Commercial General Liability (CGL) class code 91235 is for Boat Repair and Servicing. This code covers businesses that repair and service boats. The code includes the following activities:
- Repairing boats
- Servicing boats
- Selling boat parts
- Boat storage
CGL insurance provides coverage for bodily injury, property damage, and advertising injury claims arising out of the insured's business activities. Class code 91235 is a general liability code, so it does not cover all of the risks associated with repairing and servicing boats. For example, this code does not cover the following risks:
- Damage to boats caused by improper repair or service
- Damage to property caused by the release of hazardous materials
- Bodily injury or property damage caused by explosions or fires
- Bodily injury or property damage caused by the use of radioactive materials
Businesses that repair and service boats should carefully consider their insurance needs and purchase an appropriate policy. Here are some of the things to consider when purchasing CGL insurance for a boat repair and service company:
- The types of boats the company repairs and services
- The locations where the company repairs and services boats
- The types of materials the company uses to repair and service boats
- The company's safety record
- The company's financial stability
By carefully considering these factors, businesses in the boat repair and service industry can purchase CGL insurance that meets their needs and provides the protection they need.