Litigation - following a regata collision. Amorita - Sumurun crash in 2007.

[skyflyer]

Mac

I'd be surprised if it wasn't! If you think about it any insurer would be mad not to make this a term and condition of giving insurance as otherwise - it exposes them to a potentially greater loss and the only solution would be to increase premiums. That same condition is on my car insurance and house insurance too.

I see no reason why the documentation would name the insurance company, but I'm not a lawyer and doubly I am not a US lawyer (although I could ask my cousin, who is!)

However it may well be the case that if you are a multi-millionaire with a multimillion dollar boat and the law does not require you to have insurance, you may decide to self insure.

 

[macd]

However it may well be the case that if you are a multi-millionaire with a multimillion dollar boat and the law does not require you to have insurance, you may decide to self insure.

Those giddy financial heights aren't a field of which I have much experience, skyflyer, but you may well be right.

 

[skyflyer]

Those giddy financial heights aren't a field of which I have much experience, skyflyer, but you may well be right.

nor me, I hasten to add!