46 CFR § 249.3 - Amounts of insurance.

---
identifier: "/us/cfr/t46/s249.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "46 CFR § 249.3 - Amounts of insurance."
title_number: 46
title_name: "Shipping"
section_number: "249.3"
section_name: "Amounts of insurance."
chapter_name: "MARITIME ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
subchapter_number: "C"
subchapter_name: "REGULATIONS AFFECTING SUBSIDIZED VESSELS AND OPERATORS"
part_number: "249"
part_name: "APPROVAL OF UNDERWRITERS FOR MARINE HULL INSURANCE"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 204(b), 1109, Merchant Marine Act, 1936, as amended (46 App. U.S.C. 1114(b), 1279b); 49 CFR 1.66."
regulatory_source: "53 FR 23119, June 20, 1988, unless otherwise noted."
cfr_part: "249"
---


# 249.3 Amounts of insurance.

MARAD will inform the owner of each vessel that is subsidized or covered by vessel obligation guarantees, prior to initial placement and at least annually thereafter, of the minimum amount of insurance required to be placed on the vessel.