Hull & Machinery Insurance
Physical Damage Protection for Vessels and Machinery
Hull & Machinery insurance protects the physical integrity of the vessel, covering damage to the hull, propulsion systems, and onboard machinery caused by marine perils.
Coverage is structured in accordance with Institute Time Clauses (Hulls) and tailored to the vessel’s technical profile and trading activity.
Protection for the Vessel’s Physical Assets
Our Hull & Machinery insurance provides coverage for physical loss or damage to the vessel, including:
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Hull structure and superstructure
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Main engines and auxiliary machinery
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Damage caused by perils of the seas (heavy weather, grounding, collision, or contact)
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Fire and explosion
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Piracy and malicious acts
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General Average, Salvage contributions, and Sue & Labour charges
Coverage is arranged under Institute Time Clauses (Hulls) and adapted to the vessel’s classification, age, and operational profile.
Technical Information for Accurate Placement
To prepare an H&M quotation, we require detailed technical specifications, class status, and a certified 5-year claims history (loss record).
This allows us to approach suitable markets and structure coverage aligned with classification requirements and insurer expectations.