What You Should Know About Vessel Pollution

Every boat owner needs to be mindful of vessel pollution. Whether you’re a commercial vessel operator or you own a boat that you use for recreational purposes, pollution could pose a serious and costly problem.

Understand the Causes and Effects of Vessel Pollution

A leak can occur as the result of an accident involving negligence or a mechanical oversight, but it can also occur in the absence of any wrongdoing due to simple equipment failure. The most common forms of vessel pollution are oil and fuel leaks. Vessel operators have to take immediate action after a spill has occurred to mitigate the extent of the damage.

Protect Yourself From Liability

It’s imperative that vessel operators who are responsible for cleaning up after a spill have the resources to do so effectively. Cleaning up pollution in the water can be extremely labor-intensive, and the way that cleanups are conducted is subject to numerous regulations. An insurance policy that covers these types of events can help pay for cleanup and also cover third-party claims for vessel pollution liability.

If you need insurance to cover vessel pollution, reach out to an insurer that specializes in this area. They can help you build a policy that addresses your risk exposure and provide valuable guidance about how to manage a spill.



Commercial Insurance for Car Carriers

There are many important factors that commercial car carriers must consider when they’re selecting insurance. When you’re getting coverage for your vehicles that are used for transport, you need to get policies that will comply with all applicable regulations and also address the full scope of your liability exposure.

Regulatory Considerations

Coverage for car carriers may be regulated by the state in which they base their operations. However, depending on a carrier’s cargo and activities, it may be necessary to obtain coverage that is greater than minimum regulatory requirements.

Liability for Damage to Cargo

A car carrier can be liable for any damage to cars that it is carrying. It’s important that its liability insurance is adequate to cover the full value of potential damage to its cargo.

Third-Party Liability

Even the most experienced drivers could be involved in an accident with another driver. Regardless of who is actually at fault in an accident, a semi driver’s liability could be significant.

Equipment Malfunction

A fault in the equipment that secures and unloads vehicles could result in an accident that causes serious property damage or personal injury.

Insurance is an integral part of a car carrier’s risk management plan. It’s advisable to work with an insurance company that is experienced in serving clients in your field and can help you obtain the right coverage.