MarineInsurance Terms

Do you understand the nuances of your marine insurance? Become an informed consumer with this glossary of common terms. Here, we reveal items often listed on a quote, insurance binder or declarations page of an insurance policy. Still have questions? Call the marine insurance advisors at Wallace Welch & Willingham. We make the answers as clear as that water you’re planning to navigate.

When deciding among marine coverage options, take note of these terms and questions to ask regarding them: