Hull and Machinery Insurance

Complete Physical Damage Protection

Last updated: February 23, 2026

Hull and Machinery Insurance\n\nH&M insurance covers physical damage to your vessel including hull, deck, machinery, and equipment.\n\n### Coverage Components\n- Hull structure\n- Engines and transmissions\n- Navigation electronics\n- Safety equipment\n\n### Valuation Methods\n- Agreed Value\n- Actual Cash Value (ACV)\n\n### Common Covered Perils\n- Collision damage\n- Grounding\n- Fire and lightning\n- Theft and vandalism

Connect with experienced yacht insurance brokers who can help you understand your coverage options and find the right policy for your vessel.

Essential Liability Protection

Return to our main Yacht Insurance Guide for a complete overview of coverage types, policy structures, and what to ask your broker.