Chubb Watercraft

Safety at sea.
Safety on shore.

Whether your clients own a runabout, sailboat, or yacht, their watercraft is their escape, and an experience you want to protect.

Did you know?

More people are taking to the water as a safe, socially distant way to relieve stress and enjoy quality time outdoors. In fact, more than 300,000 new powerboats were sold in 2020 alone, representing a 13-year high in boat sales. Here are some additional eye-popping statistics from last year:

Here are some additional eye-popping statistics from last year:

  • Retail unit sales of new powerboats in the U.S. increased in 2020 by 12% compared to 2019, surpassing pre-pandemic expectations of a 2% increase
  • Year-to-date, all boat and yacht segments saw growth ranging from 7% to 26%
  • Wake boats sales—popular for wakesurfing, skiing, and wakeboarding, and attractive to new and active boaters—are estimated to be up 20% in 2020.
  • For the first time in a decade, new boat buyers under age 40 outnumbered buyers over age 60

Source: 2021 National Marine Manufacturers Association, Info-Link Technologies

Superior protection on and off the water

Chubb offers some of the most comprehensive protection and services available. We offer protection that’s built and tailored to your clients’ needs, whether they own a trawler, runabout, or a motor yacht, or they’ve been boating for one year or 30.

Flagship Brochure

Your client’s guide to watercraft protection. Make sure they’re protected, with the right coverage, so they can relax on and off the water.

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Co-brandable Boat Select & Yacht Select Coverage Highlights

This informative guide can be co-branded to introduce your clients to the comprehensive coverages of Masterpiece Boat Select and Masterpiece Yacht Select. If you’re an agent or broker and would like to co-brand this guide, click here for instructions.

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Help protect your client’s watercraft


Grow Your Revenue with Cross-Sell

Offer your clients exceptional watercraft insurance with tailored coverage, competitive rates, and valuable features to protect both boat owners and their vessels. Our Do-It-Yourself Cross-Sell kit provides pre-made tools to drive additional revenue — using your email right from your agency system — including:

  • Step-by-step instructions for selling Chubb Recreational Marine products to current clients
  • Email templates and easy tips for personalizing them
  • Links to Chubb content you can use to get your clients interested
  • Script suggestions for telephone conversations

Coming out of Lay-Up

Going Into Lay-Up

6 knots to know

Additional resources

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!

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Why choose Chubb for your clients’ watercraft coverage:

Choice and Flexibility

We offer easy options to combine multiple watercraft policies onto one, or to opt for higher limits on key coverages. From small boats to mega-yachts, we offer exceptional coverage for all types of watercraft.

We look for ways to do more℠

Our team of recreational marine experts will help you craft the right insurance solution for your clients. And if your clients have a loss, our Recreational Marine Claims Adjusters are dedicated solely to watercraft claims. This means which means they understand exactly what needs to be repaired, and they can help your client get back on the water in no time.

We look for ways to say yes℠

In 98 percent of all Chubb claims, our Claims Adjusters make contact within six hours or less of the initial report. And Claims Adjusters have the authority to pay claims, but can’t deny a claim without a manager’s approval.

Trust Chubb to be there when it matters most.

* 97% of Chubb clients who had a claim paid were highly satisfied with their claims experience.
Become an agent

When you are part of the Chubb network of agents, your customers benefit from industry-leading insurance solutions. In addition, you’ll receive marketing support and product training that helps you maximize your agency’s business potential.

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