Named perils coverage under the Boat and Motor Form does not include which?

Named perils coverage under the Boat and Motor Form does not include which?

• A. Fire or lightning.
• B. Cyclone, tornado or windstorm only while on land.
• C. Collision of boat or motor with another boat or motor, while the insured property is in the water.
• D. Loss or damage caused by the intentional act or acts of you or any other person in care and control of the property with the permission of you.

Answer: (D)

In a Named Perils coverage for boats and motors, only the specific risks listed in the policy are covered. That means losses from the hazards the policy names—like fire or lightning, wind-related events such as cyclones or tornadoes, and damage from a collision with another boat or motor while the vessel is in the water—are included. What isn’t covered, even under named perils, is damage caused by intentional acts. If you or someone you’ve authorized and given control to intentionally damages or harms the property, that loss is excluded. Insurance generally does not pay for losses that result from deliberate actions, regardless of other covered perils. So this is the option that does not fit with named perils coverage.

In a Named Perils coverage for boats and motors, only the specific risks listed in the policy are covered. That means losses from the hazards the policy names—like fire or lightning, wind-related events such as cyclones or tornadoes, and damage from a collision with another boat or motor while the vessel is in the water—are included.

What isn’t covered, even under named perils, is damage caused by intentional acts. If you or someone you’ve authorized and given control to intentionally damages or harms the property, that loss is excluded. Insurance generally does not pay for losses that result from deliberate actions, regardless of other covered perils. So this is the option that does not fit with named perils coverage.