and some more words. This basically says Kayaks are 'Covered Watercraft' and adds them into the definition of 'Excluded Property' unless they are accommodation (they are not) or just parked at your property (they are not if people are using them!
“Covered Watercraft” means watercraft owned by you, including boats, yachts, kayaks and jet skis, and excludes any large commercial watercraft such as container ships, cruise liners and similar.
“Excluded Losses” has the meaning set forth in Section III below.
“Excluded Property” means any of the following:
1. Currency, money, precious metal in bullion form, notes or securities.
2. Land, water or any other substance in or on land; except this exclusion does not apply to (i) land improvements consisting of landscape gardening, roadways and pavements, but not including any fill or land beneath such property, or (ii) water that is contained within any enclosed tank, piping system or any other processing equipment.
3. Animals, including, but not limited to, livestock and pets.
4. Standing timber; growing crops.
5. Watercraft (including, but not limited to, Covered Watercraft), aircraft, spacecraft, and satellites, unless such vessel is a
(a) Covered Accommodation or
(b) Covered Watercraft, that, at the time of the loss, is either
(i) parked or not being moved away from its usual secured dock or
(ii) damaged or destroyed due to a violation of law or criminal act or theft or misdemeanor committed by a Responsible Guest or Invitee.