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Understanding Marine Hull Insurance: A Guide for New Shipowners

Essential guide to protecting your vessel investment.

Compass Marine Insurance Compass Marine Insurance
1 min read
Understanding Marine Hull Insurance: A Guide for New Shipowners

For new shipowners, understanding marine hull insurance can be complex. This guide covers the essentials.

Key Coverages:

  • Hull & Machinery: Physical damage to the vessel
  • Increased Value: Additional protection above hull value
  • Loss of Hire: Income protection during repairs
  • War Risks: Coverage for hostile acts

Contact our specialists for a comprehensive coverage review.

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