Page 100 - Policy Wording - Hollard Prestige Portfolio

98 Hollard Prestige Portfolio – Version 1.5 – 19 June 2024
Section 7 – Watercraft
– while the watercraft is left moored or anchored unattended off an exposed beach or shore and has become
stranded, sunk, swamped or breaks adrift
– outboard motors that are not securely chained or bolted to the watercraft, dropping off or falling overboard
– theft of motors unless the moored watercraft is stolen at the same time, or there is evidence of violent and
forced entry to the watercraft or place of storage
– motors accidentally immersed in water, unless you have taken reasonable steps to flush and repair them
immediately
– mechanical, electric or electronic breakdown, failures or breakages including any consequential loss of or
damage to any other mechanical, electrical or electronic component
– cleaning, repairing, restoring or maintenance by any manner or method
– a latent defect in the watercraft's design or construction.
○ Loss or damage while the watercraft is being used for any purpose other than social, pleasure and domestic use.
Use for the following is specifically excluded:
– business, trade or professional purposes
– any hiring out or chartering of the watercraft
– towing or salvage services under contract
– the watercraft being chartered or hired out
– a houseboat as permanent residence
– racing, speed tests or trials or other contests and competitions including regattas
– single-handed navigation in open waters
– towing or salvaging other watercraft, other than one in distress
– being towed other than when in distress, or when laying up or being fitted out for repairs
– carrying passengers for reward
– used anywhere outside 'Where we cover your watercraft'.
○ We will not be liable while the watercraft is being transported by a person who has no valid driver’s licence or
while the watercraft is under the control of any person who is under the influence of intoxicating liquor or drugs.
○ Theft or attempted theft of:
– fixtures, fittings, equipment and outboard motors of the watercraft unless accompanied by actual evidence
of force
– jet-skis or wet-bikes in the open on a trailer, if left unattended.
○ We do not cover any loss or damage arising from the watercraft being left unattended afloat on moorings, unless
you have our prior agreement.