Hull and Machinery Insurance Coverage
Protect your vessel and its critical systems with Arctic Pandi’s specialized Hull & Machinery Insurance coverage.
This type of insurance is designed to safeguard shipowners against physical loss or damage to their ships’ hulls and onboard machinery, ensuring operational continuity even in the face of unexpected maritime events.
What Is Hull & Machinery Insurance?
Hull and Machinery Insurance is a core component of marine risk management. It typically covers the insured vessel’s structure (the hull) and essential operating systems (the machinery) against a wide range of marine perils. These may include collisions, grounding, fire, piracy, mechanical failures, and damage caused by extreme weather conditions.
Unlike liability insurances, which protect against third-party claims, H&M Insurance directly protects the shipowner’s asset—the ship itself.
Comprehensive Coverage Offered by Arctic Pandi
At Arctic Pandi, we understand the technical and operational challenges faced by vessel owners and operators. That’s why our Hull & Machinery Insurance coverage is designed based on internationally accepted clauses, offering robust protection and flexible options, including:
Hull Coverage (Clause 280): Covers damage to the vessel’s hull from perils such as collision, heavy weather, stranding, and fire. This clause forms the foundation of standard H&M insurance.
War Coverage (Clause 281): Extends protection to include war-related risks such as mines, torpedoes, sabotage, civil commotion, terrorism, and piracy.
Additional War Coverage: Optional add-ons for vessels operating in war zones or high-risk areas, including customized underwriting and extended cover.
These protections are essential for minimizing downtime, preventing financial loss, and enabling faster recovery after an incident.
Explore More
Click below to read detailed insights into each part of our Hull & Machinery Insurance coverage:
Why Arctic Pandi?
Arctic Pandi brings global expertise and a deep understanding of the shipping industry’s unique insurance needs. Our coverage is designed to be:
Tailored: Customized for different vessel types, including tankers, container ships, dry bulk carriers, and offshore vessels.
Efficient: Fast claims handling, legal advisory support, and global response through our international network.
Compliant: Based on leading international clauses (Clause 280 and 281), ensuring compliance with port requirements, flag states, and international conventions.
Whether your vessel is navigating standard trade routes or operating in high-risk regions, Arctic Pandi delivers the protection you need—backed by experience, precision, and a commitment to maritime safety.