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Home » Marine Insurance

Marine Insurance

In its early years, JAF built its marine credentials insuring private pleasure crafts, marinas, and yacht clubs in the tri-state area. Over the last 35+ years the agency has developed into one of the leading marine insurance agencies on the east coast. Our experience and relationships within the industry gives us access to exclusive marine insurance programs that are not available to most other agencies.

Several risks arise when moving goods and property. Transportation equipment or cargo may be damaged, destroyed or stolen. Marine insurance can provide essential coverage for these exposures through ocean marine insurance and inland marine insurance.

Like you, we view every customer as an individual with specific needs. We take the time to understand those needs with the goal of providing asset protection solutions along with unparalleled customer service, at a sensible premium.

Providing Coverage for:

  • Private Pleasure Watercrafts
  • Marinas
  • Yacht Clubs
  • Boat Builders
  • Boat Dealers
  • Marine Contractors

Available Coverages Include:

  • Marine General Liability
  • Marina Operators Legal Liability
  • Boat Dealers Coverage
  • Protection & Indemnity
  • Commercial Auto
  • Pollution Liability

Additional Information about Marine Insurance

Ocean Marine Insurance

Ocean marine insurance offers coverage for businesses involved in maritime operations, such as manufacturers, distributors and vessel owners. Coverage may include the following:

  • Ocean marine hull coverage—This may cover ocean-going vessels, tugboats, barges and other commercial watercraft if a covered peril physically damages them or their machinery or equipment. Coverage for other floating equipment and some fixed property (e.g., offshore installations) may also be available.
  • Ocean marine cargo coverage—This may cover waterborne cargo during any part of the shipping process if it is damaged or destroyed by a covered cause or if it is stolen.
  • Ocean marine liability coverage—This may cover a ship owner’s liabilities to third parties that arise during the watercraft’s operations. It may also be known as protection and indemnity (P&I) insurance.

Coverages, exclusions and limits vary depending on the policy. Working with an agent can help ensure you find a policy that best fits your needs.

Inland Marine Insurance

Another type of marine insurance is inland marine insurance that may cover property as it is shipped overland on trucks, trains and other automobiles. It may also provide coverage for the following:

  • Specialty equipment
  • Unique or valuable property (e.g., art and jewelry)
  • Property stored temporarily by a third party
  • Third-party property that is temporarily in your care, custody or control
  • Movable property
  • A variety of other property and equipment may be eligible for coverage. Speak with your agent to learn more.

Contact Us Today

Several types of businesses should consider marine insurance, including importers, exporters and those that work off-site or with movable property. Our agents can discuss your operation’s needs and help you secure the optimal policy. Contact J.A. Faccibene & Associates, Inc. to get started.

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