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Owners of tugs, barges, dredges, push boats, and other small-to-mid-size vessels who use their crafts as their livelihood.
Say a freak storm comes in and pummels your barge. The damage will take at least 72 hours to repair—but you still have a job to do. We’ll help foot the cost to rent a replacement vessel of a similar type, up to $5,000 annually, so you can keep working without loss of income.
Vessel Rental Reimbursement is built into your policy at no extra cost. Unique coverage like this is not commonly found in the commercial marine market—it’s just one of the ways we remain on watch for your business. We even give you the option to increase the aggregate limit for an additional premium.