The policy insures vessels for losses or damages resulting from: - Perils of the sea such as heavy weather stranding or collision
- Fire
- Lightning
- Explosions
- Loading or discharging cargo
- Going on or off dry docks and marine railroads
- Negligence on the part of the captain and/or crew
- It also provides the insured vessel with liability protection against damage to other vessels in the event of a collision
|
A wide range of vessel and marine operations need Hull & Machinery Insurance, including: Tugs
Towboats
Barges
Fishing vessels
Offshore energy support vessels
Excursion boats
Marine contractors
|
Coverage can be tailored to your needs.
The policy can be designed to include: - Protection against strikes, riots, civil commotions and war
- Policy forms include the American Institute Hull Clauses, Taylor Hull Form and the American Institute Tug and Barge form
| 
