Welcome to our site

Our company was established in 1991 by former chemical tanker risk managers. Mark Vaccaro, the president of Coastal States, been to sea on tankers, worked ashore for a major chemical tanker ship-owning company, and he has been with Coastal States since 1993. Our aim has always been to utilize the background and skills of our staff to take a creative approach toward problem solving. We have never been satisfied with maintaining the "status quo". CSI is considered by many in our industry to be a leader in developing innovative insurance products designed to meet the needs of our clients..

Some of the types of insurance coverage we can arrange

Marine Cargo Insurance

Marine cargo insurance policies compensate shippers in the event that the insured goods suffer covered physical loss or damage while in transit. Coverage can also be extended to include inland transit and storage, if necessary...

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Insurance For Charterers

Charterers Liability Insurance is designed to cover your legal liabilities arising out of the chartering of a ship or space on a ship. Charterers Liability has 5 main areas Damage to Hull
Liability for loss/damage to the...

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High-value yachts (USD 1.000,000+ value)

Excellent (A rated) security, flexible policy conditions and competitive pricing. We can obtain coverage for local or worldwide trading, including, if necessary, piracy coverage....

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Hull and Machinery Insurance

Covers loss of or damage to a vessel’s hull, machinery and equipment during their operation. Includes coverage for losses due to total loss of the vessel or expenses due to repair of damages to vessel’s hull, machinery or equipment...

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Protection & Indemnity (P&I) Insurance

P&I is insurance in respect of third party liabilities and expenses arising from owning ships or operating ships as principals. Coverage is available either from one of the International Group of P&I Clubs or from a number of fixed-cost facilities.

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Cargo legal liability for vessel owners

Cargo legal liability for vessels owners is typically included as part of the owner’s P&I policy. However, in some instances it may be advantageous for the owner to consider covering part or all his cargo legal liabilities in a fixed market, rather...

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