Marine insurance is essential when you are shipping goods or cargo over the water. The agents at Bonek Agency, Inc. are proud to offer their expertise to the greater Suttons Bay, MI area. Our team can help you obtain the protection you need for your shipped goods, whether you are transporting them domestically or internationally. There are many different instances when marine insurance is essential, not just when you are shipping goods overseas. This type of insurance may be lesser known but it provides valuable coverage to those who work in or utilizes the shipping industry.
When is Marine Insurance Necessary?
If you are involved in the cargo or over-water shipping business you likely have marine insurance. However, it is also necessary for people who are shipping personal or commercial items via sea and require insurance protection. A marine insurance policy will provide coverage while your goods are at the terminal, both coming and going, and while they are in transit.
Additionally, businesses that utilize ports can also benefit from a marine insurance policy for any work that they conduct at a terminal or other shipping locale. For instance, if you supply or lease shipping containers and have an office at a port, your marine insurance policy will cover your containers whether they are on a docked ship, in transit, or stored somewhere in the terminal. This coverage may also protect you from any loss to your office or administrative equipment.
The main types of marine insurance policies include marine liability policies, coverage for your ship hull, and casualty insurance.
Want to learn more about the marine insurance options available to you in the greater Suttons Bay, MI area? Contact the team at Bonek Agency, Inc. today to schedule a consultation. We look forward to working with you!