Mobile Gear includes longliners, but mainly trawlers/draggers, scallopers or any active gear towed and then hauled back while underway with winches or drums.
Mobile gear fisheries present the most challenging underwriting problems due to intensity of effort and the dangers associated with the deck machinery.
We blend rates for combination vessels, such as vessels that gillnet or salmon troll but also drag for fish/shrimp or scallop dredge, depending on the season.
Rates also differentiate between vessels that land fish practically day by day (inshore, defined as less than 50 miles offshore) and trip fishers.
Wells & Co generally has an offshore limit of 100 miles for any commercial fishing vessel that we may underwrite.