Marine Facilities Insurance

boats in a marina

Products and services

Marine facilities must protect against exposures both in water and on land. Chubb recognizes the unique risks faced by marine facilities and offers customized insurance solutions to cater to their individual needs to stay competitive. Chubb has been insuring marine facilities for over 30 years and remains committed to serving clients in this complex and ever evolving sector.

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.
General liability insurance
Coverage can be purchased packaged or monoline and include a blend of traditional insurance and alternative risk financing mechanisms to help manage your company’s liability risk.
Umbrella & excess casualty insurance
Our robust, feature-rich policies offer insurance protection over and above your underlying policy limits and coverage options for your organization’s unique exposures.
Crime Insurance
From theft and vandalism to social engineering and employee fraud, your company faces a wide array of potentially costly risks. Your crime insurance policy should be equally broad and flexible to provide the utmost protection.
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. 

 

Resources

Insights and expertise

We keep you informed – and your business protected – with these helpful articles.
Speed boat
Boats & Yachts
Your essential pre-departure and boating safety checklist
Before you head out on the water for the first time this season, it’s important to make sure you and your boat are completely prepared. That’s why we’ve put together the following checklist for you to follow for a safe boating season, starting day one.
sailing with a boat
Boats & Yachts
10 ways to prepare your boat for a hurricane
The climate experts at the National Oceanic and Atmospheric Administration (NOAA) continue to predict active Atlantic hurricane seasons in the coming years. Therefore, boaters in hurricane-prone regions need to take steps to keep their vessels safe from harm or at least minimize potential damage and injuries. To help, we’ve put together a few important tips:
rope tied to dock
Boats & Yachts
Tips for docking your boat safely
Just like parking a car can cause stress for some, so can docking a boat, especially if you’re not sure of yourself. But close quarters don’t have to mean scratches and scrapes on your boat. Take a look at these tips to help you keep your boat in pristine condition when you pull in and out of the dock.
speedboat on water
Boats & Yachts
The three “P’s” of marine fire safety
Keep yourself, your family, and your friends safe while aboard your boat or yacht this season by reviewing the three essential “P”’s of marine fire safety.
yachts on marine
Boats & Yachts
12 safety tips for recreational boaters
As the weather warms up, many of us head to lakes, rivers, or the ocean to fish, waterski, cruise, and relax onboard a boat, yacht or other personal watercraft. With nearly 12 million registered recreational boats in the U.S.*, it’s no wonder the waterways are a popular place to go. But, before you head out with friends and family, take note of a few important safety tips.
luxury yachts at sunset
Boats & Yachts
What to consider when choosing a marina, yacht club, or other facility
Whether you’ve just purchased a boat or yacht or have had one for years, where you keep it when you’re not using it is almost as important as the vessel itself. That’s why it’s so essential to do your due diligence before choosing a marina, yacht club, or other facility.
marina storm
Boats & Yachts
Protecting your boat from hurricanes and other major storms
Tips for how to protect your boat from damage before a hurricane or major storm hits.
marina in winter
Boats & Yachts
Going into layup: Preparing your vessel for winter storage
When summer is coming to an end, it’s time to prepare your boat for the winter months. If you plan to have your boat hauled out and stored over the winter, here are a few items to remember.
a boat on the ocean
Boats & Yachts
Finding the right insurance coverage for your boat
Insurance coverage for boats and yachts varies greatly from company to company. Chubb Recreational Marine Insurance, one of the nation’s largest marine insurance specialists, offers these tips for smart insurance buying.
dog on the sailboat
Boats & Yachts
4 questions to help you decide whether to repair or sell your boat
Is your boat getting a little tired? Does it need a little work or just a facelift to make it feel more up-to-date? The decision you face, then, is whether you should fix it up and keep it, or sell it and buy something new. Here are 4 quick questions to help your decision-making process:

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