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marine insurance
The Standard Boat and Motor Policy
The Coast Boat & Motor Policy is formatted for inboard / outboard and outboard powered runabouts. The Boat & Motor Policy is perfect for water-skiers, fishermen and family boaters.
Protection & Indemnity limits up to $2,000,000. are available. If the boat is used for water-skiing, a water-skiing Protection & Indemnity limit of $1,000,000. can be provided.
The "Unattached Equipment" section of the policy provides coverage for sports fishing gear and water sports equipment so no expensive fishing tackle or water-skis need go uncovered.
The Boat & Motor Policy should be the choice for your boat owner that needs broader marine coverage than his homeowner policy will provide, but at a price not far beyond.
| The Standard Yacht Policy Highlights |
| - Agreed value form |
| - Credit for experience, education and equipment |
| - No depreciation on sails and running gear |
| - Losses arising from wear and tear, gradual deterioration and corrosion |
| - Losses from freezing |
| - Losses arising from faulty design, faulty workmanship, the installation |
| or use of improper or defective material |
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