Salvage and towing operations face some of maritime's highest risks—working with distressed vessels, valuable cargo, and hazardous conditions. Specialized insurance protects Eastern North Carolina's salvage and tug operators with coverage designed for these demanding marine operations.
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Salvage and tug operations combine vessel risks with unique liability exposures from handling other people's vessels and cargo. Comprehensive coverage addresses these specialized needs:
Covers physical damage to your tugs, salvage vessels, and support craft. Addresses the heavy-duty use and demanding conditions of commercial towing and salvage operations.
Comprehensive liability coverage for injuries, property damage, and third-party claims. P&I coverage is essential for the high-risk nature of salvage and towing work.
Specialized coverage for damage to vessels under tow. Addresses your liability when towed vessels sustain damage during towing operations.
Covers pumps, compressors, diving equipment, and specialized salvage gear. Protects your investment in the equipment that makes salvage operations possible.
Covers your legal obligation to remove wrecks resulting from your operations. Addresses both your own vessels and vessels in your care that become wrecks.
Covers cleanup costs and liability when salvage or towing operations cause pollution. Essential coverage given the fuel and cargo exposure in distressed vessel situations.
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Eastern North Carolina's active shipping lanes and coastal waters create ongoing demand for salvage and towing services. Regional factors shape coverage needs:
Barge towing along the Intracoastal Waterway and coastal routes faces weather, navigation, and traffic exposures. Coverage should address your specific towing routes and cargo types.
Assisting commercial vessels at Oregon Inlet, Morehead City, and Wilmington creates significant liability exposure. Coverage should reflect the values of vessels you may assist.
Towing disabled recreational boats involves different risks than commercial operations. Coverage should address the volume and nature of your recreational towing services.
Hurricane season creates surge demand for salvage services. Policies should address the increased exposure of post-storm salvage and recovery operations.
Multiple vessel operations require coordinated coverage. We structure fleet programs that provide consistent protection across all your tugs and support vessels.
Damage to vessels under tow can involve significant values. We help you determine appropriate tower's liability limits based on the types of vessels you typically handle.
Towing contracts and salvage agreements affect liability allocation. We review your standard contracts to ensure insurance terms align with your operational agreements.
Salvage operations often involve pollution risk. We coordinate pollution liability coverage with response planning to ensure comprehensive protection.
Jones Act and maritime employer liability create significant crew injury exposure. We ensure comprehensive coverage for your maritime employment obligations.
Salvage and towing claims involve complex maritime law including salvage awards and limitation of liability. We navigate these specialized claim situations.
Salvage and towing operations face unique maritime risks that require specialized insurance expertise. Our marine specialists understand these demanding operations. Call us at (252) 637-4173