https://completemarkets.com/company/continental-risk-continental-marine-insurance-services/shipwrightboat-repairers/
Shipwright / Boat Repairers Insurance from Continental Risk / Continental Marine Insurance Services
Continental Risk / Continental Marine Insurance Services offers a specialized Shipwright/Boat Repairers program designed for independent boat repair businesses. This program is built for small, hands-on contractors with annual receipts up to $1,000,000 who perform mobile and shore-side repair, maintenance and related marine trades.
Overview of the Program
The program provides a focused package that addresses the common exposures faced by individual boat repairmen and small repair shops. Coverages include marine general liability (MGL), ship repairers legal liability, and miscellaneous property for tools and supplies. Optional enhancements include workboat protection and indemnity, medical payments for crew, and trailer coverage.
Ideal Accounts and Appetite
Independent mobile boat maintenance and repair technicians
Trades such as canvas, sail and rigging work; carpentry and finish work; electronics and electrical; engine maintenance and repair; hull cleaning and fiberglass patching; painting and winterization
Small shore-side repairers and contractors with receipts typically up to $1M
Accounts that typically fit: owner-operators or small crews performing scheduled maintenance, engine tune-ups, fiberglass repairs, varnish/finish work, and seasonal winterization. The program is not aimed at large shipyards, new construction, heavy commercial salvage, or accounts with receipts above the stated limit.
Coverage Highlights and Advantages
Marine general liability tailored to marine operations and repair exposures
Ship repairers legal liability to protect against damage to customer vessels while in repair
Miscellaneous property coverage for tools, spare parts and supplies kept on-site or in a vehicle
Optional workboat coverage including protection & indemnity, medical payments, and trailer coverage
Low deductibles and flat premium structure designed for small accounts
Underwriting Notes and Minimum Premiums
Minimum premiums start as low as $1,500. Continental Risk underwriters focus on the nature of operations, annual receipts, loss history, and exposure controls such as secure storage for vessels, documented work procedures, and proper towing/trailer maintenance for mobile operations. Be prepared to provide a description of operations, list of services, payroll or receipts breakdown, and photos of typical work sites or trailers when submitting.
Territories and Admission
This program is available in the following jurisdictions: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY. Placement may be offered in admitted or non-admitted markets depending on state rules and the individual risk—Continental Risk will advise based on the submission.
Why Place This Business with Continental Risk
As a wholesale broker experienced with marine trade accounts, Continental Risk / Continental Marine Insurance Services provides targeted underwriting for boat repair contractors, quick submission review, and access to multiple carrier options (varies by risk). The program’s emphasis on small, skilled repair operations and available workboat enhancements makes it an efficient market when standard commercial carriers are unfamiliar with marine repair exposures.
Example Accounts
A mobile mechanic who travels to marinas and private docks doing engine diagnostics, impeller replacement and routine maintenance with annual receipts of $120,000 — good fit for MGL, tools property, and optional trailer coverage.
A small shore-side shop performing fiberglass patching, brightwork, canvas repairs and winterization for recreational boat owners with receipts of $450,000 — a strong candidate for ship repairers legal liability and miscellaneous property limits.
For submission requirements and carrier options, contact Continental Risk / Continental Marine Insurance Services—our underwriting team can review eligibility and advise on the best structure for each account.
Frequently Asked Questions
What types of accounts are a good fit for this Shipwright/Boat Repairers program?Small, independent boat repair contractors and owner-operators who perform maintenance, fiberglass and wood repairs, engine work, canvas/sail servicing, and winterization with annual receipts generally up to $1,000,000.
What coverages can I expect to place through Continental Risk?The program includes marine general liability, ship repairers legal liability, and miscellaneous property for tools and supplies. Optional extensions include workboat protection & indemnity, medical payments, and trailer coverage.
Are there minimum premium or deductible considerations I should tell my client?Minimum premiums start as low as $1,500. The program also emphasizes competitive, low deductibles for qualifying small accounts. Exact terms depend on the account details and carrier selected.
Which states and markets are available for placement?Coverage is available across the listed states (AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY). Depending on state and risk characteristics, placements may be admitted or non-admitted—Continental Risk will confirm at submission.
Need help placing an account? Connect with a market specialist.