Coverage Quiz For Yacht/Boat Policies
8 Questions
| Total Attempts: 85
This quiz will test your knowledge and ability to interpret policy language.
Questions and Answers
- 1.(Boat Policy) Our insured collides with a rock in shallow water of Franks Marina. This punctures the onboard motor thus causing an oil and gas leak. Franks Marina now has to pay for the cleanup. Is there coverage for this loss? Explain.
- 2.(Yacht Policy) You take your Power Yacht to the Annual Transpacific Yacht Race in Los Angeles, in the midst of the race the vessel impacts a piece of debris in the water thus damaging the boat. Is there coverage for the property damage to the boat?
- 3.(Boat Policy) As shown in the definitions, Your boat includes all except:
- A.
Sails
- B.
Spars
- C.
Fishing Equipment
- 4.(Boat Policy) We will pay for damage to your boat resulting from all the following EXCEPT
- A.
Damage to your boat caused by a collision with another boat
- B.
Theft of your Boat
- C.
Insect infestation caused damage to your boat
- D.
Wind caused damage to your boat
- 5.(Yacht Policy) The theft of Jewelry, watches, cameras and furs is limited to $______ per item in excess of the deductible.
- A.
$50.00
- B.
$100.00
- C.
$200.00
- D.
None of the above
- 6.(Boat Policy) Under Medical Payments coverage, we will pay reasonable expenses for Funeral Costs.
- A.
True
- B.
False
- 7."PORT" is referencing wich part of the boat?
- A.
Right Side
- B.
Front
- C.
Left Side
- D.
Back
- 8."Starboard" references which part of the boat?
- A.
Right
- B.
Front
- C.
Left
- D.
Back
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Please take this quiz after you have reviewed ALL of the online materials.
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Taylor
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