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Marine Contractor Insurance Page

Marine Contractor Insurance

Protecting Mobile Marine Tradespeople

From servicing engines to installing onboard electrical systems and carrying out rigging work, self-employed marine tradespeople face specialist risks every day. With over 50 years of expertise in the marine sector, Velos helps marine sole traders arrange tailored insurance solutions designed around the way they work.

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As a self-employed marine professional, you’re often working across multiple locations, handling valuable equipment and providing specialist services to vessel owners. Insurance can be arranged to provide protection against:

  • Accidental damage to customer vessels while work is being carried out.
  • Loss, theft, or damage to tools and specialist equipment.
  • Claims for third-party injury or property damage arising from your work.
  • Professional errors, omissions, or advice provided as part of your services.
  • Damage to stock, materials, or business equipment.
  • Business interruption following an insured event.
  • Risks associated with transporting tools, parts and equipment between jobs.

Whether you’re a marine engineer, marine electrician, marine rigger or another specialist marine trades professional, we’ll help you find insurance that supports the way your business operates.

Get your FREE quote today →

The right insurance can help protect your business, equipment and livelihood from a range of everyday risks. Depending on your trade and individual requirements, cover may include:

  • Public Liability Insurance
  • Products Liability Insurance
  • Employers’ Liability Insurance (where required)
  • Professional Indemnity Insurance
  • Personal Accident Cover
  • Tools & Equipment Cover
  • Goods in Transit Cover
  • Stock & Materials Cover
  • Business Contents Cover
  • Buildings Insurance (where applicable)
  • Business Interruption Insurance
  • Loss of Money Cover
  • Own Vessel Cover
  • Vessels Under Construction Cover
  • Computer & Electronic Equipment Cover
  • Optional Terrorism Cover

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Choosing insurance is much simpler when you’re working with people you can trust.

For over 50 years, Velos has supported marine businesses with straightforward advice, personal service and access to specialist insurance solutions. As a family-owned business, we’re proud to take the time to understand your requirements, explain your options in simple terms and guide you through every stage of the process.

Thanks to our long-standing relationships with specialist marine insurers, we’re often able to help find cover where others can’t, giving self-employed marine professionals confidence that they’re in safe hands.

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Want to get a FREE quote from us today to find out more about how we can help you get the right insurance solution.

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Contact our Claims team

Claims Support:

You can contact our claims team By Telephone: 020 7929 4058 from the UK or +44 20 7929 4058 from abroad.

Claims Support

Insurance Solutions for Mobile Marine Engineers, Electricians, Riggers and more

The marine industry relies on a wide range of specialist skills, from engineering and electrical work to rigging, maintenance, and vessel refits. From hands-on technical roles to specialist consultancy and instructional services, we understand that no two businesses operate in the same way.

Marine Sole Trader Roles We Can Help Arrange Insurance Cover For:

  • Marine Engineers
  • Marine Electricians
  • Marine Riggers
  • Boat Builders & Repairers
  • Yacht Refit Specialists
  • Sailmakers & Upholsterers
  • Maintenance Contractors

What Our Customers Say

Rockstars!

” Exceptional customer service and was able to secure a sailboat singlehanded under very specific needs, for a very competitive price, where other companies wouldn’t even look at it.  “

– Wayne
Extremely impressed

” Most of insurance companies can learn how to treat their clients from Velos Insurance. I was extremely impressed by the simplicity and professionalism of Velos team. “

– Nel
Knowledgeable service

” Velos web quote was easy to complete and they responded very quickly. Phone call from them next morning answered all my queries about specifics to my situation as the boat is based in Greece. “

– Phil
Stellar service

” It is nice to deal with real people on a personal level who strive to get your assets protected. “

– Victor
Highly recommend

” Extremely responsive and great service. Kel managed a reasonably complex yacht insurance quote, was extremely helpful and found us a good value quote. “

– Paul
Outstanding

” We could not be happier with the service that Velos provided. Not only did they get us a much better policy than we had, they also saved us money.  “

– Jessica
Very helpful

” I had trouble finding brokers who would handle non-resident owner. I was referred by another broker to Velos, and they were able to assist. “

– Eugene
Recommend without hesitation

” The coverage is exactly what we need and at a better price than the company we had been with for the two prior years. “

– Michael
Terrific

” They worked hard to ensure we got coverage locked in before our previous policy expired by being readily available for back and forth emails up to the wire. “

– Patricia
Fantastic service

” The process was very detailed to ensure all questions were answered in a warm, authentic manner. I thoroughly recommend them. “

– Richard

Why choose Velos?

As one of the UK’s leading marine insurance specialists, we’ve been helping marine businesses and contractors arrange tailored insurance solutions since 1975. Whether you’re a marine engineer, electrician, rigger or another specialist marine professional, we can help you find competitive cover that’s designed around the way you work.

  • Tailor-made, bespoke insurance policies
  • Competitive premium & wide cover
  • Market-leading reputation for customer care
  • Professional underwriting team
  • Efficient and fast claims handling
Get Your FREE Quote Online Today →

Marine Contractor FAQs

The insurance required will depend on the type of work being undertaken. Many self-employed marine engineers consider Public Liability Insurance, Professional Indemnity Insurance, tools cover and Personal Accident cover to help protect against potential risks arising from their work.

Marine electricians often work on complex onboard electrical systems and customer vessels. Specialist marine trade insurance can help provide protection that reflects the unique risks associated with marine electrical work.

Marine riggers insurance can include cover for liabilities arising from rigging work, protection for tools and equipment, and other cover options that may be relevant to your business. Cover requirements will vary depending on the nature and scale of your operations.

Yes. Marine trades insurance can be arranged for sole traders, self-employed professionals and larger marine businesses. Policies can often be tailored to suit individual working practices and business activities.

Many policies can include cover for tools and equipment used in your work, subject to policy terms and conditions. This may help protect against loss, theft, or damage while working on-site or travelling between jobs.

Many marinas, boatyards and marine facilities may require contractors to hold Public Liability Insurance before carrying out work on their premises. Requirements can vary between locations, but evidence of insurance is often requested to help protect against potential claims arising from third-party injury or property damage. It’s always worth checking the specific requirements of the marina or site where you’ll be working.

Standard tradesperson insurance may not always reflect the unique risks associated with working in the marine industry. Marine trades professionals often work on vessels rather than buildings, carry out work in marinas, boatyards and harbours, travel between multiple locations, and rely on specialist tools and equipment to complete their jobs. Whether you’re servicing marine engines, installing onboard electrical systems, carrying out rigging work or undertaking vessel refits, the nature of your work can present different risks to those faced by many land-based trades. As a result, specialist marine trades insurance may provide cover options that are better suited to the way your business operates.

Marine trades insurance can often be arranged to provide protection for mobile traders carrying out work on customer vessels. Depending on the cover selected, this may include protection against claims arising from accidental damage to a customer’s boat or third-party injury and property damage resulting from your activities. Cover will vary between policies, so it’s important to ensure your insurance reflects the work you undertake.

Marine Contractors Insurance Quote


Need assistance? Call our friendly team on 020 7929 4058

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