Insurance Certificate Limits
Limits are subject to review and risk assessment by management and/or the Port's insurance agent of record. Subject to periodic review by Insurance Agent, and subsequent changes by the Port's Management and/or the Board of Commissioners.
A certificate naming the Port of Newport as an additional insured is required.
A. Leases/Tenants General Liability, Each Occurrence - $2MM
1. Damage to Rented Premises (each occurrence) - $300K
2. Medical Expenses (any one person) - $5K
3. Personal and Adverse Injury - $2MM
4. General Aggregate - $2MM
5. Products – Comp/Op Aggregate - $2MM
B. Commercial Vessels, Liability Coverage Requirements.
1. Protection and Indemnity, must not exclude Wreck Removal - $250K
2. Pollution Liability - $300K
3. If Pollution and Indemnity Combined - $600K
C. Recreational Vessels, Liability Coverage Requirements
1. Protection & Indemnity, must not exclude Wreck Removal - $250K
2. Pollution Liability - $300K
3. –or‐ Water Craft Liability, must include both wreck removal and pollution liability coverage. Umbrella clauses must identify boats exceeding 25 ft. - $500K
D. Charter/Guide Vessels.
1. General Liability combined with Premise Extensions, Protection, and Indemnity - $1MM
2. Protection and Indemnity, must not exclude Wreck Removal - $250K
3. Pollution Liability - $300K
4. If Pollution and Indemnity Combined - $600K
E. International Terminal Vessels - Tariff No. 1
1. Maritime Employer’s Liability (Jones Act) - $1MM
2. Commercial and/or Comprehensive Marine General Liability - $5MM
F. Vendors. (reserved)