Marine Hull Insurance
A hull is the main body of a ship or other vessel, including the bottom, sides, and deck but excluding the masts, superstructure, rigging, engines, and other fittings. Marine Hull Insurance, therefore, covers the hull and machinery of ocean-going vessels and smaller vessels also known as sundry hull vessels.
Marine hull and liability insurance covers damage or loss to the vessel, including its machinery and equipment, as well as legal liability to any third party due to negligence related to the vessel's operations or the actions of masters or crew.
Marine hull insurance covers accidental loss or damage to boats used for commercial purposes; it includes salvage costs, and third-party liability cover.