What it does
CG 24 12 11 85 is Boats. It provides coverage for owned or used watercraft described in the schedule, which the CGL's watercraft exclusion otherwise removes (except non-owned boats under 26 feet not carrying persons or property for a charge).
Who needs it
Marinas, resorts, camps, fishing lodges and businesses using work boats.
Quoting and selling notes
- Larger or commercial vessels usually need marine liability (protection and indemnity).
- Ask for boat length, horsepower, use (passengers, rentals, work) and operator qualifications.
- Charter, rental or passenger-carrying operations usually need marine coverage rather than this endorsement.
