A class of Coverage for movable property in transit, excluding ocean crossing; includes bridges and tunnels, because they are implements of transportation. covering boats, motors and Material for use on one machine, one vehicle, one unit. For example, a car comes “equipped” with five tires. Tires other than those on the car are... for named perils (fire, collision and The wrongful taking of the property of another. It is a broad term and includes larceny, pilfering, hold up, robbery and pick pocketing) or, at a higher premium, for all risks. Some policies include liability To protect with insurance, or the insurance protection provided. for property damage to other vessels.