Koosh Insurance · Aviation & Transportation
Marine — Commercial
The cargo claim that follows the load from origin to consignee. The vessel that went aground three miles outside the territorial waters covered by the policy. The crew injury at sea where workers' comp doesn't apply — Jones Act does. Commercial marine is a specialty market governed by federal admiralty law, separate insurance forms, and underwriting that has nothing to do with property and casualty.
Coverage
What this coverage includes
- Hull insurance for the vessel itself, on a stated value basis
- Protection & Indemnity (P&I) — the marine equivalent of general liability and crew injury coverage
- Cargo insurance for goods in transit by water
- Marine general liability for shore-side operations
- Pollution liability under specific marine forms (CLC, OPA-90 for vessels carrying oil)
- Charterer's liability for operators chartering vessels they don't own
- Wharfingers and stevedores liability for shoreside cargo handling
- Jones Act / USL&H coverage for crew injury under federal maritime statutes
Who Buys This
Who typically buys this coverage
- Commercial vessel owners — fishing, towing, charter, ferry, supply, work boats
- Yacht owners with charter operations or commercial use
- Cargo shippers and consignees with significant water-based shipments
- Freight forwarders and customs brokers with cargo exposure
- Marina and boatyard operators
- Charter operators running passenger or fishing vessels
- Commercial fishing operations
- Maritime contractors — marine construction, dredging, salvage
Why Koosh
Why Koosh Insurance
Commercial marine is one of the most specialized commercial classes — federal jurisdiction, century-old policy forms, and a small market of dedicated marine carriers. Generalist placement leaves coverage gaps that don't surface until the claim hits. Admiralty law has been writing the rules for centuries. The policy you carry has to know what they say.
Marine specialty market access — Lloyd's syndicates, P&I clubs, and US marine carriers that work this class daily.
Hull, P&I, and cargo coordination — the three foundational lines and they have to work together.
Jones Act / USL&H structuring — federal maritime statutes handled correctly, not as commercial WC afterthought.
Pollution coverage for vessels — CLC, OPA-90, and voluntary pollution all addressed where applicable.
Charter and contractual exposure — charterer's liability and contractual indemnity sized to actual contract terms.
International coordination — navigation territory and jurisdiction-specific compliance for cross-border operations.
FAQ
Frequently asked questions
This page provides general information about Marine — Commercial insurance and is not a substitute for tailored advice from a licensed insurance broker. Coverage availability, terms, exclusions, and pricing depend on your specific business operations, location, claims history, and carrier underwriting. Contact a Koosh Insurance broker for a personalized consultation. Koosh Insurance — License #L135215.
Get a quote for Marine — Commercial
Talk to a licensed Koosh broker. We'll review your specific situation, source quotes from appropriate carriers, and walk you through the coverage that actually fits your business.