Boat Manufacturing

Recreational boating has become a widely popular summer pastime. Summer weekends and holidays will find thousands of boats on the lakes, river, and shorelines of the United States. At Sprezzatura Insurance Group we provide the following insurance products for the boat manufacturing industry:

Level of Risk Per-Line of Business: Low, Medium & High.

• Automobile Liability: Higher if the insured owns the fleet.
• Automobile Physical Damage: Low.
• General Liability: Premises & Operations: Higher if the insured conducts tours.
• Product Liability & Completed Operations: Higher, serious injury from product failure.
• Professional Liability: Low.
• Environmental Impairment Liability: Medium.
• Workers Compensation: Higher due to possible inhalation of fiberglass dust.
• Crime: Low.
• Fire/Property: Medium.
• Business Income: Medium.
• Inland Marine: Medium.
• Boiler & Machinery/Equipment Breakdown: Low.

Based on ISO, AM Best, and others; Recommended class codes for Boat Manufacturing are:

Standard Industrial Classification Manual (SIC) Codes and Classifications

• 3732 - Boat Building and Repairing