance policy to assess if their insurance program properly addresses their risks. Our specialists will also review their cost of their program to determine if we could save your clients money. Give us a call at 800.681.1998 or complete the form on this page for more information.