Again, straw man figures. If you only have liability and the only
line item on your declarations page is $2,000, that is all they are
going to pay..... and I wouldn't pay even $75 for that.

junnie, you obviously have no clucking fue what the word liability means. go
away.

And I think your basic premise is probably flawed. First, I can't
imagine a 26 foot sailboat being worth only $2000, nor do I believe
that most boat owners want to incur unreasonable risk.... which is a
function, not only of the value of the insured property, but of the
owner's net worth.