EIS is now Sealogy!
For PartnersFor Brokers

Hull and Machinery Insurance

Hull and Machinery (H&M) insurance provides coverage for physical damage to the yacht itself, including its structure (the hull), the mechanical and electrical components (the machinery) and with our Coverage in many cases contents of the yacht referred to as Personal Effects such as laptops, smartphones, cameras, clothing, fishing equipment and even Ships Cash.

A Hull and Machinery Insurance protects against a wide range of risks such as collisions, grounding, fire, mast breakage, vandalism, theft, and other perils that can damage the yacht. It ensures that the yacht owner can repair or replace damaged parts, safeguarding their investment and maintaining the vessel's seaworthiness.

Our Sealogy TOP Cover is a very comprehensive All-Risk Cover that provides coverage for any loss or damage to the insured yacht unless specifically excluded. So essentially, if the policy and/or the Terms & Conditions don't explicitly list a risk as excluded, it's covered.

Our Sealogy BASIC Cover is a very cost effective Named Peril Cover that covers the risks or perils specifically listed in the policy and/or Terms & Conditions, like collision and grounding. If a peril isn't named, it's not covered.

Get your Quote

Comparison of our BASIC and TOP Cover

Sealogy TOP Cover
Sealogy BASIC Cover
Comprehensive All-Risk Cover – what is not excluded is insuredCost effective Named Perils Cover: Collision, Grounding, Stranding, Fire and Explosion, Theft, Vandalism, Force Majeure, Lightning and Mast Breakage
Insurance cover extends to the yacht, including machinery, equipment, inventory, dinghies, accessories, and personal effectsInsurance cover extends to the yacht, including machinery, equipment, inventory, dinghies, accessories, and personal effects
Including insurance cover for a named trailer in the event of Fire, Explosion, Theft, and total loss as a result of an Accident or Force MajeureIncluding insurance cover for a named trailer in the event of Fire, Explosion, Theft, and total loss as a result of an Accident or Force Majeure
In the event of a total loss: agreed sum insured minus residual valueIn the event of a total loss: current value
In the event of partial damage: "new for old" (without deductions)In the event of partial damage: repair costs with deductions for depreciation
Non-named personal effects, equipment and accessories up to 2% of the sum insured up to 500 Euro per itemNon-named personal effects, equipment and accessories up to 1% of the sum insured up to 100 Euro per item
Insurance cover on water and land, including landing and launchingInsurance cover on water and land, including landing and launching
Insurance cover for land transport and the trailered boat by ferryInsurance cover for land transport and the trailered boat by ferry
Expenses for salvage, salvage attempts, and, if necessary, disposal are covered up to 2.000.000 Euro (in addition to the sum insured)Expenses for salvage, salvage attempts, and, if necessary, disposal are covered up to sum insured (in addition to the sum insured)
Expenses of the policyholder to avert and mitigate a loss up to an amount of 50 % of the sum insuredExpenses of the policyholder are insured to avert and mitigate a loss up to an amount of 20 % of the sum insured
Consequential damage to yacht and boat due to rain, snow, heat, oxidation, rodents, wear and tear, construction faults, manufacturing or material defects-
Cost of a replacement skipper in case of unforeseen illness of the skipper (up to 1,100 EUR) to the port of departure or destination-
Transport costs to the shipyard and backTransport costs to the shipyard and back
Including Regatta Risk / Competition Risk for Sailboats at Club RegattasIncluding Regatta Risk / Competition Risk for Sailboats at Club Regattas
No deductible in the event of theft of the outboard motor when equipped with a GPS/GSM transponderNo deductible in the event of theft of the outboard motor when equipped with a GPS/GSM transponder
No deductible for damage caused by lightning and transport, collision, and fire damage caused solely by third parties-
No deductible in the event of a total loss of the yacht, theft of personal effects, equipment, and accessories that are not permanently installed-
No deductible in the event of grounding for inspection costs of the yacht-
Get your Quote

Highlights of our Hull and Machinery Cover

Agreed Fixed Value for Total LossIn the unfortunate event of a total loss, our Top Cover ensures you receive the full sum insured as agreed, without any deductions except for residual value.
New for Old for Partial LossesFor partial losses, our Top Coverage replaces damaged parts up to the full sum insured amount, without any deductions. We ensure your yacht is restored with the care it deserves.
Comprehensive Consequential Loss CoverageEven when the cause of damage isn't insured, such as construction- or manufacturing defects, our Top Coverage steps to cover consequential damages. We protect against the unforeseen, so you can sail with unwavering confidence.
No DeductibleFor total loss, theft, transport damage, collisions, and fire damage caused by third parties, as well as post-grounding inspections, no deductible will apply in our Top Cover.
Reduced Deductible for LoyaltyYour loyalty means the world to us. With 5 or more years of claim-free coverage under our Top Coverage, your deductible is halved, reflecting our appreciation for your trust.
Personal Effects Securely InsuredYour personal belongings, as well as those of your crew, are securely insured if named to us. Whether it’s a cherished watch or a treasured artwork, we ensure that what matters most to you is well-protected.
Skipper Liability Insurance includedAs a skipper, our Top Coverage extends to include skipper liability insurance, safeguarding you even during charter turns, including protection against gross negligence.
Salvage and Wreck RemovalBeyond the sums insured, we cover salvage and wreck removal costs up to 2,000,000 Euro under our Top Coverage and 100,000 Euro under Basic Coverage. When authorities demand salvage or wreck removal, we’ve got you covered. We’ll shoulder the costs up to the full sum insured.
Free Dinghy CoverageYour dinghy is automatically covered under our liability insurance, up to 60HP in our Top Coverage and 5HP in Basic Coverage.
Protection During Land TransportYour yacht is protected during transports whether on land or sea, including trailered yacht transport on a ferry.
Your Yacht Manager is Co-InsuredAt your request, we extend coverage to your yacht management company and other firms involved in maintenance or refit works.
Ships Cash Secure Onboard and AshoreYour cash is insured both onboard and during land transport to and from the boat, up to the agreed amount in your policy.
New-Machinery Cover for 36 MonthsFor new yachts, our Top Coverage includes upon request a complimentary 3-year all-risk cover extension on propulsion systems, ensuring long-term protection and peace of mind.
Extended Machinery CoverWhen needed, we provide extended machinery coverage that protects against misuse and operational damages.
Named Windstorm CoverIn the Caribbean, we offer the option to insure against damages from named windstorms.
Charter Loss CoverShould your yacht become unavailable for charter due to damage, we cover the loss of charter fees, ensuring your financial forecast remains intact.
Charter Risk CoverYour yacht remains fully insured during charter operations, whether bareboat or crewed. We even cover the risk of misappropriation.
Comprehensive Regatta CoverDuring sailing regattas as well as training turns, our Top Coverage has you fully protected. We also offer coverage for international offshore regattas. Wherever you race, we sail by your side.
War, Strike & Confiscation CoverAt your request, we cover damages from confiscation, war and strikes, ensuring your yacht is safeguarded against all odds.
Worldwide Cruising CoverageWith us, you can navigate the world with confidence. Our global coverage, available upon request, accompanies you wherever the wind may carry you.
Speed CoverUpon request, we cover damages that occur at high speeds of operating your vessel up to 43 knots.