Good Topic.
To understand the need for marine shielded components you have to understand what is occuring in the engine compartment.
Gas fumes sink and collect in the bottom of the boat. Any spark and you have an explosion. It's a well known fact that the fumes from 1 cup of spilled gasoline equal the explosive force of 10 sticks of TNT.
Marine shielded alternators, generators, distributers, and starters have wire mesh around any openings. This allows proper ventilation/cooling of the component, while containing the spark inside the unit. When the fuel/air ratio reaches an explosive state, an explosion still occurs, but is contained harmlessly within the component. Without shielding the small explosion leaves the component and ignites the fumes in the rest of the engine compartment making the whole boat go BOOM!
Fuel pumps are a little different. Automotive fuel pumps have a weep hole, which lets the owner know when there is a diaphram failure. In a car, this is little more than an annoyance resulting in wasted gas and a stain on the driveway.
But in a boat, the fuel collects in the bilges and turns the boat into a potential bomb. FOr this reason, marine fuel pumps have a nipple where the hole would be, and a hose from the nipple to the carb intake. With this set-up, any leaked fuel is sucked back through the carb.
Backfire flame arrestors are the thngs that must be installed on the intake of all inboard gas powered boats. These are to prevent any backfire flames from igniting any gas fumes, material or people on the boat.
Carburators are not included in the list of required marine components, but hoses, wiring and fittings are.
Bilge blowers are kind of mis-labled. They don't "blow" fresh air into the bilge, but rather suck the fumes out. They should be marine type, installed in the bilge exhaust ducting, with the end of the duct (hose) in the lowest part of the bilge, but not so low to be submerged in any fluids that may be there.
I've investigated dozens of boat fires, and in nearly every case, one or more of the components were not marine shielded. If a marine mechanic installed or re-installed any of those components, then they would be liable for the explosion and resulting fire. If the owner installed the non-marine devices, their insurance would most likely deny coverage.
They may be a few dollars more. But what's a few hundred bucks on a $30,000+ boat.