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Marine Insurance

Whether your vessel is onshore or at sea, CG Marine policies offer complete security for better peace of mind.

Navigate the stormy times, with CG as your marine insurance partner

Marine insurance offers financial protection for your vessel. Gain protection for motors, equipment, and accessories against weather damage, fire, theft, and other perils of the sea. We cover a wide range of pleasure watercrafts, including but not limited to sailboats, cabin cruisers, dinghy tenders, centre consoles, speedboats, landing craft, sightseeing vessels, and dive boats.

A marine policy that takes cares of your needs

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Reduced premium

Your premium will be reduced if your vessel is out of the water for more than four consecutive months. The more time your boat is idle, the bigger the reduction in premium.

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Access your policy anytime, anywhere

Through our convenient online portal you can quickly get information about your policy and track your claims, with a hassle-free experience.

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60+ years serving the local community

We have over 60+ years of experience as insurance experts and are dedicated to serving the Caribbean Island community.

How CG Marine Insurance can protect you

Third Party Liability

Third Party Liability provides protection against anyone claiming that you have caused them injury or damage to their property whilst using your vessel. Our policy limit for Third Party Liability goes up to $250,000.

Example: While attempting to dock, your boat runs into the side of another boat and scratches its paint. Your liability related to this incident would be covered up to the maximum policy limit.

Damage to Your Vessel

Whilst ashore or afloat, being lifted, hauled out or launched, we cover the cost of repairs or the replacement of the vessel if damaged by an insured event. Vessel repairs can be very costly and having this cover will protect you against unexpected damage. 

Example: Your boat scrapes across the top of a coral bed, causing damage to the bottom of the vessel. We will cover the costs to repair and restore your boat to its previous condition.

Personal Effects Cover

Whilst on board the vessel, in storage or in a vehicle in transit between the place of storage and the vessel, your personal effects like apparel and sports equipment are covered up to $2,000. Electronic devices such as your mobile phones are excluded from this cover. 

Example: A small fire breaks out on your boat which causes damage to your diving equipment. This cover will pay for a replacement of the damaged equipment. 

Theft Cover

You are covered in the event of your vessel being stolen from the listed mooring. Theft cover will replace the vessel for you, based on the vessel’s estimated accepted value previously submitted by the insured person minus any deductibles and depreciation. 

Example: A thief breaks into a secured storage facility and steals your boat. Following your reporting the incident to the police, your marine policy will help replace the boat.

What our customers say

L James

I have been a client for just over a year and I have had nothing but friendly, efficient and professional services. Great prices also for vehicle insurance.

T Brown

Wonderful smiling friendly face at the reception, fast excellent service. Nice experience.

G Fernander

My husband and I have been customers for a number of years now and have always been pleased with the service. The team is very professional and responsive.

K A Gordon

Recently switched from another company with a higher cost and less benefits.

B Turner

Awesome rates, and great service!

M Butler

 Quotes were delivered on time, competitive and within budget. The customer service team is friendly and responsive. 

T Dolce

I’ve been using this company for some time now and they have never let me down.

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