Marine Hull Insurance
Hull insurance protects ships, boats, and onboard machinery from physical damage. Shipowners, boat owners, and marine businesses typically purchase this insurance to safeguard against various ownership and operation risks.
Hull insurance can cover a variety of risks, including damage from collisions, grounding, storms, and other perils. Policies cover equipment loss, machinery damage, and accident-related salvage and towage costs for comprehensive protection in unforeseen events.