"Curtis CCR" wrote in message
om...
"Calif Bill" wrote in message
link.net...
"jps" wrote in message
...
In article ,
says...
jps wrote in message
.. .
My boat policy is about to renew and I thought I'd do a little
shopping
based on posts I've read about Boat US being a reasonable
alternative.

Everything looked pretty much the same (including cost of
coverage)
until I got to "uninsured boater" line. My present policy assumes
$50,000 and the Boat US is $300,000. I assume that if my vessel
is a
total loss with someone else at fault, the max. payout with my
present
policy is $50K (and the boat is worth significantly more).

I'm mystified why my broker would write the policy this way and
disappointed that I didn't see this previously.

Anyone have any insight? Is my broker shortsighted or what?

"Uninsured Boater" coverage does not cover your boat. The hull
value
is covered by "Boat and Boating Equipment Coverage", which the Boat
US
policy equivalent to Collision and Comprehensive on your car. Just
like if you're hit in your car by an uninsured driver - it's your
collision coverage that repairs your car, not your unisured motorist
coverage.

"Uninsured Boater" covers those damages for which the uninsured
boater
may be liable to you, except your boat itself. It would cover, for
example, medical expenses for you if the uninsured other guy was at
fault in a collision.

Okay, I understand but the question remains. Why would my broker
write
the policy for $50K "uninsured boater?" If someone were to get hurt,
$50K can get eaten up pretty fast...

Then your liability insurance kicks in. If someone other than the
insured
is injured on your boat, it is your liability that works. If you are
injured by an uninsured boater / motorist then the uninsured motorist
part
will pay the deductibles, etc from your health policies. And boat / car
damages upto the limits.

Not neccesarily. Liability coverage only covers you if you are found
negligent. If the accident was someone elses fault, your liability
coverage may not kick in at all. So the amount of "unisured boater"
coverage is something to consider.

And "unisured boater" coverage does not cover damage to your boat.
Your "boating and boating equipment" coverage would handle that.

If the other person causes the accident and is uninsured, then is very
likely that your liability coverage is going to kick in, if anybody besides
you on your boat was injured.