Welcome to our Boat Insurance glossary, select a letter to navigate to our list of available definitions;
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Boat Insurance Definitions beginning with - 'P'
Personal effects
- Personal possessions belonging to you or members of your family permanently residing with you, which do not form part of the vessel & which are temporarily taken on board the vessel for personal use.
Piling
- A piling is a heavy support pillar that is driven deep into the waterbed but protruding out through the water in order to support a mooring.
Policy
- The boat insurance policy is the legally binding contract between a boat owner/ marine insurance customer and Mercia Marine.
Premium
- The core cost of the boat insurance policy to be born by the client. Additional costs that may be incurred besides the core premium are: tax, administration charges and extras (e.g. marine breakdown cover, legal expenses and boat insurance contents cover).
Proof of Boat Insurance
- Proof of boat insurance is a simple policy document providing evidence from a boat insurer to confirm a policy is active.
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