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"Primo found the cover we needed for our marina in no time."

At Primo, we like all our clients to feel this way

Marine Trades Insurance:

Safeguard Your Business on the Water

The UK's maritime heritage is rich and diverse, from historic regattas to bustling boatyards. At Primo, we recognise the unique challenges and opportunities that come with working in the marine industry. Whether you're a boat builder, marina operator, or sailing school, our tailored marine trades insurance solutions can help you navigate the risks and protect your business.

Comprehensive Protection for a Wide Range of Marine Trades

Our Commercial Combined Marine Trades Insurance policy is designed to meet the needs of businesses operating in various sectors within the marine industry. It combines essential coverages into a single, convenient package:
  • Public Liability:

    This crucial protection covers you if a member of the public is injured or their property is damaged due to your business operations.
  • Products Liability:

    Safeguard your business against claims arising from products you manufacture, distribute, or sell that cause injury or damage.
  • Employers' Liability:

    A legal requirement in the UK for most businesses with employees, this covers compensation claims for work-related injuries or illnesses.

Tailored Coverage for Your Specific Needs

We understand that every marine trade business is unique. That's why we offer a range of customizable options to ensure your policy reflects your specific risks and requirements:
  • Combined or Liability Only:

    Choose the cover level that best suits your business.
  • Faulty Workmanship:

    Protect against claims arising from faulty work or repairs.
  • Ship Repairers' Liability:

    If you offer repair services, this coverage is essential.
  • Marine & Builders' Risks:

    Cover for vessels under construction or repair.
  • Movement of Vessels:

    Protect yourself while vessels are in your care, custody, or control.
  • Foul Berthing:

    Coverage for damage caused by a vessel while berthed.
  • Demonstrations, Trials, and Testing:

    Protect your business during these activities.

Who We Insure:

Our marine trades insurance caters to a diverse range of businesses, including:
  • Boatyards, Moorings, Storage Facilities, and Marinas
  • Harbour Commissioners
  • Boat Builders, Sales, Servicing, and Repairs
  • Marine Equipment Manufacturers, Sales, Servicing, and Repairs
  • Riggers and Sailmakers
  • Holiday Hire Fleets
  • Sailing Schools and Training Centres

Why Choose Primo?

Working with a specialist broker like Primo offers distinct advantages:
  • Industry Expertise:

    We have extensive knowledge of the marine industry and understand the specific risks you face.
  • Tailored Solutions:

    We take the time to assess your unique needs and recommend the most appropriate coverage options.
  • Access to A-Rated Insurers:

    We partner with financially secure insurers who can handle your claims quickly and efficiently.
  • Ongoing Support:

    We're here to help you throughout the policy term, providing advice and assistance as needed.

Let Us Help You Set Sail with Confidence

Protecting your marine trade business is our priority. Contact our team of experienced brokers today for a personalised quote and expert advice on safeguarding your livelihood on the water.
We look forward to working with you!
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Questions
Your assigned broker is happy to answer your concerns.
Chalk board with the words, where do I start?, written in white chalk
Straightforward
We ensure obtaining your insurance is straightforward.
four wooden dolls take cover under a peach coloured umbrella
Protected
Correctly covering your business grants you great peace of mind.
Chalkboard with question written in white and we can help in yellow
Questions
Your assigned broker is happy to answer your concerns.
Chalk board with the words, where do I start?, written in white chalk
Straightforward
We ensure obtaining your insurance is straightforward.
four wooden dolls take cover under a peach coloured umbrella
Protected
Correctly covering your business grants you great peace of mind.

Marine Trades Insurance FAQ: Your Questions Answered | Primo

  • What is marine trades insurance, and why do UK marine businesses need it?

    Marine trades insurance is a specialised insurance package designed to protect businesses operating in the UK maritime sector. It covers a wide range of risks, from property damage and equipment breakdown to public liability claims and product liability issues. It's essential for safeguarding your business against financial losses due to unexpected events.
  • What types of marine businesses can benefit from this insurance?

    Marine trades insurance caters to a diverse range of UK marine businesses, including:
    • Boatyards, marinas, and storage facilities
    • Harbour commissioners
    • Boat builders, sellers, and repairers
    • Marine equipment manufacturers, suppliers, and repairers
    • Riggers and sailmakers
    • Yacht brokers
    • Sailing schools and training centres
    • Commercial fishing vessels
    • Charter boat operators
  • What are the core elements of a typical marine trades insurance policy in the UK?

    A comprehensive marine trades insurance policy typically includes:
    • Public Liability Insurance: Covers claims for injury or property damage caused to third parties during your business operations.
    • Employers' Liability Insurance: A legal requirement in the UK for most businesses with employees, this covers compensation claims for work-related injuries or illnesses.
    • Material Damage Insurance: Protects your buildings, equipment, and stock against damage from fire, theft, storms, and other perils.
    • Business Interruption Insurance: Covers loss of income and ongoing expenses if your business is temporarily unable to operate due to a covered event.
  • Can I get product liability insurance for my marine products in the UK?

    Yes, product liability insurance is often included in marine trades insurance policies or can be added as an optional extra. It's crucial for businesses that manufacture, distribute, or sell marine products, as it protects against claims if your products cause injury or damage to a third party.
  • What are the specific risks that marine trades insurance covers?

    Marine trades insurance can cover various risks, including:
    • Accidents and injuries to employees or customers.
    • Damage to boats, vessels, or equipment under your care, custody, or control.
    • Fires, floods, and other natural disasters.
    • Theft of equipment or stock.
    • Product defects or failures.
    • Business interruption due to covered events.
  • How much does marine trades insurance typically cost in the UK?

    The cost of marine trades insurance depends on several factors, such as:
    • The size and nature of your business.
    • The types of vessels or equipment you work with.
    • The level of coverage you choose.
    • Your claims history.

    It's advisable to obtain quotes from multiple insurers to compare prices and coverage options.
  • Do I need marine trades insurance if I only operate a small boat repair shop?

    Yes, even small businesses in the marine industry need insurance to protect against potential liabilities and risks. Public liability and product liability are particularly important for boat repair shops to cover accidents and potential issues with repaired equipment.
  • Can I get marine trades insurance if I offer boat rentals or charters?

    Yes, marine trades insurance can be tailored to cover boat rental and charter businesses. This often includes additional cover for hull and machinery damage, passenger liability, and personal accident cover.
  • How do I make a claim on my marine trades insurance policy?

    If you need to make a claim, contact your insurance provider immediately and provide them with all relevant details about the incident. They will guide you through the claims process and help you get the compensation you're entitled to.
  • Why should I choose a broker like Primo for my marine trades insurance? | Primo

    A broker like Primo specializes in insurance and can help you:
    • Navigate the complex world of marine insurance.
    • Assess your specific risks and find the right coverage for your business.
    • Compare quotes from multiple insurers to get the best deal.
    • Manage your claims efficiently and effectively.

    Feel free to contact our team of experienced brokers today for a personalised quote and expert advice on protecting your marine business.
Chalkboard with question written in white and we can help in yellow
Questions
Your assigned broker is happy to answer your concerns.
Chalk board with the words, where do I start?, written in white chalk
Straightforward
We ensure obtaining your insurance is straightforward.
four wooden dolls take cover under a peach coloured umbrella
Protected
Correctly covering your business grants you great peace of mind.

Other Insurance For Consideration

Commercial Fleet Insurance

Driver getting in his van
Comprehensive, third party, fire and theft or third party only cover arranged for your business' vehicles.

Plant and Machinery Insurance

Commercial property insurance headed page on a clipboard with a blue background
Consider adding annual insurance cover for owned or hired-in plant and machinery to your business cover.

Commercial Property Insurance

Clipboard with a sheet of paper titled commercial property insurance
Do you need commercial property insurance in addition to liability cover? We can also arrange as a standalone policy.
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