Vessel Types

  1. Research Vessels

    “Seawolf” Owned and operated by the State University of New York, at Stony Brook. Please visit for more information about their School of Marine and Atmospheric Sciences.

    Types of Research Vessels can be (but are not limited to): Government or College/University owned/operated, Privately owned/operated, & USCG Inspected or uninspected. Coverages insure an owner against damages to both hull and property and indemnity (P&I).

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  2. Inspected Passenger Vessels

    “Patriot” Owned by Harbor Dockside, Inc. of Newport Beach, Ca. Please visit for more information.

    Types of Inspected Passenger Vessel operations can be (but are not limited to): Sport Fishing, Sightseeing, Whale Watching, Dive Boat, & Dinner/Cruise. Coverages insure an owner against damages to both hull and property and indemnity (P&I).

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  3. Uninspected Passenger Vessels

    “Blue Fin IV” Owned and operated by Mike Potts out of Montauk, NY. Please visit for more information.

    Types of Uninspected Passenger Vessels include: 6 pack charter boats, 12 pack charter boats (allowable by the USCG if over 100 GRT), & small outboard engine powered charter boats mostly carrying less than 6 passengers. Coverages insure an owner against damages to both hull and property and indemnity (P&I).

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  4. Pilot Vessels

    A Typical Pilot Launch

    We have a special policy tailored for Pilots which protects the pilot whose Association owns the vessels.

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  5. Yachts

    “Ciao” Homeport Montauk, NY

    For insurance company purposes, yacht means pleasure craft in general and we have several companies ready to quote this class.

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  6. Fixed Gear Commercial Fishing

    A Classic Lobster Boat

    Of the many kinds of commercial fishing techniques, for insurance purposes there are two broad groups: Fixed Gear and Mobile Gear. Fixed gear includes rod & reel, powered rod & reel or hook troll, but generally means trapping or potting, and gillnetting, where the catching implement is set, soaked and later retrieved.

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  7. Mobile Gear Commercial Fishing

    “2 Sea Sons” Owned an operated by 2 Sea Sons LLC out of Montauk, NY

    Other than line trolling, mobile gear is defined for insurance purposes as methods of fishing that use towed gear such as nets or dredges that are set out and hauled back while the vessel and gear are underway, typically with a cycle measured in hours or minutes.

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  8. Tug & Tow

    Tow Boat U.S. One of several vessels owned by Dave Holbin out of Old Saybrook, CT. Please visit for more information.

    Wells & Co is not a major market for tug & barge fleets but does entertain submissions for small, typically family owned and locally operated towing accounts and for the various franchises for pleasure craft assistance operations.

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  9. Work Boats

    A Typical Work Boat

    "Work Boat" is a ‘catch-all’ term for many types of marine businesses including harbor operations for yacht waste water collection, baykeeper functions, some marine construction businesses, mooring services, aquaculture tending craft, and generally refers to small scale inshore work of any kind not associated with wild harvest or passenger carrying.

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  10. Builder’s Risk

    One of ACY’s Custom Sportfishermen American Custom Yachts specializes in custom yacht construction, complete vessel refits and all facets of marine service and repair. Their new 90-footer is pictured here under construction. For more information, visit

    This form of insurance is applied to exposures where new boats are being built and the owner needs his own coverage. Sustantial rebuilds of older vessels also fit this category.

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