Marine hull insurance is a type of insurance that provides coverage for the physical structure of a ship or boat, as well as its machinery and equipment. It is designed to protect the vessel and its contents from damage or loss due to perils such as storms, collisions, and fires.
Marine hull insurance is an important part of the marine industry, as it helps to protect the financial interests of ship and boat owners. Without insurance, the cost of repairing or replacing a damaged or lost vessel could be financially devastating. Marine hull insurance provides peace of mind, knowing that the vessel is protected in the event of an accident.