Commercial Craft Insurance

When your boat is your livelihood, it’s important to have adequate protection in place to reflect your risks—not only for the vessel itself, but its crew and any other third parties.

Our specialist team can design a bespoke commercial marine insurance solution for your business, helping to protect your vessels—from the boatyard to the open waters.

What types of commercial vessels are covered?

Gallagher offers commercial boat insurance policies for all types of vessels, including commercial fishing boats, cargo boats, charter boats, ferries, and specialist workboats such as survey boats and wind turbine maintenance vessels.

We understand that every business will have its unique challenges when it comes to managing and mitigating the risks that come with operating and maintaining commercial vessels, and we can tailor cover according to your specific vessels and business operations.

What protection is included in a commercial boat insurance policy?

The covers within a commercial craft insurance policy will depend on what types of vessels you have, and their specific business use. We offer specialist insurances not only for the hull, but also for third-party liability that extends to cover the commercial activities involved. We can include crew liability (to comply with the current relevant UK legislation), personal accident and medical expenses insurance.

How much does commercial boat insurance cost?

The cost of your policy will depend on a number of factors, such as the size, construction and value of your vessel(s), intended business use, mooring location, and the claims history of the owner, captain or navigator. We will work with you to determine suitable cover for your business—while aiming to keep premiums at a level that is acceptable to you.

Why choose Gallagher for your commercial craft insurance?

Gallagher is a specialist in marine trade and commercial marine insurance, helping businesses across the marine sector to manage and mitigate their risks. Our marine insurance team has long-standing relationships with marine insurers in both the UK and overseas, meaning we are able to arrange comprehensive and appropriately-priced insurance portfolios to suit all types of commercial boat operations.

We can arrange your covers under a single policy with a common renewal date and a single premium. If you would like us to provide you with a commercial boat insurance quote for your business, please contact us and we would be delighted to help.

Specialist claims support

Our team is here when it matters most—in the event of a claim. We offer a 24-hour/365-day claims management service, with in-house claims specialists to support you through the process and help resolve claims quickly and efficiently. To make a claim please call +44 (0)1202 647463.