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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. Pollution Liability - $300K

3. 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)