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Marine Facilities Insurance

marina full of boats
WHO WE SERVE

We provide tailored insurance to a wide variety of marine clients, such as

Marinas
  • Wet and dry storage, hauling and launching
  • Repair and fueling
  • Ship stores and restaurants
  • Boat rental operations

 

Boat dealers

  • Sea trials
  • Boat shows

Boat clubs

 

Boat builders

  • Custom and semi-custom boat builders

 

Yacht clubs

  • Profit and non-profit
  • Fleets, regatta liability and sail training

Is this the type of coverage you need?

PRODUCTS & SERVICES
PRODUCTS & SERVICES

Chubb's marine facilities industry practice offers protection to companies of all sizes

Marine hull and protection & indemnity

Companies in the marine transportation industry can minimize their losses with Chubb's Marine Hull and Protection and Indemnity products.

Marine liability insurance

Chubb helps terminal operators, charterers, ship yards/repairers, marine contractors and stevedoring operations protect against risks that can impact your corporate assets.

Builders risk insurance

Take advantage of the specialized solutions, experience, financial capacity and underwriting flexibility to meet the insurance needs of contractors and developers.

Environmental insurance

Protect your property investments and your bottom line with our broad-based coverage for environmental threats ranging from construction project pollution to storage tank issues to mold exposures.

Commercial auto

Protect against exposure with tailored risk management and risk engineering — including traditional insurance, alternative risk financing, risk assessments and training to help manage your company’s auto liability exposure.

Property insurance with equipment breakdown

Industry-specific coverage that can be purchased packaged or monoline for losses caused by equipment breakdowns, with a focus on getting your company back to business as soon as possible.

Recent claim scenario
Recent claim scenario

Chubb empowers boat dealer's swift recovery

A tornado severely devastated an insured boat dealer’s buildings and many boats held for sale during the winter. Chubb’s marine surveyors immediately jumped in and helped the insured assess the loss. 

The insured elected to do the boat repair work themselves, which led to the fastest possible resolution as it allowed them to be sold to the public quickly. Chubb adjusters were then able to shift attention on resolving the total boat losses and the building portion of the loss. 

Chubb’s focus on managing the process allowed the insured to be back in business quickly without suffering a business income loss.* 

*The claim scenarios described here are intended to show the types of situations that may result in claims. These scenarios should not be compared to any other claim. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law. 

ADDITIONAL SERVICES

Chubb Risk Engineering 

Increasing globalization, new business models, changing technology, an evolving risk management approach — as you face these challenges, Chubb can craft risk engineering solutions to address your specific risks. Our in-house network of more than 400 risk engineers around the globe helps companies anticipate and minimize costly exposures.

Why Chubb
Why Chubb

Risk management procedures to respond to the complex insurance needs of the marine facilities industry

Whether your business takes you around the world or just around town, Chubb is there for you. Our breadth of experience lets us provide the insurance solutions you need, whenever you need it, wherever you may be.

Partnership that’s personal

We work to understand your business and where you’re headed so we can be proactive about meeting your needs. We invest in getting to know you, your team, and your customers. The goal: to help you see ahead, be ahead, and stay ahead.

Creative problem-solving

Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.

Unmatched expertise and financial strength

Chubb has served clients and partnered with leading organizations for more than 200 years. Our longevity, expertise, and financial strength are the bedrock of our business.

INSIGHTS & RESOURCES
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