Ship Repairers’ Liability Insurance is designed to protect businesses involved in the repair and maintenance of ships.
It covers the repairer’s legal liability for damage to vessels in their care, custody, or control, whether it’s due to negligence, accidents, or defective workmanship. This insurance is crucial for shipyards and repair facilities, ensuring that costly mistakes don’t sink their business.
For ship repairers, having this coverage demonstrates professionalism and responsibility, reassuring clients that their vessels are in safe hands. It also helps protect your business from financial losses that could arise from disputes or damage, allowing you to focus on delivering quality repair services without worrying about potential liabilities.