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"Do you know the current hull insurance rates, hurricane surcharge apart?"
"And I'm also relieved that we're not carrying the aircraft's hull insurance.
We are not involved in their hull insurance."
Most hull insurance includes a deductible to discourage small or nuisance claims.
Marine Associates are our insurers, and we've only got liability, not hull insurance."
"I'm talking of the hull insurance only.
And Lloyds wants sixty-five thousand for hull insurance.
Marine insurance contracts may be divided into hull insurance or cargo insurance.
He was the accidental witness of a riff-raff between the company's marine hull insurance manager and the chief of the syndicate.
War risks: General hull insurance does not cover the risks of a vessel sailing into a war zone.
Ground risk hull insurance in motion (taxiing)
The charterer pays for all operating expenses, including fuel, crew, port expenses and P&I and hull insurance.
The report predicted that higher fuel prices and sharp rises in aircraft hull insurance in the Middle East would also have a severe impact on airline profitability.
This coverage is similar to ground risk hull insurance not in motion, but provides coverage while the aircraft is taxiing, but not while taking off or landing.
"Fuel prices have been even more volatile than before, and there have been sharp increases in hull insurance costs for operations in the Middle East," he told airline executives.
That usually meant hull insurance, which paid collision liabilities and, in some cases, liabilities for damage to fixed and floating objects ("FFO"), or war risks insurance.
He taught admiralty law at Brooklyn Law School from 1954 to 1960 and served as counsel to the American Hull Insurance Syndicate and the Water Quality Insurance Syndicate, associations of insurance companies.