Not sure it is a good idea!
As part of a so-far-successful blister job (almost eight years), I barrier coated the bilge in my h33, per Interlux. I had the same question, and coated the washer and the nut of each bolt, although not the bolt, itself. Since then, my bilge has been mostly dry, due to Drip-less packing (teflon). However, there has clearly been some rusting of the washers (but not the bolts) and I am considering "chipping" off the epoxy that coats them. It is worth noting that stainless steel needs oxygen to keep the stainless process occurring. I had hoped that coating the whole thing might be the answer (obviously the end of the keel bolts that are embedded in the lead keel are also oxygen starved, but I am not so sure. If I were doing it again, I would probably epoxy everything right up to the edge of the washers, and keep my bilge dry. I will be interested to hear the experience of others.