Boat Aground In Annapolis, MD- Can someone help this man - Page 11 - SailNet Community
LinkBack Thread Tools
post #101 of 104 Old 05-16-2011
Mermaid Hunter
SVAuspicious's Avatar
Join Date: Oct 2006
Location: on the boat - Chesapeake
Posts: 3,993
Thanks: 0
Thanked 158 Times in 141 Posts
Rep Power: 10
Originally Posted by dhays View Post
JThere are a lot of variables that would go into that, but I can tell you that I'm insured for $500k per accident. The more I think about it, I think that I should check into increasing it.
The last time I increased my liability cover I found that my costs were lower by reducing the primary cover and adding an umbrella liability cover that picked up from the primary and went to the $2M limit I wanted. It's been quite a while since I did the research and different companies may operate differently.

I'm just glad the guy got his boat out of Lake Hillsmere.

sail fast and eat well, dave
S/V Auspicious
beware "cut and paste" sailors.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
SVAuspicious is offline  
Quote Quick Reply Share with Facebook
Sponsored Links
post #102 of 104 Old 05-16-2011
Senior Member
dabnis's Avatar
Join Date: Jul 2007
Location: Truckee, CA
Posts: 8,771
Thanks: 2
Thanked 116 Times in 114 Posts
Rep Power: 9
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 is offline  
Quote Quick Reply Share with Facebook
post #103 of 104 Old 05-16-2011 Thread Starter
Senior Member
casey1999's Avatar
Join Date: Oct 2010
Location: HI
Posts: 3,388
Thanks: 21
Thanked 47 Times in 46 Posts
Rep Power: 6
Insurance is not only for your boat, or someonoe else's boat, but also the environmental damage you could do in a grounding- Coral damage or diesel spill in the water. Here in Hawaii boaters have been fined $100's of thounsands of dollars for damage to coral reefs while anchoring (anchoring on live coral).

The other think I found funny, back during the March Tsunami, many boats in Hawaii were damaged or totaled. They were at dock when the Tsunami hit. Many of these boats were live aboard and were sunk. One retired man lost everything and the boat was his house. A few weeks ago these boaters were crying at a meeting with the state (hawaii) asking what the state was going to do to help them! None of the boaters had insurance.

For $500 a year to insure my boat and $300K in liability I think insurance is a good deal. Even if you are in the right someone can still sue you. At least your insurance company will defend you at no cost (you hope at least).
casey1999 is offline  
Quote Quick Reply Share with Facebook
post #104 of 104 Old 05-17-2011
Senior Member
Ilenart's Avatar
Join Date: Jul 2007
Location: West Australia
Posts: 516
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 9
Boy has this thread gone off topic!!!!! Took me 15 minutes to work out the stuck boat is free!!!

Ilenart is offline  
Quote Quick Reply Share with Facebook

Quick Reply

By choosing to post the reply above you agree to the rules you agreed to when joining Sailnet.
Click Here to view those rules.

Register Now

In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page

Similar Threads
Thread Thread Starter Forum Replies Last Post
Annapolis Boat show SpiritofGentleness Introduce Yourself 3 09-26-2009 02:20 PM
Autopilot runs boat aground erps General Discussion (sailing related) 7 06-18-2009 02:28 PM
Annapolis Boat Show...BAM? camaraderie General Discussion (sailing related) 3 08-29-2007 12:33 PM
Boat runs aground in Callawassie Sound - Beaufort Gazette NewsReader News Feeds 0 01-21-2007 08:15 AM
Annapolis Boat Show jmunson2 General Discussion (sailing related) 30 10-17-2006 10:07 AM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome