At Rock we offer comprehensive Marine Insurance designed to protect your valuable assets on the water. Whether you’re sailing, shipping, or managing a fleet, our policies provide the coverage you need to navigate the risks of the seas with confidence.
Know more about this Insurance
What is the Law of General Average?
If the ship owner decides to throw cargo overboard to save the ship from a storm or for any safety concern, the cost of the lost cargo is shared proportionally by the ship owner and everyone who has cargo on the ship. Your Cargo Insurance covers these costs.
Why should I buy Cargo Insurance if I’ve never had a loss in any of my previous shipments?
The more shipments you make, the higher the chance of losing something along the way, since it's just part of the process. Right now, it's estimated that about 30% of losses can’t be avoided. Having good cargo insurance helps manage this risk without costing too much. And if you're shipping by sea, you also need to be prepared to cover a general average loss.
What does Marine Insurance cover?
Cargo Insurance: protects your goods being transported against loss, damage, or theft during transit. Hull Insurance: covers any damage or loss to your boat or ship. It protects the hull, engine, equipment, and anything permanently attached to the vessel. It also helps cover costs if you're held responsible for damage to other people's property (third-party liability).