Hull Coverage protects your vessel itself — the hull, machinery, engines, and permanently attached equipment — against physical damage caused by covered marine perils such as collision, grounding, fire, theft, vandalism, or severe weather.
If your boat or yacht is damaged while docked, stored, or underway, this coverage helps pay for repairs or replacement costs up to the insured value. It’s the core of every marine insurance policy, designed to safeguard your vessel from the financial impact of accidental loss or damage.
Most Hull policies can be written on either an Agreed Value or Actual Cash Value basis. Agreed Value provides full reimbursement based on the vessel’s insured amount with no depreciation, while Actual Cash Value factors in wear and age. Choosing the right valuation ensures your investment is properly protected no matter the circumstance.
Our team understands marine risks — from mechanical failure to storm damage — and designs Hull policies that reflect real-world conditions on the water.
We offer both Agreed and Actual Cash Value coverage so you can select the option that best fits your vessel’s age, value, and usage.
Whether you operate locally or cruise internationally, we tailor your coverage to match your navigational range and seasonal mooring preferences.
In the event of a loss, our marine claims specialists act quickly — coordinating repairs, surveys, and settlements to get you back on the water with minimal downtime.
It covers physical damage to your vessel, including the hull, engines, and onboard equipment, caused by collision, fire, theft, or grounding.
This coverage applies to private and pleasure vessels, including motor yachts, sailing yachts, sport boats, and tenders.
An Agreed Value policy guarantees a fixed payout for total loss, ensuring you receive the full insured value rather than a depreciated amount.
Yes. It covers partial repairs and component losses, such as damage to engines, rigging, propellers, or navigation systems.
Yes. Most policies include salvage recovery, towing, and wreck removal expenses, providing full assistance during marine emergencies.
Yes. Hull Coverage applies both afloat and ashore, protecting your yacht during storage, transport, or maintenance periods.
It protects your investment and financial stability from unexpected maritime damage, ensuring your vessel can be repaired or replaced quickly and safely.
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