An unpredictable weather, heavy-duty machinery, and unexpected disasters, that’s where  Commercial marine insurance helps ease your mind and offers you a second line of defense during hard times.
When your boat is your livelihood, it’s important to have adequate protection in place to reflect your risks—not only for the vessel itself, but its crew and any other third parties.

“Giving You Peace Of Mind On The High Seas With Commercial Marine Insurance”

We represent quality, knowledgeable commercial vessel insurers, and we can help you customize a commercial boat insurance policy to best protect your needs for your vessel and your business. As the vessel owner, you are ultimately responsible for anything that happens aboard your vessel. From commercial fishing vessels to tugboats, passenger charters and rental vessels, we specialize in both Protection & Indemnity and Hull & Machinery coverages. Our goal is to understand your specific commercial use and provide tailored coverage options to protect you while working on the water. We create coverage that is tailor-made to each customer’s requirements.
Many businesses rely on overseas shipping for the transportation and distribution of goods. However, these businesses do not necessarily own the boats that are used for transportation, necessitating commercial marine insurance over boat insurance to protect the transported products. Businesses in this group may include:
  • Manufacturers
  • Importers
  • Exporters
  • Freight forwarding companies
  • Commodities traders

We know that people who enjoy the ocean can have a multitude of different watercrafts.

We can give you plans for:
•Recreational boats
•Commercial fishing boats
•Oil Barges
•Tankers

"Comprehensive insurance protection for all types of commercial boat operations."

POLICY INCLUSION

 

The covers within a commercial craft insurance policy will depend on what types of vessels you have, and their specific business use. We offer specialist insurances not only for the hull, but also for third-party liability that extends to cover the commercial activities involved. We can include crew liability (to comply with the current relevant USA legislation), personal accident and medical expenses insurance.

INSURANCE COST?

 

The cost of your policy will depend on a number of factors, such as the size, construction and value of your vessel(s), intended business use, mooring location, and the claims history of the owner, captain or navigator. We will work with you to determine suitable cover for your business—while aiming to keep premiums at a level that is acceptable to you.

SRV can help you to

  • find the best marine and pleasure craft insurance cover for your personal and business’s needs
  • review cover from the broadest range of insurers
  • understand premiums and risk management
  • manage insurance claims for a better outcome