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Like marinas and other forms of marine-
Boat Dealers and Yacht Brokers
Boat dealers have a variety of risks. Aside from the property risk to the dealer’s inventory and the general liability risks that any enterprise incurs in the process of doing business with the public, boat and yacht dealers incur additional risks that require specific policy form for their industry. Most have a service department, which carries it’s own list of liability and equipment exposures. Those often take customers’ boats into what the insurance industry refers to as “bailment” for service or repair or consignment sales, incurring specific liability exposures.
In servicing customers’ boats, some dealerships take customers’ boats for test runs, incurring liability exposure in the process. Most incur exposure while demonstrating a new boat on the water to potential buyers or at boat shows.
Coverage Options Incude the Following
Agents and Brokers
If you’re a broker or agency principal, and you need help assessing, marketing, sourcing, or placing coverage for your clients who own boat dealerships, contact us through our “Agents and Brokers” page to request a brokerage relationship. We serve both direct customers and brokers.
With many years of experience placing and servicing commercial1 insurance policies for boat dealers and yacht brokers, Strickland Marine is a source of professional integrity and excellence that can help you pursue your coverage goals for1 your dealership or brokerage company.
Join the many boat dealers who take advantage of our VIP close-
Copyright Strickland Marine Insurance Agency, Inc., 2014
Strickland Marine Insurance
125D Wappoo Creek Drive
Charleston, SC 29412
125 D Wappoo Creek Drive, Charleston, SC 29412