Charterers Liability Insurance

Charterers Liability Insurance is designed to cover your legal liabilities arising out of the chartering of a ship or space on a ship.

Charterers Liability has 5 main areas

Damage to Hull

Liability for loss/damage to the chartered vessel

Protection & Indemnity

Liability for third party property damage (other than the chartered vessel) and third party bodily injury

Liability to Cargo

Liability for loss/damage to cargo carried on the chartered vessel
(NOT REQUIRED IF CARGOES OWNED BY ASSURED)

Pollution

Liability for third party bodily injury/property damage caused by pollution

Charterers War Risks

Liability for third party bodily injury/property damage caused by acts of war.

Cargo owners legal liability Insurance

If you are the owner of the goods being transported, you may find a claim being brought against you in your position as cargo owner, rather than as charterer. In this case, it is possible that the basic Charterers’ Liability Insurance will not cover you for all liabilities. Cargo Owners’ Legal Liability Insurance is designed to fill this gap, ensuring that you are completely covered against all potential liabilities.

If you have any questions, or, if you would be interested in receiving a quotation for your insurance,
please contact us at info@coastalstatesinsurance.com or
call us at +1 (850) 233-9060.