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Blue Creek Insurance Company Ltd.

Marine Vessel Insurance

Available for pleasure, cargo, and commercial vessels

Marine vessel owners face unique risks and challenges, whether they’re running a commercial shipping company, fishing boat operation, or enjoying their personal yacht. That’s why it’s crucial to have reliable insurance coverage to protect against the unexpected.

Our team has a deep understanding of the maritime industry and will provide tailored policies that meet your specific needs.

Let’s start by describing the two basic sections of a typical vessel insurance policy: physical damage and liability. 

Coverage Details

The physical damage section covers accidental loss or damage to the boat and its machinery. This includes the sails and other equipment on board that are required to operate the boat.

What losses are covered?

Physical damage coverage generally pays for repairs to your boat as a result of damage caused by a wide range of perils. The most comprehensive policies provide “all risk” coverage, which means that if the cause of loss is not specifically excluded, it is covered. 

Typical causes of loss include weather-related perils such as wind, rain, hail, lightning, and wave action; fire; loss or damage caused by theft or vandalism; and collisions with docks, submerged or floating objects, or other boats.

The liability section, sometimes referred to as third party liability, covers your legal obligations to third parties. This legal liability can arise from bodily injury or loss of life, or damage to someone else’s property, as a result of the ownership or operation of your boat.

Businesses that operate any water vessel for commercial passenger service purposes should obtain passenger liability insurance to protect passengers. In accordance with the third party liability section, this type of coverage extends to include coverage for your legal obligations to third party passengers for bodily injury and property damage claims.

Everything You Need to Know to Get Insured

Secure a quote

Have your supporting documents ready


  • Sea Worthiness Certificate 
  • Vessel Registration Certificate 
  • Two forms of identification (Social Security, driver’s license, passport, or other) 
  • Proof of address (utility bill: water, light, cable, other)

Additional requirements for hull and machinery coverage: 

  • Below $100,000: a recent valuation report 
  • Above $100,000: a recent survey report from a certified marine surveyor 

Applicable for a Company:

  • Certificate of Incorporation 
  • Certificate of Good Standing 
  • Certificate of Registration 
  • 2 forms of identification of all shareholders, directors, and owners 
  • Proof of address

Make payment online

We offer E-Kaysh, online bank transfer, or you can visit our office located at Mile 10 Philip Goldson Highway, Teichroeb Building
Second Floor, Ladyville, Belize

Visit our office

Come to our office to sign a proposal form and receive your insurance policy

Request a free quote

Simply fill out the contact form and one of our experienced agents will be in touch with you shortly to discuss your insurance needs and provide a personalized quote. 

Our goal is to make the insurance process as easy and stress-free as possible, so you can have peace of mind knowing that you’re fully protected.