Protect Boat Dealers With Marine Insurance Coverage
In the marine industry, there a variety of sectors with different risks. When choosing marine insurance, you have to think about the business in question. For instance, when working with boat dealers, they may require insurance coverages tailored to them.
Boat Dealer Insurance Options
If you are working with boat dealers, you need to think about the different risks that boat dealers face. Boat dealers, like most companies, require general liability coverage and property coverage. This will protect the business against injury and property damage claims. Some boat dealer insurance options include:
- Business auto coverage
- Work boat coverage
- Piers and dock coverage
- Equipment coverage
Special coverages are determined by the boat dealer in question and risks that are specific to the company.
Boat Dealer Risks
In the marine industry, boat dealers face different risks than others. For instance, if a boat becomes damaged during transport or in a seaworthiness test, that is a loss for the company. Inventory at the marina or in a lot can be damaged by storms or vandals. It is important to keep risk in mind when choosing different insurance coverages.
If you have boat dealer clients, then you need to have the options available. Boat dealers will trust an agent who is educated in the various risks and can customize insurance options to fit their business.
