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Marine Liability Insurance Page

Marine Liability Insurance

Protect your Marine Business from Claims for Accidental Damage or Loss

Operating within the marine trades industry means businesses can face unique risks and challenges. At Velos, we can provide you with comprehensive marine liability insurance to protect you against unforeseen claims for loss or damage to third parties.

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Whether you operate a marina or boatyard, are a boat builder, or marine electrician, marine liability insurance safeguards your business from lawsuits, property damage and personal injury claims.
Marine Liability Insurance is designed to cover legal and financial responsibilities that arise from your operations.

Who is it for:

Marine liability insurance is perfect for the following marine trade businesses:

  • Marinas
  • Boatyards
  • Boatbuilders
  • Sailing clubs
  • Engine repairers
  • Boat repairers
  • Marine riggers
  • Marine electricians

Highlights of our Marine Liability insurance policy are as follows:

  • Physical loss or damage to insured property including temporary removal of property, debris removal, architects’ fees, surveyors’ fees and legal fees.
  • Interruption to the business caused by physical loss or damage to insured property.
  • Physical loss or damage to computer equipment including reinstatement of programs and data plus additional expenses for increased cost of working.
  • Physical loss or destruction of or damage to insured property including Business Interruption by an Act of Terrorism.
  • Legal liability for bodily injury sustained by an employee including defence costs and expenses and court appearance expenses.
  • Legal liability for accidental injury or property damage arising out of your business including defence costs and expenses and court appearance expenses and including sudden and accidental pollution or contamination.
  • Legal liability for damage to and loss of use of a Third Party Vessel including general average and salvage from a collision including defence costs and expenses.
  • Legal liability for damage, removal of wreck, bodily injury, salvage, fines from the use or operation of an insured vessel including defence costs and expenses.
  • Legal liability including defence costs and expenses arising out of business activities by reason of breach of duty, dishonesty or fraudulent act, libel and slander, accidental damage to documents.

We’ve been in boat insurance for 50 years and as such have strong relationships with most marine liability insurers in the UK and global providers on the market. So, if our marine trade policies aren’t suitable for you for whatever reason, we’ll be able to source an alternative insurance quote from another insurer.

Learn more about our Marine Trade Insurance cover.

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Contact Us

Contact Us:

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 Advice:

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

Get claims advice

Why choose Velos?

As one of the leading marine insurance providers in the UK, we have been providing commercial and private marine insurance to yacht, pleasure craft and boat owners since 1975. We offer competitive rates and tailored boat insurance cover no matter our customers’ needs.

  • Tailor-made, bespoke insurance policies
  • Competitive premium & wide cover
  • Market-leading reputation for customer care
  • Professional underwriting team
  • Efficient and fast claims handling

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

Marine Liability Insurers covers you for accidental loss or damage caused by you to a third party.

Marine liability insurance generally covers the following:

  • Physical loss or damage to insured property including temporary removal of property, debris removal, architects’ fees, surveyors’ fees and legal fees.
  • Interruption to the business caused by physical loss or damage to insured property.
  • Physical loss or damage to computer equipment including reinstatement of programs and data plus additional expenses for increased cost of working.
  • Physical loss or destruction of or damage to insured property including Business Interruption by an Act of Terrorism.
  • Legal liability for bodily injury sustained by an employee including defence costs and expenses and court appearance expenses.
  • Legal liability for accidental injury or property damage arising out of your business including defence costs and expenses and court appearance expenses and including sudden and accidental pollution or contamination.
  • Legal liability for damage to and loss of use of a Third Party Vessel including general average and salvage from a collision including defence costs and expenses.
  • Legal liability for damage, removal of wreck, bodily injury, salvage, fines from the use or operation of an insured vessel including defence costs and expenses.
  • Legal liability including defence costs and expenses arising out of business activities by reason of breach of duty, dishonesty or fraudulent act, libel and slander, accidental damage to documents.

We understand that no two marine businesses are alike, so that’s why we offer tailored insurance coverage according to your business needs. Get in touch today to find out more about our specialist insurance cover.

birdseye view of a marine industry dock

Liability risks can vary greatly across marine businesses and operations, making specialist advice important.

Whether you require cover for third-party risks, professional activities or marine operations, Velos can help.

Get a quote online:

1. Please select where is your vessel flagged or registered:




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