“We’ve been working with Christi for fifteen years. They are our partner, not only do they provide the coverage we need at competitive premiums, but most important, they work with us to manage difficult claims and advocate our position with insurance carriers on challenging coverage issues. It’s service after a claim occurs that matters most.”
- Carmine Galati, Galati Yacht Sales
The above quote pretty much says it all! Marina operators, boat yards, boat dealers and yacht clubs, as well as premium boat manufacturers and yacht brokers are exposed to unique risks unlike other businesses. Many of the most respected and well known marine facilities nationwide have chosen Christi to properly protect their valued businesses.
It is a known fact that maritime law can differ significantly from state law. Our expertise and knowledge of this complex and unique specialty insurance sets us apart from other “typical” insurance agencies. In addition, for your protection, we have close working relationships with well respected maritime lawyers that we consult on your behalf.
We have created custom endorsements or “solutions”, as we like to say, for situations that most other agencies don’t even realize that an unprotected exposure exists.
Just read this case study on how our expertise made the difference for one of our clients:
"We recently had a client who was sued / subrogated by an insurance company for a $400,000 claim. The insurance carrier had paid to replace a diesel engine. It was alleged that our client had sold the customer a defective product. Defense and indemnification would typically be denied by the “damage to your products” exclusion contained in all general liability polices. In fact, the manufacturer of the product who was also named in the suit and insured with a different company and agent was denied coverage. However, we had our client’s insurance company include a special endorsement that we had created. Due to this special endorsement, and only due to this endorsement, the client was provided with defense and indemnification. This saved the client significant attorney expenses."
Having the wrong agent providing your commercial marine insurance can result in substantial out of pocket expenses that can devastate your businesses operations as well as its “bottom line”. We can offer the right coverage or commercial marine solutions for any of the following:
- Boat Dealers
- Boat Manufacturers
- Yacht Clubs and Fishing Clubs
- Marine Manufacturers
- Yacht Brokers
- Marine Artisans
- Marine Distributors
- Rental Fleets
- Bare Boat Fleets
- Worker’s Comp
Contact us today for a complete evaluation of your commercial marine insurance policy. You do not want to learn about an uninsured risk or exposure when a claim arises.
The Christi Difference – It’s All About You!