Let's close this out but I do believe there is a misconception
regarding this topic. This is personal use. I am in control of who goes
on the trip. Where I take them. The duration of the trip. Exclusively.
I have been boarded by the coast gaurd during one of these trips for a
safety check with no problems. All of my prior insurance companies for
the last 30 years have never had a problem with this use and
reimbursement except Boat US. I have found many other companies that
will take the premium and have spoken to underwriters to verify
coverage in this situation. The corporation reimbursing use is a
similar situation to having another person chip in on fuel. This is not
considered a charter situation.


wrote:
Reginald P. Smithers wrote:
wrote:
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.


Congratulations.
And good luck.
Very good luck, indeed.

Chuck,

He should only have a problem if he needs to file a very large claim.
If he doesn't have an accident, or if the claim is minor he will not
have any problems.

I would hate to think what the insurance company would do if someone was
hurt and won a million dollar settlement. My guess is the Insurance
would be reviewing the situation very closely to see if the "business
use/charter" as defined by the Coast Guard, without a 6 pack license
would make the insurance policy null and void.

The odds are in his favor that he will not need to file insurance, so
what's the big deal. Heck, now that I think about it, I have had my car
insurance for over 35 yrs, and have never filed a claim, and the only
claim I have filed on my boat was due to hurricane damage, so I really
don't need car insurance, and I can only keep my boat insured during
hurricane season. Damn, I have never filed against my homeowners, so I
just saved some more money there.

Yeah, that's the ticket, I can save one hell of lot of money that way.

--
Reggie

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


I suspect that the biggest reason Fog found a policy that he believes
will cover him as a pleasure boater -(while taking his boat where has
been instructed to take it by his employer, giving boat rides to people
selected by his employer, and receiving compensation for doing so from
his employer)- is pretty simple:

The agents for Brand X are on commission, while Boat US sells direct.

The salesman giveth, the claims representative taketh away.

I'm sure he's got a binder in hand, I hope he'll take the time to read
the policy in full when it shows up in a week or so. First I personally
ever heard of an insurance company indemnifying an illegal activity, if
indeed the coverage doesn't evaporate between the oral representations
of the salesman and the written reality of the policy.

With only moderately good luck, it won't ever be an issue. But if we
could always count on moderately good luck, we wouldn't ever need to
buy insurance in the first place. :-)