Hull and machinery insurance covers the vessel hull, machinery and equipments from any damage resulting from the following scenarios:

• Collisions
• Grounding
• Fire
• Explosions
• Piracy
• Earthquakes
• Moving cargoes
• Total loss
• Average
• Sue and Labour
• Salvage
• Loss of hire
• War risks

Total loss can be included in Hull and machinery insurance upon owner request, in most cases it is issued as an extension of the hull and machinery insurance policy

It can also include sue fees required to solve specific legal issued related to the damage happened

Hull and machinery insurance does not cover damage to other parties properties resulting from a collision or pollution, this is the role of protection and indemnity (P&I) insurance