Marine hull and machinery
Comprehensive coverage, from the hull to the equipment, to handle the unexpected
Shipowners benefit from comprehensive coverage that protects the ship’s hull, machinery, and electrical equipment against accidents, groundings, and explosions.
Our underwriting experts understand the risks and challenges associated with the operations of maritime businesses, such as fishermen, tour operators, ferry operators, and fleet operators. Commercial hull and machinery insurance includes vessel’s hull, engine, electronics, rigging and attached gear.
In-house capacity
Up to $1,500,000 across Canada
Protection and indemnity
- Third party liability covering property, bodily injury, and pollution & wreck removal
- Tower’s legal and cargo legal liability options available
Hull and machinery
- Comprehensive wordings with numerous optional extensions
- Transportation on land conveyance
- Broad geographical trading warranties available
Our flexible platform enables you to combine multiple additional coverages.
Targeted risks
Coverage for physical loss or damage to vessels of all sizes including:
Small service vessels, like those involved in trades or carrying cargoes, patrol boats
Charter vessels, such as those involved in environmental tourism, charter fishing, sight-seeing, water taxis
Fishing vessels, especially those involved in the lobster, crab and others including lobster cars
Tugs and barges transporting owned goods, as well as goods of others
Ferries, car and passenger carrying vessels
Builder’s risk broad form
Waterboats
Required documents for obtaining a quote
Get a quote
For new business or renewals, the quotation will contain the payment plan and schedule.
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