Salvage in broad terms, defines marine salvage as a voluntary service (meaning that there's no pre-existing agreement) rendered to a vessel requiring assistance because of a present or reasonably apprehended danger or peril. When a salvage service is provided, the salvor is entitled to a salvage award.
As a customer, we want you to know that a marine salvage takes place when we rescue your boat whether it is aground, on a reef, beached, stranded at sea, flooding, sinking or in any other number of situations. While your marine insurance policy may provide coverage for a salvage claim, your BoatU.S. Towing Services plan does not provide coverage for salvage or wreck removal.