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
  • Pollution
  • Skiff
  • Nets and Gear