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The boatowners coverage comparison chart evaluates the following two boatowners policies: the AAIS Boatowners Special Form BT 0100 05 08; the American Modern First Choice Watercraft Policy, WF000 (06/08) and two yacht policies: Northern Insurance Master Mariner Yacht Policy, 62-0150 3/09 and ACE American Yachtmans Policy, MA-14558a (04/05). An X in the respective columns indicates that the policy contains that provision or exclusion; some entries contain further explanation.

AAIS

American Modern

Northern Insurance

ACE American

PROPERTY

Property covered

Communication equipment

X

Described boat

X

X

X

X

Described motor

X

X

X

Described tender

X

X

Described trailer

X

X

X

X

Detachable equipment

X

Dinghies and their outboard motors used to service covered property

X

Navigation equipment

X

Newly acquired property

X

X

Non-owned boats

(any limitation)

X

Operating equipment

X

X

Personal effects

X

X

X

X

Photo or electronic equipment

X (with exceptions)

Portable accessories used in the navigation, operation, or maintenance of a boat

X

Radios (CBs, ship-to-shore, radar systems, sonar, or other transmitting and recovering systems) while in or on covered property unless permanently attached

X

Safety equipment

X

Substitute boats

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