Shoreside Property Insurance provides focused and flexible cover for owners of shoreside property and related equipment on or around the coastal area, with specific focus on areas of the world exposed to wind, flood and earthquake.
Thomas Miller Specialty's Shoreside Property Insurance typically covers:
- Ship Repair Facilities
- Warehouse and Storage Facilities
- Privately Owned Terminals
- Shoreside Facilities
In addition to the all risks physical damage coverage for property and scheduled equipment associated with the operation, the policy also includes business interruption that can occur when that equipment or property becomes affected by accident and/or natural disaster.
Third Party cover
This policy can be extended to include Third Party Liability coverage that dovetails seamlessly with the property coverage to give a fully comprehensive primary product.
Each product can be underwritten on policy forms specifically written, often with the applicant’s broker, to meet the needs of the insured.