Carolyn is considering the purchase of a large (60-foot) boat. She cal

Carolyn is considering the purchase of a large (60-foot) boat. She called her insurance agent to see if she needs a separate policy for the boat.

The agent said that a special category of insurance policies was designed to insure large watercraft. These policies are called
A) yacht insurance policies.
B) flood insurance policies.
C) floater policies.
D) Dwelling Property 3 (special form) policies.

ANSWER

Answer: A