Marinas protection from The Hanover
Marinas are a full service operation on the water. In addition to providing dockage and slip rentals to their members and guests, marinas also provide fuel sales, boat repairs and rentals, equipment repair and rentals, full service restaurants and sailing instructions. Hanover Marina Program merges top quality coverages with a comparable level of expertise in underwriting, specialized risk management services and experienced claims support.
Our target appetite includes:
- Boat dealers
- Boat yards
- Marinas
- Regional boat builders
- Yacht clubs
Our product offering includes:
- Marina operator’s legal liability
- Protection and indemnity (watercraft liability)
- Boat dealer’s physical damage coverage
- Piers, wharves, and docks
- Physical damage to owned workboats
- Commercial property and yard equipment
- General liability including products
- Commercial automobile
- Property and crime
- Property extension endorsement
- General liability extension
- Boat builders risk coverage
- Workers’ compensation incidental USL&H
- Commercial umbrella/bumbershoot (marine excess liability)
Optional value-added coverage:
- Diminished value coverage on inventory
- Boat dealers
- Demonstration coverage
- Newly acquired locations
- False pretense
- Title errors and omissions
- Vessels on consignment
- Marine operator’s legal liability
- Property damage due to freezing
- Coverage for faulty workmanship
- Boatyard equipment newly acquired items
- Yacht club regatta liability
- Regatta borrowed boat
- Sudden and accidental pollution
- Clean marina certification credit
- Piers and docks
- Awnings and fences
- Flood and earthquake
- Debris removal
- Fire department service charges
- Pollutant clean up and removal
- Recharge of fire extinguishing equipment
- Arson reward
- Newly acquired dock schedule
- Replacement cost availability
- Agreed upon value
- Inflation guard option
- Freezing and ice damage
- Business interruption
Advantages of working with The Hanover to provide marinas protection for your clients include:
Industry expertise
We've been writing this specialized business for more than 25 years
Specialized forms
State-of-the-art industry coverage forms
Experienced specialists
Experienced, dedicated marine risk management and claims specialists
Total protection
One-stop shopping by offering additional specialty coverages (e.g., employment practices, management liability, etc.)
Selective distribution strategy
Creates a strong franchise value for our agents, enabling differentiation in the marketplace
A-rated carrier
Financial strength of a leading insurance carrier with "A" ratings from A.M. Best, S&P and Moody's
Our target appetite includes:
- Boat dealers
- Boat yards
- Marinas
- Regional boat builders
- Yacht clubs
Product resources
Total Hanover solution
Provide clients an account-focused solution by pairing marinas with a specialized industry offering:
Resources for you
E-delivery for commercial lines
Marketing materials
Harbor Risk marina program coverage and product overview
Serving the following states:
AR, MI, WI, IL, OH, IN, KY, TN, MN, MO, OK, TX, AL, MS, GA, LA, AK, AZ, CA, CO, ID, IA, KS, MT, NE, NV, NM, ND, OR, SD, UT, WA, WY
North American Marine Underwriters program coverage and product overview
Serving the following states:
ME, NH, VT, MA, CT, RI, NY, NJ, PA, DE, MD, VA, SC, NC, WV
Resources for your customers
Hanover Risk Solutions has assembled a range of resources, partner offerings, education and training to help clients’ address their marine risks.
See all of our Risk Solutions resources for marine
Customer tools
Let's start a conversation
Contact a member of our team who can help you deliver tailored solutions for your clients.
Erik Swanson
AVP Ocean Marine
774-420-5263
eswanson@hanover.com
Hanover marina program is open to all commercial lines Hanover agents through the following Hanover managing general agents:
North American Marine Underwriters
Serving the following states:
ME, NH, VT, MA, CT, RI, NY, NJ, PA, DE, MD, VA, SC, NC, WV
866-237-0711
www.namu-ins.com
Harbor Risk Underwriters
Serving the following states:
AR, MI, WI, IL, OH, IN, KY, TN, MN, MO, OK, TX, AL, MS, GA, LA, AK, AZ, CA, CO, ID, IA, KS, MT, NE, NV, NM, ND, OR, SD, UT, WA, WY
866-411-7446
www.harborrisk.com