'Marine General Liability (MGL)' is the one form of coverage that Marine Contractors/Marine Operators (Ship-owners/Vessel Operators), should never be without. As you engage in a most complex operational environment…On-water and shore-side operations present a unique set of risks and challenges demanding your constant attention to the safety and liability coverage needs of your business. From Bulkhead Construction to Energy and Offshore Support Ships, there are many liability and property coverage's necessary to protect your business, equipment and owned/leased property…also to protect you from third parties for covered claims, the MGL has a duty to defend you from 'bodily injury' and 'property damage' arising out of 'your work and operations', 'products & completed operations' and 'advertising and personal injury' liability. Marine Operations, Marine Operators and Marine Construction is a unique industry for insurance because operators and contractors are required to be responsible for their daily actions and in many cases their work for years into the future; this requirement is typically a requirement from your client/property owner as well as a statute set forth in each State and each client/property owner/state is different in regards to Construction Defect, Tort Liability and the Statute of Limitations.
• Marine General Liability (MGL) Request Quote Here
• Protection & Indemnity/Hull (PI/P&I) Request Quote Here
• Bumbershoot/Umbrella and Excess Liability (Additional Liability Layers) Request Quote Here
• Tower's Legal Liability (Tow or Push/Pull vessel of others)
• Ocean and Inland Marine (Property not fixed in location, Leased Equipment) Request Quote Here
• Marine (Hull) Builders Risk/Course of Construction Request Quote Here
• Hull Physical Damage (Hull and Machinery) Request Quote Here
• Marine Legal Liability (Custody of Others Watercraft)
• Marine Pollution Liability Request Quote Here
• Non-Owned Watercraft Liability
• Riggers/Rigging, Rig Swamping/Rig Swampers and Crane Operators Liability
Your clients will compel you to produce a 'Certificate of Liability', to name their company as 'Additional Insured' on your policy prior to entry to a jobsite. The request is commonly made for 'Marine General Liability' (MGL). Also, The US Coast Guard can compel certificates for ships over 300GT, they require a 'Certificate of Financial Responsibility (COFR)'. Some clients request certain and specific 'Special Wording' to accompany their certificates, ask for their insurance requirements prior to accepting any contract and let's read your contract together, to be sure the costs and availability of the wording is something you are comfortable with plus so you include those costs in your bid and so that you understand what additional responsibilities or liabilities you may be assuming/accepting.
Ship Owners and Operators will procure 'Protection and Indemnity/Hull (PI/P&I)' for response to damage to the ship or machinery, liability from the operations of the ship (damage to others property), and also P&I is the sole remedy to bodily injury/death indemnity to third parties, the crew and passengers of the vessel.
'Bumbershoot/Umbrella and Excess Liability (Additional Liability Layers)' is common on high value projects and for some clients that have had a bad experience and will never be caught with too little coverage ever again or simply have something to lose. Commonly the excess layer will go over your primary MGL policy and also is requested over the Hull P & I too, so crew have a higher limit of coverage which effectively limits your clients liability from ever coming into play. When your clients command more excess liability limits remember that they are willing to pay well for good work.
Many operators and contractors alike are primarily involved in or will be in a Push/Tow scenario often, the term 'Tower's Legal Liability' is an endorsement that needs to be added to your primary 'Hull P&I' policy.
Property, machinery, equipment and merchandise of which is either owned or leased and is not permanently affixed/attached to the vessel is to be scheduled on the 'Ocean Marine' policy. If you are building or rehabilitating a vessel you should procure the 'Hull Builders Risk'. A stand alone barge or other non powered vessels with attached machinery can be scheduled for physical damage property coverage using a 'Hull Physical Damage' policy.
We offer all Marine Coverage's plus please see our above link for details on Workers Comp/USLH/Admiralty and call us as we look forward to talking when we may be of help.
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