Marine liability insurance protects vessel owners, operators, and marine businesses from third-party legal and financial risks arising from maritime operations. Whether you operate cargo vessels, fishing boats, or service crafts, this coverage is vital in Canada’s complex marine environment.

What Does Marine Liability Cover?

Marine liability insurance typically includes:

• Collision liability – damage to other vessels or property
• Crew and passenger injuries – legal costs and compensation
• Pollution liability – fuel spills and environmental damage
• Legal defense costs – lawsuits, investigations, and settlements

Coverage may be written as Protection & Indemnity (P&I) or standalone marine liability policies.

Why It’s Crucial in Canada

Canadian waterways present heightened exposure due to:

• Ice conditions and harsh weather
• Congested ports and inland waterways
• Strict environmental and maritime regulations

Even a minor incident can trigger significant legal and cleanup costs.

Designed for Your Operations

Limits and premiums depend on vessel size, usage, navigation area, and claims history. Proper liability coverage helps protect assets, contracts, and long-term business stability.

Marine liability insurance ensures you stay financially afloat—no matter the risk.

Brokers can contact Total Risk Managers to discuss a risk.

This article is general information for insurance brokers. It is not advice, and it is not a quote or an offer of coverage. Policy wording decides what is covered. Coverage is arranged through a licensed insurance broker.