Emergency Action Plan Checklist for Marinas and Yacht Clubs
Marine facilities must protect against exposures both in water and on land. Chubb recognizes the unique risks faced by marine facilities and offers customized insurance solutions to cater to their individual needs to stay competitive. Chubb has been insuring marine facilities for over 30 years and remains committed to serving clients in this complex and ever evolving sector.
Boat dealers
Boat clubs
Boat builders
Yacht clubs
A tornado severely devastated an insured boat dealer’s buildings and many boats held for sale during the winter. Chubb’s marine surveyors immediately jumped in and helped the insured assess the loss.
The insured elected to do the boat repair work themselves, which led to the fastest possible resolution as it allowed them to be sold to the public quickly. Chubb adjusters were then able to shift attention on resolving the total boat losses and the building portion of the loss.
Chubb’s focus on managing the process allowed the insured to be back in business quickly without suffering a business income loss.*
*The claim scenarios described here are intended to show the types of situations that may result in claims. These scenarios should not be compared to any other claim. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law.
Increasing globalization, new business models, changing technology, an evolving risk management approach — as you face these challenges, Chubb can craft risk engineering solutions to address your specific risks. Our in-house network of more than 400 risk engineers around the globe helps companies anticipate and minimize costly exposures.
Whether your business takes you around the world or just around town, Chubb is there for you. Our breadth of experience lets us provide the insurance solutions you need, whenever you need it, wherever you may be.
We work to understand your business and where you’re headed so we can be proactive about meeting your needs. We invest in getting to know you, your team, and your customers. The goal: to help you see ahead, be ahead, and stay ahead.
Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.
Chubb has served clients and partnered with leading organizations for more than 200 years. Our longevity, expertise, and financial strength are the bedrock of our business.