#USA #New York #Marine Insurance #Chubb #Safe Harbor

Partnership Announcement: Chubb and Safe Harbor Marinas

In a significant development for boating enthusiasts, Chubb, a leading global insurance provider, has partnered with Safe Harbor Marinas, the largest operator of marinas worldwide. This partnership introduces an exclusive insurance arrangement that covers members across more than 150 marinas, ensuring they have access to comprehensive recreational marine insurance.

Chubb's selected insurance service, Masterpiece Select Recreational Marine Insurance, offers a wealth of benefits tailored specifically to meet the needs of boat owners. This collaboration aims to enhance the boating experience while also securing peace of mind for those who spend time on the water. Kimberly Finlay, Senior Vice President of Recreational Marine Leader at Chubb, expressed enthusiasm about the partnership, stating that it underscores their commitment to providing exceptional service and tailored coverage for boating enthusiasts.

Key Features of Masterpiece Select Recreational Marine Insurance

The Masterpiece Select policy comes equipped with several standout features that set it apart in the marine insurance sector:

• - Total Loss Settlement with No Deductible: Members can enjoy a total loss settlement that does not require any deductible, making it easier and more beneficial for them in case of significant losses.
• - No Depreciation on Partial Losses: The policy does not account for depreciation on partial losses, meaning members receive the full value of their claims.
• - Comprehensive Coverage: The insurance includes protection against a variety of incidents such as sinking, collision, fire, demasting, explosion, and stranding that are typically excluded from traditional policies.
• - Mechanical and Electrical Breakdown Coverage: This ensures that unexpected mechanical issues do not lead to substantial personal or financial losses.
• - Emergency Services: Personal property coverage, emergency towing, and service are included, providing a safety net for members in distress.
• - Uninsured/Underinsured Boater Coverage: This feature safeguards members against losses incurred by other boaters who may not have adequate insurance.
• - Hurricane Haulout and Precautionary Measures: The policy covers precautionary measures like hurricane haulout, essential for those who navigate risk-prone waters.

About Chubb

Chubb stands at the forefront of the insurance industry, boasting a rich history that spans over a century. With operations in 54 countries, they provide an extensive variety of insurance products, including property and casualty, personal accident, supplemental health, reinsurance, and life insurance. Their reputation is built on exceptional product offerings, financial strength, and a commitment to customer service.

About Safe Harbor Marinas

Safe Harbor Marinas operates as the world's largest marina owner and operator. They focus on providing exceptional service and memorable experiences for the boating community. This collaboration with Chubb enhances their service offerings, providing added value to their members.

In conclusion, the partnership between Chubb and Safe Harbor Marinas marks a significant step towards ensuring that boating enthusiasts have access to robust insurance coverage. This initiative not only reflects both entities' commitment to service quality and customer satisfaction but also highlights the importance of safety and security in the marine environment. For more information on coverage options, visit Chubb Boat & Yacht Insurance.