Why marine businesses choose Bumbershoot Liability insurance
Marine operations often face liability exposures that exceed primary marine insurance limits, leaving gaps in protection. Bumbershoot Liability insurance provides excess liability protection after underlying marine policies are exhausted, helping cover catastrophic claims such as shipyard accidents, vessel collisions, pollution events, crane failures, and employer’s liability lawsuits. For more than 35 years, MHG has supported clients with tailored marine liability solutions.
Learn more about Bumbershoot Liability insurance
Discover what a Bumbershoot Liability insurance policy covers and which marine businesses can benefit from this additional layer of liability protection.
What does Bumbershoot Liability insurance cover?
Depending on the policy, Bumbershoot Liability insurance may provide excess coverage for the following liability exposures:
- Marine General Liability
- Maritime Employers Liability
- Protection & Indemnity
- Commercial Auto Liability
- Employers’ Liability
Who needs Bumbershoot Liability insurance?
Marine businesses that commonly purchase Bumbershoot Liability insurance include:
- Ship repairers
- Yacht repair businesses
- Shipyards
- Marine contractors
- Stevedores
- Terminal operators
- Wharfingers
- Marina operators
- Marine construction companies
- Marine service providers
- Vessel maintenance companies