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NAESIP’s Marina Pollution Program – An Underserved Niche Opportunity

Written by SysAdmin on . Posted in Marina Insurance.

Marinas are an industry that is currently underserved by pollution insurance, and NAESIP aims to fill that gap in the market.

NAESIP’s marina pollution insurance program is designed for facilities that work on boats, clean boats and have above or below ground storage tanks.

Coverage is far-reaching and includes:

  • on-site and off-site clean-up and testing
  • bodily injury and property damage to third parties
  • first and third party transit pollution
  • automatic above ground tank coverage
  • underground storage tank coverage (by separate application)
  • natural resource damages
  • contractors pollution liability
  • non-owned disposal sites

Our insurance company is an A Rated carrier by AM Best. Limits start at $1,000,000 with a $5,000 deductible. Broad language includes blanket coverage for: additional insured, additional insured completed ops, primary & non-contributory, and waiver of subrogation.

NAESIP’s goal is to create pollution policies for marina facilities and provide consultative pollution services to help our agents sell.

Read an article about Marine insurance https://naesip.com/articles/Marina-Pollution-Insurance.pdf