Marine Business Insurance

Marine Business Insurance, powered by Markel, protects against the unique risks found in the marine industry. Work worry free with this essential coverage through Hagerty.

A boat motors at sunset near the Mackinac Bridge

What is Marine Business Insurance?

Marine Business Insurance expands upon Hagerty’s existing boat insurance program to offer commercial coverage for those working in the marine industry. It’s comprehensive, completely customizable and backed by Markel, a company with more than 45 years of experience in marine insurance.

The Hagerty difference

Hagerty has partnered with Markel to offer Marine Business Insurance that’s affordable, comprehensive and designed with marine professionals in mind.

How it works

01.

Enjoy specialized focus

Unlike general insurance providers, Markel is focused on marine businesses and offers coverages that are designed for marine-specific risks.

02.

Choose what works for you

Policies work for a wide spectrum of marine businesses, including charters, sport fishing, water taxis and sightseeing tours.

03.

Customize your coverage with optional add-ons

Markel offers additional coverage options, allowing you to customize your policy to fit your specific operational needs.

Get your Marine Business insurance quote

Marine Business Insurance, powered by Markel, protects against the unique risks found in the marine industry

Get a quote

What does Marine Business Insurance cover?

Marine Business Insurance, powered by Markel, offers comprehensive and customizable coverage, including:

  • Physical Damage Coverage: Covers the cost of repairs or replacement if your vessel is damaged or stolen, with flexible deductible options.
  • Watercraft Liability: Protects against legal liability for bodily injury or property damage resulting from the ownership, maintenance, or use of your vessel.
  • Pollution Liability: Coverage for sudden, accidental, and unexpected discharge or spillage of contaminants from the insured vessel, addressing environmental concerns associated with marine operations.
  • Crew Liability: Provides coverage for the captain or crew members and duties under the Jones Act or general maritime law.
  • Business Interruption Coverage: Assists with financial losses due to operational downtime resulting from a covered physical loss.

Looking for more coverage?

Hagerty offers coverage for everything from specialty vehicles to boats to commercial storage and more. Check out a few of our most popular protection programs below:

Vehicle insurance

Vehicle business insurance

Private Client vehicle insurance

Marine insurance

Have questions? We can help.

Coverage is reviewed and evaluated based on the facts and circumstances of a specific claim as applied to the terms and conditions of the applicable policy.

Policies underwritten by Markel American Insurance Company. Some coverage not available in all states. This is a general description of coverage. All coverage is subject to policy provisions, exclusions and endorsements.

For more information visit our Other Insurance Products Disclosure Page.