We provide exceptional boat insurance with tailored protection, competitive rates, along with valuable features to protect both boat owners and their vessels.
Chubb Masterpiece® Boats & Yachts Coverage Highlights
Total Loss Settlement
We pay the entire agreed amount, with no deductible, for a total loss. With our Masterpiece Boat Select policy, eligible vessels can receive Replacement Cost coverage up to 120% of the vessel’s insured amount.
Partial Loss SettlementWith our Masterpiece Boat Select policy, the repair or replacement of covered property is paid for without deduction for depreciation on most partial losses.
Liability ProtectionLimits of coverage to suit your personal needs, including: legal defense costs, pollution liability coverage as required by the Oil Pollution Act of 1990, and wreck removal.
Medical PaymentsReasonable medical and related expenses are included for all those onboard, boarding or leaving the covered vessel. These benefits are provided on a per occurrence basis. Increased limits are available.
Uninsured/Underinsured Boater CoverageCoverage for bodily injury to persons aboard the insured watercraft who are injured by an uninsured owner or operator of another vessel.
Longshore and Harbor Workers’ Compensation Act (LHWCA)When liability coverage is purchased, coverage is automatically provided for those employed aboard the vessel who are within the jurisdiction of the LHWCA.
Personal Property & Fishing Equipment CoverageProtection is automatically included for the clothing, personal effects and fishing gear of the boat owner and their guests. Optional higher limits are available.
Emergency Towing & AssistanceWe automatically include this coverage with optional higher limits available.
Trailer CoverageTrailers are automatically covered up to the policy limit. Increased limits are available.
Precautionary MeasuresCoverage up to the policy limit for the reasonable costs incurred to haul, fuel, or dock the insured watercraft endangered by a covered peril.
Coverage for Marinas as Additional Insured
Marinas, yacht clubs and similar facilities where clients keep their vessels are included as Additional Insureds.