We understand that ship repair contractors face unique risks and challenges in their line of work. That's why we are proud to offer MGL Ship Repairers Insurance, a comprehensive coverage tailored specifically to protect your business and give you peace of mind.
Ship Repairer's Legal Liability (SRLL) is a vital insurance coverage that safeguards contractors involved in repairing or altering customer vessels. Whether you operate at your shipyard, other locations, or even at sea, MGL Ship Repairers Insurance provides essential protection.
Additionally, this policy covers your liability when the customer's property is under your "Care, Custody, and Control." It's important to note that a Commercial General Liability policy is still necessary to address other coverages.
MGL Ship Repairers Insurance is designed to cater to the needs of vessel repairers and contractors working on ship components. We understand the unique risks and exposures you face in your day-to-day operations. Our goal is to provide tailored coverage that meets your specific requirements, giving you the confidence to focus on what you do best.
The typical SRLL policy offers comprehensive coverage for a range of liabilities. It includes protection for damages to vessels, cargo, and equipment while undergoing repairs or alterations. Additionally, it covers incidents that occur during trial trips. Ship Repairers Liability (SRL) insurance, a crucial component of this policy, safeguards against liabilities arising from acts of negligence. It protects you in the event of loss or damage to the property of others while being worked upon at your yard, as well as personal injuries to visitors at your facility.
At Sea Mountain Insurance, we strive to provide you with the best coverage options available. Our team of experienced professionals understands the intricacies of the ship repair industry and will work closely with you to assess your needs accurately. We will tailor an insurance package that provides comprehensive protection, ensuring you are shielded from potential financial losses.
Contact our expert Marine Insurance Team to learn more about Sea-Mountain's specialized coverage options and how we can help safeguard your ship repair operations. Trust us to be your partner in mitigating risks so that you can focus on delivering exceptional services to your valued customers.