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AUGUST 2026
	 	 • Formal procedure for hiring especially crew & captains
• Hull 
	 • Condition & valuation surveys on your vessels can 
ensure seaworthiness to safely carry passengers, but 
they also ensure that your vessel is properly insured  
to value. An underinsured asset can have its own 
negative financial impact at the time of loss. 
	 • An active vessel maintenance schedule demonstrates  
a proactive approach in maintaining the vessel for 
safety and seaworthiness. 
• Protection & Indemnity 
	 • Crew coverage, as noted above
	 • Passenger exposure
	 	 • Passenger vessels with high foot traffic are  
significantly exposed to slip and fall claims.  
Reduce these risks as much as possible  
by utilizing proper lighting, signage,  
and brightly covered transitions to emphasize  
trip hazards. 
	 • Property damage to third party property or vessels
• Property
	 • Many operators have a shop or office location  
tied to their operations. While not an over-the-water 
exposure, land based, shoreside property has its own 
set of hazards, with fire and natural disasters  
as primary concerns. 
	 	 • Reduce fire hazards by storing all flammable liquids 
in a fire safe cabinet.

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