What does the running down clause cover?

The running down clause is a provision in marine insurance policies that specifically covers incidents where the insured vessel runs down, or collides with, another vessel. This clause is essential because it provides protection against liabilities that arise from such collisions, including damage to the other vessel and any associated legal expenses.

In the context of marine operations, the risk of colliding with another vessel is significant, which is why the inclusion of this clause in an insurance policy is crucial for maritime entities. The clause helps ensure that if the insured vessel is involved in an accident with another ship, the insurance will cover the costs associated with that incident, promoting financial protection for the vessel owner.

Other options relate to different types of coverage not encompassed by the running down clause. Damage to the dock, accidents involving crew negligence, and losses due to engine failure fall under separate provisions or standard liability frameworks, but they do not pertain specifically to the coverage offered by the running down clause.