SailNet Community - View Single Post - Boat Aground In Annapolis, MD- Can someone help this man
View Single Post
  #102  
Old 05-16-2011
dabnis dabnis is offline
Banned
 
Join Date: Jul 2007
Location: Truckee, CA
Posts: 8,591
Thanks: 2
Thanked 115 Times in 113 Posts
Rep Power: 0
dabnis is on a distinguished road
Back to the beginning, it appears the owner of the boat that broke
loose did not have "liability" insurance, so the owner of the boat he
damaged has to pay for the other person's negligence. If you have any
assets and want to keep them some form of liability insurance may
help you do that. If you don't have assets worth going after, no worries,
short of going to jail.

Dabnis
Reply With Quote Share with Facebook