PGU Commercial Boat Coverage
If you run a commercial boat, the number of things that can go wrong in the water can be daunting. Hopefully you won’t find yourself needing insurance coverage, but that’s not something you can count on. In the time it takes you to put in a day’s work, you may find you need help with any number of new bills. If an accident on your vessel causes medical or physical damage to yourself, your craft or your crew, we’ll be there to take care of you. We also offer liability coverage in case it’s not your craft or crew that’s injured. Read on for details about the different kinds of policies we can offer you.
Medical coverage
No matter how safe you are, there’s always the possibility of an accident when your vessel is out on the water. If you or your employees are hurt in an accident, you’ll want to know youre prepared in advance and have adequate medical coverage.
If you or someone else is injured on a boat covered by your policy, we can help handle the medical expenses that result from the accident. As long as you’re on board the covered craft, you’re covered. The same goes for your crew and passengers, if you have any. Accidents that happen in the water around your boat can be covered as well, depending upon the policy you select. Contact PGU today for more details.
Physical Damage Coverage
If your business is going to make a profit, your income had better outweigh your expenses. If you’ve been involved in an accident, a solid insurance policy could help you stay in the black.
We can offer coverage that protects your craft and any other equipment you need on the water at all times – even when it’s docked or being stored. Whether there’s a collision or you’re the victim of vandalism or severe weather, you can get coverage that will help. Beyond simply repairing or replacing the equipment, we can often help with other expenses related to the accident, such as emergency services, or the removal of wreckage. Depending on the policy you choose, you’ll be covered for different amounts in each situation.
Additional/Liability coverage
You always hope that if there is an accident, at least there won’t be anyone else involved. However, sometimes others are involved, and you may be the one at fault. If that’s the case, you’ll want to make sure you have good liability coverage. We can offer protection if anyone else’s boat or equipment is damaged (including the dock), or if a person is injured as a result of your accident. Hopefully you’ll never need it, but rather than waiting to see, why not call PGU Insurance today and get your commercial craft covered?