Recreational Marine Commercial Underwriting
Since 1990 MPG has developed and underwritten unique insurance programs for businesses serving the Recreational Marine industry. These programs are the best in the industry, and provide a complete range of products to cover all areas of commercial recreational maritime activity.
Our in-house underwriting programs are detailed below, indexed by insurance carrier.
Commercial and Marine Package
- Eligible Risks: Marinas, Boat Dealers, Yacht Clubs, and Marine Related Businesses
- Company: New Hampshire Insurance Company
- A.M. Best Rating: A
- Program Established: 1992
- Attributes: Scalable program which can be structured to accommodate small risk to large risk with limits in excess of $25 million
- Minimum Premium: $5,000
- Distribution: Offered exclusively through MPG
- Territory: All states with restrictions for wind in South East
Worker's Compensation
- Eligible Risks: Marinas, Boat Dealers, Yacht Clubs, and Marine Contractors
- Company: Commerce and Industry
- A.M. Best Rating: A
- Program Established: 2001
- Attributes: Program for the Recreational Marine class of business. State Act and USL&H on an "if any" basis available
- Minimum Premium: Varies by State, generally $5,000
- Territory: All states
USL&H
- Eligible Risks: Recreational and Commercial Marine risk of every nature
- Company: Commerce and Industry
- A.M. Best Rating: A
- Program Established: 2010
- Attributes: For the true commercial marine risk that has dedicated payroll of at least 15% toward the USL&H class of business. Specialized loss control and claims handling ensure proper care for this specialized class of business.
- Minimum Premium: $2,000
- Territory: All states
For more information contact
Commercial and Marine Package
- Eligible Risks: Marinas, Boat Dealers, Yacht Clubs, Boat Builders, Marine Artisans
- Company: North American Specialty (A SwissRe company)
- A.M. Best Rating: A
- Program Established: 1990
- Attributes: Very strong on smaller risks in the premium range of $2,500 - $50,000. $5,000,000 limits or less. Wind capacity available in coastal southeast region.
- Minimum Premium: $2,500
- Distribution: Offered exclusively through MPG
- Territory: All states
- For more information contact: Damon Pesce 800.366.8086
Commercial and Marine Packages
- Wholesale Program Available to: Marinas, Boat Dealers, Boat and Marine Manufactures
- Company: Federal Insurance Company
- A.M. Best Rating: A+
- Program Established: 2002
- Attributes: Focus on larger risks $75,000+
- Minimum Premium: $35,000
- Territory: All states
- For more information contact: Esther Bettum 866.480.7723
Workers Compensation
- Available to: Marinas, Boat Dealers, Yacht Clubs, and Marine Contractors
- Company: Pennsylvania Manufacturer's Association Insurance
- A.M. Best Rating: A
- Program Established: 2009
- Attributes: Custom developed program for the Recreational Marine class of business. State Act and USL&H on an "if any" basis available. Guaranteed cost and High Deductible plans available.
- Distribution: Offered exclusively through MPG
- Minimum Premium: No stated minimum
- Territory: All states
- For more information contact: Damon Pesce 800.366.8086
* The company listed under each program is the most common used paper. Several other writing companies may be utilized depending on the state or rate plan.