Coastal Marine Fund
The Coastal Marine Fund (CMF) is a self-insurance program for commercial fishing vessels. Formed in 1993, CMF is committed to the responsible operation of commercial fishing vessels – working for the elimination of careless and reckless operations.
CMF member-owners create and maintain funds for loss reimbursement and share the risk of loss and damage to their vessels. Members also assist fellow members’ vessels in distress.
CMF offers a wide range of coverage including:
- Hull and Machinery
- Protection and Indemnity
- Breach of Warranty
- Nets and Gear