To qualify for marine insurance coverage, property must be in transit or bear some relationship to transportation or communication. Which of the following is excluded from marine coverage?

To qualify for marine insurance coverage, property must be in transit or bear some relationship to transportation or communication. Which of the following is excluded from marine coverage?

• A. Homes and businesses
• B. Jewelry in transit
• C. Documents in transit
• D. Personal vehicles

Answer: (A)

Marine coverage targets property that is in motion or closely tied to the act of transporting or communicating. Because homes and businesses are fixed locations and not being shipped or related to shipping operations, they don’t fit that purpose, so they’re excluded from marine insurance. Items like jewelry in transit, documents in transit, and personal vehicles being moved are all examples of things in transit or connected to transport, so they would fall under marine coverage (subject to the policy terms).

Marine coverage targets property that is in motion or closely tied to the act of transporting or communicating. Because homes and businesses are fixed locations and not being shipped or related to shipping operations, they don’t fit that purpose, so they’re excluded from marine insurance. Items like jewelry in transit, documents in transit, and personal vehicles being moved are all examples of things in transit or connected to transport, so they would fall under marine coverage (subject to the policy terms).