Incidental and Pure Marine Liability
In Atlantic Canada, most of our Tourism Industry Business Owners and Operators have some type of incidental marine exposure. Watercraft under 26 feet in length were generally insured by the CGL policy covering the risk. However, more and more we are seeing CGL insurers refusing to provide liability cover for Bed & Breakfast risks, Motels and Hotels, when there is any watercraft present at the risk, even if that watercraft is under 26 feet in length.
Furthermore, we are seeing more and more insurers change their watercraft exclusion, and new exclusions are appearing in Comprehensive General Liability Policies. These new CGL policies contain an absolute watercraft exclusion.
We also offer coverages for many "Pure Marine Liabilites".