Marine

The term Marine Insurance refers to a broad range of insurance policy types that are typically divided into two categories: inland and ocean. As coverage forms are unique to each insurance company, it is impossible to make coverage statements that apply in all circumstances.

Inland Marine policies cover property owned by the Insured, and may also include property of others in the Insured’s care, custody or control. They are most often used to insure property that is not stationary. This includes construction equipment and property in transit while on land. Other examples of when these forms are used is to cover property of others in the care of jewelry stores and furriers. Builder’s Risk policies fall into this category as they include coverage for materials while in transit and while stored at temporary locations.

Ocean Marine policies are used to insure property that is typically on, or near water. This includes pleasure and commercial boats, ocean going cargo and the many liability risks faced by marina and boat yard operations.

This coverage can be very complicated, and the number of insurance companies offering them may be limited. We have the knowledge and experience to help you navigate through the many options available to protect you.