A Both-To-Blame collision clause is a provision in an ocean marine insurance policy that states that if a ship (vessel) collides with another ship due to both parties' negligence, the owners and shippers of both vessels must share in the losses in proportion to the monetary values of their cargo and interests prior to the collision. Both the cargo owners and the shipping business are obligated to compensate for damages.A both-to-blame collision is a provision in an ocean marine insurance policy that states that if a ship collides with another ship due to both parties' negligence, the owners and shippers of both vessels must share in the losses in proportion to the monetary values of their cargo and interests prior to the collision.
Both the cargo owners and the shipping business are obligated to compensate for damages. This clause is important because it ensures that both parties are held accountable for their actions.This clause is often used in maritime law to determine liability in a collision or other accident.
