Business Details
39 Years
experience
Emergency
services
Trusted Marine Insurance Solutions Since 1987
Novamar Insurance Group has been a trusted leader in marine insurance since 1987, serving clients across the United States, Mexico, and international waters. With six U.S. offices and a dedicated location in Puerto Vallarta, our team of seasoned professionals brings decades of boating expertise to craft tailored insurance solutions. We specialize in yacht insurance, commercial marine coverage, and Mexico-specific liability programs, leveraging proprietary risk assessment tools to ensure precise protection.Our commitment to open communication and partnerships with A-rated insurers guarantees clients receive comprehensive policies without surprises. From personal assets to commercial fleets, Novamar's deep industry knowledge and localized support make us the preferred choice for maritime insurance needs.
Services
Yacht Insurance
Commercial Marine
Mexican Auto Insurance
Boat Liability
Personal Asset Portfolio
Details
- Year established: 1987
Highlights and features
- 40+ years of specialized marine insurance experience
- Proprietary Experfit rating algorithm ensures optimal coverage matches
- Licensed operations in both the U.S. and Mexico
- Tailored policies for unique maritime exposures
- Partnerships with A-rated insurance carriers
What people say
Exceptional service
Competitive pricing
Knowledgeable staff
Prompt claims handling
Tailored solutions
Services
Yacht Insurance
Novamar's yacht insurance provides tailored protection for vessels of all sizes. Our policies consider navigation limits, liability requirements, and boat values to ensure comprehensive coverage. With proprietary risk assessment tools and partnerships with top insurers, we deliver policies that protect against hull damage, liability claims, and jurisdiction-specific requirements for both local and international cruising.
Commercial Marine
Our commercial marine insurance packages protect maritime businesses across multiple sectors. From boatyards to charter operations, we combine liability coverage, property protection, and pollution liability into single policies. Specialized programs address unique exposures for marine artisans, yacht dealers, marina operators, and boatbuilders while ensuring compliance with industry regulations and offering optional equipment coverage.
Mexican Auto Insurance
Required liability insurance for foreign-registered vehicles in Mexico. Policies include collision coverage options, medical protection, and roadside assistance. Available in full territory (all Mexico) or limited regional coverage with bilingual support. Meets Mexican legal requirements while providing enhanced protection beyond basic statutory mandates through A-rated underwriters.
Boat Liability Insurance
Mandatory liability coverage for boats operating in Mexican waters. Protects against third-party bodily injury, property damage, and legal expenses. Policies start at $195 annually with options for different coverage limits. Underwritten by Chubb Seguros Mexico with bilingual claims support and compliance assistance for international boaters.
Personal Asset Portfolio
Integrated insurance solutions for multiple assets including yachts, homes, aircraft, and vehicles. Bundled policies offer premium discounts while maintaining specialized coverage for each asset type. Umbrella insurance options provide additional liability protection across all insured properties through a single coordinated policy framework.
People
Craig Chamberlain
Founder
With over 40 years in marine insurance, Craig established Novamar in 1982. He developed proprietary programs in the U.S. and Mexico, combining yachting tradition with innovative risk solutions to serve recreational and commercial maritime clients.
Questions
What does yacht insurance typically cover?
Our policies cover hull damage, liability claims, and jurisdiction-specific requirements. Coverage includes protection against collisions, sinking, and third-party liabilities while cruising in domestic or international waters.
Why do I need Mexican auto insurance?
Mexican law requires liability coverage from a domestic insurer. Our policies meet legal requirements while providing enhanced protection beyond basic statutory mandates through A-rated underwriters.
How do I get a quote?
Request online through our website or contact us directly at (800) 823-2798. Our specialists will assess your maritime exposures and provide tailored coverage options within minutes.
What's included in commercial marine packages?
Combined coverage for liability, property damage, pollution liability, and business interruptions. Packages address specific needs for boatyards, marinas, yacht dealers, and commercial vessel operators with customizable policy components.
Do you offer 24/7 claims support?
Emergency assistance is available through local contacts in Mexico and our U.S. offices. Claims specialists respond promptly to incidents occurring during business hours with after-hours emergency protocols in place.
Can I modify my policy after purchase?
Contact us via email to request changes. Non-risk-altering modifications like address updates are processed quickly. Coverage changes require underwriter approval and may affect premium amounts.
