WET MARINE
7.1. Hull and Machinery
on Boats/Ships/Tugs (Over 26-feet in length) (Mandatory)
This policy insures loss or damage to a vessel covered by the policy
including its machinery, fittings, and equipment. There is a $1,000 deductible
for this coverage.
7.2. Protection and Indemnity
on Boats/Ships/Tugs (Over 26-feet in Length) (Mandatory)
This coverage insures the State's liability for loss of life or bodily
injury; property on another ship; property other than on a ship, such as goods
on a wharf, dock, bridge, etc. There is no deductible for this coverage.
*Usually the property damage liability to others is covered under
Protection and Indemnity, but in some cases it could be covered under Hull and
Machinery.
*Note: Boats 26-feet or less and rowboats (non-motorized)
of any length are covered by the Buildings and Property policy under Section
5.1 for hull coverage and the General Liability Policy for any liability
claims.