When it comes to safeguarding your marine assets , hull insurance plays a pivotal role. Designed specifically for the physical structure of vessels and their machinery, hull insurance provides essential coverage for shipowners and operators against financial losses resulting from damage to their vessels.

At Riseson Insurance , we understand the importance of protecting your investments, whether you're operating locally in Tempe , Phoenix , Scottsdale , Tucson , Gilbert , or Chandler , or navigating the open seas.

Hull insurance is a specialized policy designed to cover damages to a ship or vessel, including its hull (the main body) and attached machinery. This coverage applies to various types of vessels, including commercial ships, fishing boats, pleasure craft, and cargo carriers.

Covers repair or replacement costs for the vessel and its machinery. Includes protection for accidents, collisions , natural disasters , and more. May also extend to liabilities arising from collisions with other vessels.

Covers the insured vessel for a specific period, such as one year, regardless of the number of trips.

Provides coverage for a particular voyage, ensuring protection from the point of departure to the destination.

Designed for companies or owners with multiple vessels, offering coverage for an entire fleet under one policy.

Valued Policy: The insured value of the vessel is agreed upon at the start of the policy. Unvalued Policy: The value of the vessel is determined at the time of loss.

Hull insurance typically provides coverage for:

Physical Damage: Repairs or replacement for damage to the vessel's hull and machinery due to accidents or incidents. Natural Disasters: Damage caused by storms, floods, or other natural events. Collision Liability: Covers costs associated with damage to another vessel or property during a collision. Fire or Explosions: Protects against fire-related damage to the vessel. Piracy and Theft : Compensation for losses resulting from theft or piracy.

While comprehensive, hull insurance may not cover:

Wear and Tear: Gradual deterioration due to regular use. Negligence: Damage caused by intentional or careless actions. War Risks: These are often excluded but can be covered with an additional war risk policy.

Operating a vessel comes with inherent risks. Hull insurance ensures that shipowners and operators can mitigate financial losses, maintain their operations, and navigate challenges confidently.

Financial Protection : Safeguards against unexpected repair or replacement costs. Operational Continuity: Minimizes downtime by covering repair expenses promptly. Liability Mitigation: Protects against third-party claims resulting from collisions. Peace of Mind : Enables vessel operators to focus on their business without worrying about potential risks.

While Arizona isn’t a coastal state, businesses in Tempe, Phoenix, and Scottsdale often operate vessels on inland waterways or maintain ownership of vessels used in other regions. From small pleasure boats in Tucson to cargo or workboats for industry operations in Chandler and Gilbert, hull insurance ensures protection wherever your vessels operate.

At Riseson Insurance , we offer tailored hull insurance solutions to meet the unique needs of vessel owners and operators.

Customized Policies: Flexible coverage options to fit your vessel and operation type. Local Expertise : Serving clients in Tempe, Phoenix, Scottsdale, Tucson, Gilbert, and Chandler with a personal touch. Comprehensive Support: Guidance on choosing the right policy and handling claims efficiently.

Don’t leave your valuable assets unprotected. Let Riseson Insurance provide you with the coverage you need to navigate confidently.

Reach out to Riseson Insurance in Tempe today to discuss your hull insurance options and get a personalized quote. Call us at 602-460-5470 to learn more.

Safeguard your vessels with a trusted insurance partner!

What Is Hull Insurance?

Key Features:

Types of Hull Insurance

1. Time Policy

2. Voyage Policy

3. Fleet Policy

4. Valued and Unvalued Policies

What Does Hull Insurance Cover?

Exclusions in Hull Insurance

Why Is Hull Insurance Important?

Benefits of Hull Insurance:

Hull Insurance for Arizona Businesses

Why Choose Riseson Insurance?

Our Advantages:

Secure Your Vessel with Hull Insurance

• Covers repair or replacement costs for the vessel and its machinery.
• Includes protection for accidents, collisions , natural disasters , and more.
• May also extend to liabilities arising from collisions with other vessels.

• Valued Policy: The insured value of the vessel is agreed upon at the start of the policy.
• Unvalued Policy: The value of the vessel is determined at the time of loss.

• Physical Damage: Repairs or replacement for damage to the vessel's hull and machinery due to accidents or incidents.
• Natural Disasters: Damage caused by storms, floods, or other natural events.
• Collision Liability: Covers costs associated with damage to another vessel or property during a collision.
• Fire or Explosions: Protects against fire-related damage to the vessel.
• Piracy and Theft : Compensation for losses resulting from theft or piracy.

• Wear and Tear: Gradual deterioration due to regular use.
• Negligence: Damage caused by intentional or careless actions.
• War Risks: These are often excluded but can be covered with an additional war risk policy.

1. Financial Protection : Safeguards against unexpected repair or replacement costs.
2. Operational Continuity: Minimizes downtime by covering repair expenses promptly.
3. Liability Mitigation: Protects against third-party claims resulting from collisions.
4. Peace of Mind : Enables vessel operators to focus on their business without worrying about potential risks.

• Customized Policies: Flexible coverage options to fit your vessel and operation type.
• Local Expertise : Serving clients in Tempe, Phoenix, Scottsdale, Tucson, Gilbert, and Chandler with a personal touch.
• Comprehensive Support: Guidance on choosing the right policy and handling claims efficiently.