As Hurricane Teddy passes by Bermuda, the BF&M office is closed today, Monday, September 21.
Please note our online Quote and Buy service for Marine and Home Insurance is currently suspended. Please call 295 5566 option 4 for assistance.

The application process for a one-time Pension refund per the Covid-19 Pension Act Amendment is NOW OPEN.  Click here to apply

Back to FAQs

What type of damage are my business vessels covered for?

With our Commercial Marine Insurance, your vessels are covered for losses such as accidental grounding, fire, theft and sinking. Though, there are standard deductibles for damages caused by weather, sinking, and going aground - and these are higher during ‘named storms’.

As well, the coverage includes inspecting the bottom of the vessel after stranding and salvages costs after sinking.

More Marine & Transit FAQs

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+1-441-295-5566