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

Did you know?

 

Americans continue to enjoy boating as a safe, healthy way to relieve stress and enjoy quality time outdoors.  An estimated 100 million Americans enjoy boating and the economic contributions from boating and fishing were up nearly 30 percent in 2020, compared to 2019. 

 

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

- Annual U.S. sales of boats, marine products and services totaled $49.3 billion in 2020, up 14 percent from 2019.

- It’s not just new boats being sold; an estimated 1.1 million pre-owned boats were sold in 2021.

- U.S. new powerboat retail unit sales are expected to surpass 300,000 units for the second consecutive year

 

What’s more, manufacturing productivity is revving back up to meet demand for new boats and building production is nearing pre-pandemic levels as supply chain constraints ease. This year new boat sales are projected to surpass 2021 totals by as much as 3 percent, making 2022 is the perfect opportunity for you to grow your business with Chubb Recreational Marine. 

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.

woman in denim jacket looking out to see

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.

 

 

 

Download
preview of cobrandable boat & yacht highlights PDF

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.

Download

Real life claims examples

Leverage new case studies to highlight features of our Recreational Marine policies, covering a wide variety of vessel types and geographies, and show different ways in which Chubb insurance can make a real difference in a client’s outcome.

 

For more recreational marine case studies, visit our Agent Marketing Center.

Chubb Case Study

Precautionary Measures coverage helps save clients’ boat from a hurricane

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Chubb Case Study

Chubb turns a rocky start into a happy client

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Chubb Case Study

Damage to mega-yacht doesn’t put a damper on holiday cheer

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See the Chubb Difference

Watch this short video to see how Chubb kept their client cruising when they experienced some trouble in the water.

Why Choose Masterpiece Boat Select & Yacht for your clients

close up of boat in water during sunset

Safety at Sea, Security on Shore

- Coverage is provided for sinking, collision, fire, demasting, explosion, or stranding that results from commonly excluded causes of loss such as wear and tear, gradual deterioration, and lack of maintenance.

- No exclusion for mechanical or electrical breakdown, as well as latent, design, and manufacturing defects.

close up of wheel on yacht

We look for ways to do more

- We look to prevent damage from happening in the first place – so if you need to move your vessel to safety because of an impending hurricane or tropical storm, there’s coverage for those costs.

- We provide yacht owners with complimentary background screenings, travel briefings, and discounted rates on security services and consultations for local laws and customs.

close-up of sailboat

We look for ways to say yes

- 95% of Chubb Claims clients with a paid claim are highly satisfied with their claims experience.*

- We’ve trained our adjusters responding to a claim to consult you within 24 hours, and if approved, to issue payment within 48 hours. Our claim adjusters have the authority to pay claims, but can’t deny a claim without a manager’s approval.

* Scores are for paid claims for personal lines and commercial lines combined;  surveys conducted by Chubb averaged over a 5-year period (2017-2021).

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

Leverage our new Recreational Marine Digital Postcard

With over 300,000 new boats on the water this year, now is a great time to grow your Recreational Marine business – with help from Chubb. 

If you prefer sharing a simple email attachment with clients and prospects, check out our new Recreational Marine Digital Postcard. This document can be co-branded with your agency’s logo and highlights the best our Recreational Marine coverages and services have to offer. 

Click here for step-by-step instructions on how to co-brand our marketing piece. 

Coming Out of Lay-Up

It’s spring — and time to prepare for boating season. If your boat was in lay-up over the winter, you’ll need to take care of a few things before it’s ready to go. Here are some suggestions to help you make sure your vessel is ready for a successful launch and a safe and relaxing season.

preview of rec marine tip sheet

Tip Sheet

Download
preview of rac marine brochure with boat on cover

Brochure

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Going Into Lay-Up

Once a summer ends, many boat owners across the country will begin to prepare their vessels for winter storage. To help your client with this important lay-up process, we’re sharing our “Going Into Lay-Up” tip-sheet, along with our full length “Going Into Lay-Up” brochure.

preview of rec marine tip sheet

Tip Sheet

Download

Brochure

Download

6 knots to know

How to Tie a Figure Eight Knot

Figure Eight Knot

An ideal knot to keep the free end of a line from running out of a block or fairlead.

Play

Bowline Knot

Sometimes referred to as the “King of Knots,” it forms a fixed loop that won’t slip, but is easy to untie.

Play

Square Knot

Used at sea for reefing and furling sails.

Play

Anchor Bend Knot

Used to secure a line to a ring on a buoy or anchor rode. A strong, chafe-resistant knot.

Play

Two Half Hitches Knot

Reliable, quickly tied, and the hitch most often used in mooring.

Play

Clove Hitch Knot

The general purpose hitch, used wherever you need a quick, simple way of securing a line around a post, railing, spar or cleat.

Play

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!

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.