Marine Insurance

Maritime insurance provides compensation for damage, destruction or loss arising out of navigation on water and fire. Insurance prices will depend on the purpose and destination of the boat (commercial fishing vessel, tug, barge, barges, etc..) And area navigation (river or sea).

Because in most cases the boat owner and the owner are one and the same goods, marine insurance is divided into two categories, depending on the property insured vessel insurance (CASCO insurance type) and ensure that goods transported (cargo insurance type).

The risks are covered in general are: collision, fire, theft, failure, lightning, sinking, capsizing, piracy, seizing, throwing cargo overboard, abandon, etc.., Each of which is specified in the policy.