Marine Insurance: Vessels and Watercraft

Select appropriate coverage for vessels or watercraft from the programs below.

Marine liability and loss coverage is available by request through the university's self-insurance program. Read about the different types of coverage below:

• Mandatory
  • Vessels under 30 feet
  • Vessels 30 feet and over
  • Charterer's legal liability
• Optional
  • Yacht hull physical damage
  • Marine ridership

Vessels under 30 feet

Small watercraft liability insurance for vessels under 30 feet.

Program details:

• Mandatory coverage
• Contact Risk Management, (858) 246-0369, for current rates on yearly premium charge.
• No deductible
• Initiate coverage or make changes with the Marine Insurance Change Request form

Vessels 30 feet and over

Protection and indemnity (P&I) liability insurance for vessels 30 feet and over.

Program details:

• Mandatory coverage
• Contact Risk Management, (858) 246-0369, for current rates on yearly premium charge.
• Deductibles: $1,000 per occurrence
• Any changes to the deductible and premium must be approved by the marine insurance company. Contact Risk Management, (858) 534-2454, to obtain approval.
• Initiate coverage or make changes with the Marine Insurance Change Request form

Charterer's legal liability

Program details:

• Mandatory coverage for vessels chartered by the university when additional liability protection is needed
• Coverage for non-employees (i.e., guests, visitors) on vessels chartered by the university
• Contact Risk Management, (858) 246-0369, for more information.

Yacht (hull) physical damage insurance

Program details:

• Optional coverage
• Review the values of the yachts and trailers being covered and determine if you want or need this optional insurance.
  • Example 1: If the value of a yacht or trailer is less than the deductible, DO NOT purchase this insurance.
  • Example 2: If more than one yacht or trailer could be subject to the same occurrence, DO purchase this insurance.
• Contact Risk Management, (858) 246-0369, for current rates on yearly premium charge.
• Deductibles:
  • Yachts – $250 per occurrence
  • Trailers – $100 per occurrence
  • Oars – $250 per occurrence
    Motors and oars must be listed separately.
• Initiate coverage or make changes with the Marine Insurance Change Request form

Marine ridership

Program details:

• Optional coverage for accidental medical and accidental death and dismemberment for non-employee passengers on university vessels
• Contact Risk Management, (858) 246-0369, for more information.

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