If you operate a marina or other waterside business — or are a private or commercial boat owner — you are certainly familiar with the hazards of the sea. Of course, some of the most severe and consistent dangers arrive during hurricane season. A major hurricane can devastate a ship or a business with only a few days’ warning, and little ability to prepare.
For this reason, one of the best ways to get ready is to have comprehensive marine insurance for hurricane season. Marine insurance will help to ensure that if you suffer serious damage due to weather hazards caused by a hurricane, you will be able to weather the storm.
What Does Marine Insurance Cover?
Marine insurance focuses on watercraft coverage — rather than on business income, premises, or other policies that typically will fall under marina insurance. It may include hull insurance, machinery insurance, freight insurance, cargo insurance, and various liability policies that may be relevant to your situation.
While insurance needs vary based on individual and business, having good marine insurance for hurricane season will help ensure you stay safe. Speaking to an experienced insurer can help provide you with peace of mind when bad weather comes along.