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Chubb ranked #1 for Customer Satisfaction with the Home Insurance Claims Experience
Chubb ranked #1 for Customer Satisfaction with the Home Insurance Claims Experience
Chubb ranked #1 for Customer Satisfaction with the Home Insurance Claims Experience
Chubb ranked #1 for Customer Satisfaction with the Home Insurance Claims Experience
Because pets are family, Chubb now offers pet insurance with top-rated coverage from Healthy Paws.
Chubb offers the insurance protection you need for travel’s many “what ifs”.
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Stay ahead of cyber threats with our free Cyber Claims Landscape Report.
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Many digital-savvy consumers look for it as a core or add-on option.
Many digital-savvy consumers look for it as a core or add-on option.
Many digital-savvy consumers look for it as a core or add-on option.
Chubb’s in-house technology makes it easy to integrate what we do into your customer experience.
Safety at sea. Safety on shore.
Sea’s the opportunity: Now is the time grow your business with Chubb Recreational Marine
With continued market growth and steady consumer spending and sales,1 Chubb Recreational Marine is a great way to grow your business. And if you’re new to selling boat and yacht insurance, we have all the tools you need to navigate unchartered waters.
Key stats on the opportunity:
- The recreational boating industry in the U.S. is worth more than $50 billion annually. 2
- There are 12-13 million registered recreational boats in the U.S. 3
- The luxury yacht market is growing 5-8% annually 4
- Looking ahead, new powerboat sales in 2026 are forecast to be on par or slightly up from last year. 5
Safety is top-of-mind for boat owners—leverage this insight.
According to our 2025 Wealth Report, nearly all surveyed boat owners worry about safe operations, with 32% considerably concerned. Our analysis also shows boat owners — even experienced boaters — are most likely to file a claim within their first year of ownership. This presents a powerful opportunity for agents to address these concerns and build trust.
To help you engage clients and prospects, you’ll find a robust suite of safety-focused videos, guides, and articles from our watercraft specialists below. Plus, our Agent and Broker Recreational Marine Playbook provides proven strategies for communicating the value of Chubb to your boating clients. You can access the playbook by logging in to the Agent Portal and visiting My Resources Marketing Materials > Products.
Your action plan: focus on geographic hot spots
The Midwest and West regions are outperforming sales expectations, with the West up 13.9% in recent months. Areas like Florida and Texas continue to be the largest growth areas as well. And, remember, boaters aren’t always ultra-high-net-worth individuals and families. Often times they’re our neighbors, with 61% of boaters having an annual income of 100,000 or less. 5
Target these markets and opportunities and use our Recreational Marine playbook for assistance with identifying the ideal clients, how to sell watercraft insurance, overcoming objections, resources, and much more.
Your clients will love the Chubb difference
- Chubb looks for ways to prevent damage from happening in the first place. For example, if your client needs to move their vessel to safety because of an impending hurricane or tropical storm, there’s coverage for those costs.
- We agree to the value of the boat when the policy is written. That way, your client knows how much they'll get if a total loss occurs. If it's damaged beyond repair, we'll write a check for the agreed amount and also waive the deductible.
- Manage insurance from the water with the Chubb Mobile app. The Chubb Mobile app allows clients to make convenient online payments, view policy documents, access proof of insurance ID cards, report claims, and much more.
- The freedom to choose. We offer a “Select” option with new coverages and higher limits on key coverages, and a single policy option that lets clients combine personal watercraft, boats, and yachts of all sizes on a single policy.
- With Chubb claims, we're here for you. The insurance claims process can sometimes be, well, a process. At Chubb, it's different. That's because we're not just in the insurance business, we're in the people business. Our experienced claims specialists are relentless about every detail and look to get clients back on the water quickly.
- Chubb provides yacht owners with services like background screenings, travel briefings, and discounted rates on security services at no additional charge.
Sales resources
A stand-alone guide for the types of boats and account characteristics that may make clients an ideal match for Chubb Recreational Marine.
This informative guide can be co-branded to introduce your clients to Masterpiece Boat Select and Masterpiece Yacht Select.
Featured claims stories
Our Claims Stories series makes it easy to highlight the best features of our Recreational Marine policies, which cover a wide variety of vessel types and geographies, and it shows the different ways in which Chubb insurance can make a real difference.
Masterpiece® vs. Masterpiece Select coverage summaries
Knots to Know
Looking for more Recreational Marine resources such as brochures, safety guides, articles, and tips?
Visit the Chubb Agent Marketing Center today to access the complete collection of Recreational Marine marketing assets!
1. https://www.insurancejournal.com/magazines/mag-features/2025/03/24/816440.htm
2, https://coast.noaa.gov/states/fast-facts/marine-economy.html
3. https://www.nmma.org/press/article/25236
4. https://www.dreamyachtsales.com/blog/yacht-industry-statistics/
5. https://boatingindustry.com/news/2025/01/14/nmma-shares-2024-u-s-boat-sales-stats/