Proper Guide to Business Insurance in the United States


Insurance solutions for companies operating in the water recreation sector have evolved more slowly than in other sectors. Until relatively recently, shipyard owners were required to purchase a variety of insurance products to cover buildings, contents, financial risks, boats, buoys, and to offset many legal obligations. Maybe it was. Our first “fusion” policy, which covers all these risks, appeared in the late 1990s, but the market did not immediately adopt the new model. Some of the major insurers in this sector only launched a “packaged” solution in 2007, while others offer stand-alone insurance.

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