Coverage extends to boats in transit, on exhibition, or while being used for demonstration
Special coverage protects boats while they are afloat and covers loss of life, bodily injury, property damage, removal of wreck where required by law, court and legal fees
Marina Operators
Offers protection for a marina against liability arising from loss or damage to private pleasure craft and small commercial watercraft
Covers craft and their motors and equipment when in marina's care, custody, and control for repairs, alterations, maintenance, lay-up storage, mooring, slip rental, hauling, launching, fueling and other service
Protection and indemnity for loss of life, bodily injury, and property damage, when operating vessels in their care can be added to the policy
Marina/Boat Dealer Program
The program successfully packages all Property, Casualty, and Ocean Marine Coverages in one portfolio. Includes Boat Dealer and Marina Operator Programs (see above) and may also include:
Property
General Liability
Business Auto
Equipment
Piers and Docks
Work Boats
Umbrellas (including underlying Marina Operations and P&I)
This policy extends protection to those who are repairing or altering a vessel.
Typical coverage includes: loss of, or damage to the vessel, equipment or other property on board resulting from the repair or alteration activity; damage to the property of others caused by the vessel under repair; certain liability of the repairer while the vessel is transported during the repair process.
Wharfinger's
Operators of commercial piers or wharves turn to Great American for specific protection for their unique needs. While similar to Terminal Operators and Stevedore policies, Wharfinger protection extends to: loss or damage to the property of others in the care, custody, and control of the Wharfinger; including tugs and tows, barges, their cargo and equipment; wreck removal.
Marine Cargo insurance is the oldest form of insurance, having been in existence for over 700 years. Marine insurance today is still of great importance to international trade. Cargo Insurance facilitates trade by offering security to both the financial institutions and the trading partners. The Great American Ocean Marine Division is a specialist in insuring of cargo using any recognized means of transport by air, land, or sea, anyplace in the world. The policy can be extended to include Domestic Transportation, Warehousing, and Processing.
Provides protection to builders of all types of vessels under construction
The coverage is comprehensive and includes liability protection when the vessel is in the water
The insured is covered for an amount equal to the contract price, from the time the keel is laid until the completion of the craft
Barges
Provides coverage for a variety of barges
Ocean and inland barges may qualify for coverage
Both physical damage and liability (Protection & Indemnity) coverages are available
Tugs & Tows
Great American Insurance will carefully assess the risks and tailor coverage to superior tug and tow owners. Physical damage and protection indemnity coverages are available and can include vessel's liability to crew members.
Special Programs
Owner operated Lobster Boats in Maine
Owner operated Small Crab and Oyster Boats in Chesapeake Bay
Traditional Hull and P&I coverage has been expanded to provide ocean marine insurance and needed coverage ashore for Spill Responders. Great American Spill Responder Insurance Program can include the following coverages:
Ocean Marine Coverage
Hull
Protection and Indemnity
Cargo Legal Liability
Wharfinger's Legal Liability
Limited Maritime Employer's Liability
Additional Options:
Bumbershoots
Vessel of Opportunity Program
Coverages Ashore
Property Coverages:
Buildings Business Personal Property
Business Income (shore operations only)
Extra Expense (shore operations only)
Equipment and EDP
Plus--property cover enhancements
Liability Coverage: Comprehensive General Liability
We have drawn upon our unique experience with oil pollution incidents to create a policy covering cleanup expenses for on-water spills. Coverage for fines and penalties are included.
Our Oil Pollution Cleanup Coverage is designed for the Brownwater Industry and is primarily intended to cover vessel owner responsibilities under OPA 90 and CERCLA for discharge or potential discharge of oil from bunkering spills and grounding or sinking.
Coverages
OPA
Non-OPA
Fines and Penalties
State Fines and Penalties
Alaska COFR
CERCLA
Non-CERCLA
Criminal Defense
California COFR
Cost Containment
We are prepared to minimize losses by providing the right amount of response
Our professional spill management team responds with the most effective cleanup plan for each event
Superior Claims Service
Our claim team is committed to providing superior claim service
Spill Management
Our emergency management team is ready on a 24-hour basis to manage and contain hazardous material spills
Control of Fines & Penalties
The largest cause of fines and penalties is the failure to properly report an incident
When a spill is reported to us, we will advise you of the proper spill notification procedures for the location of the event
To Activate a Spill Claim Response
The Great American's Ocean Marine Response Team's 24-hour toll-free claim number is:
This program is intended to provide a COFR-only for vessels that are enrolled in an acceptable P & I facility. Any owner/vessel that is a member of the International Group of P&I Clubs is automatically eligible. We will accept dry cargo vessels up to 83,333 GRT and Tank vessels up to 41,667 GRT. A COFR (Certificate of Financial Responsibility) is essentially a performance bond that Great American is posting with the government on behalf of the P&I Clubs guaranteeing that they will meet their clean-up obligations under OPA 90. If they fail to meet their obligation the government can make a claim against Great American Insurance directly.
Superior Policy Service
Fast Turnaround between Binding and Policy Issuance
Competitive Pricing
Rates are set to provide the maximum benefit to all parties
