Chubb Raises the Sails with a New Standard for Watercraft Insurance
On April 23rd, Chubb Insurance Company of Canada launched its enhanced Watercraft Policy. The policy has several advantages including a new discount, improved deductible options, expanded navigational coverage, travel-sized certificates of insurance and greater damage coverage.
The enhanced policy provides a 5% discount if the watercraft owner also has their home covered by Chubb Canada, and provides a 0.5% deductible option for boats with hull values over $50,000. Recognizing that many boaters live along the border, there are enhanced navigational limits with expanded West Coast navigation and a more cost effective Port of New York trip charge.
