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posted to rec.boats
Reginald P. Smithers
 
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Default Marine Insurance Business Use Exclusion

Fog Dog wrote:
As it turns out there a Many insurance providers that do not share the
same harsh definition of Business Use as Boat U.S. so... problem is
resolved now.

Thanks for the responses.

Reginald P. Smithers wrote:
RCE wrote:
" JimH" jimhUNDERSCOREosudad@yahooDOTcom wrote in message
...


Have your attorney draw up a contract that includes a hold harmless clause
(in your favor) and have the company owner sign it. I would also ask to
be named as additional insured on their policy for the days you will be
hosting company events on your boat.

"Hold harmless" contracts aren't worth the paper they are written on.
Ask any attorney.

RCE

This highlights the dangers of asking or following legal advice in
UseNet. The advice is worth exactly what you have paid for the legal
advice.

Nothing.



Fog,
I have always thought asking a question in UseNet helps you narrow down
the focus of your research, and point you in different direction that
you might not even thought of.

With all of the REALLY BAD advice I have seen, I would only use any
advice as the gospel.

I am glad you found some insurance companies who provide broader
coverage, and you provided them will all of pertinent info concerning
the use of the boat and any possible reimbursement. If you have to file
a claim, the same company that was so friendly when it was trying to
sell you a policy can be looking for legal loopholes to get out of the
coverage.

--
Reggie

That's my story and I am sticking to it.