Your boat is more than a vessel it’s an investment, a passion, and a gateway to unforgettable experiences on the water. Hull Coverage Insurance protects your private or pleasure craft against physical damage, ensuring your boat is repaired or replaced if the unexpected happens. At Casey Insurance, we provide customized hull coverage solutions designed for recreational boat owners who want dependable protection and peace of mind wherever they cruise.
Hull coverage is the core component of private and pleasure marine insurance that protects the physical structure of your boat. This includes the hull, deck, machinery, and permanently installed equipment.
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 Insurance 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.
An Agreed Value policy guarantees a fixed payout for total loss, ensuring you receive the full insured value rather than a depreciated amount.
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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