Norm of Bandersnatch ([EMAIL PROTECTED]) wrote: > If one lies while applying for insurance the insurance will be invalid and > damages not paid.
well there are two reasons to have marine insurance. 1) to protect yourself against the financial loss of boat and contents 2a) to protect yourself against expensive claims made by others whose boats or property are damaged by one's own misadventure or misjudgement 2b) to fulfill requirements by litigation-happy marina owners who will not allow you to rent a slip w/o proof of insurance. insurance based on a falsified application would solve the 2b problem -- and this problem may be spreading further and further around the world from the US, like a contagious disease :-( but it doesn't solve the other two problems, because as Norm points out, the insurance company will not pay up (and they are very good at finding reasons not to pay up, you betcha) if they discover that your application information was falsified. where I'm tied up right now they don't ask questions about insurance. living aboard I am less likely to suffer boat loss than an absentee owner. so I'm thinking maybe it's just a non-issue and I'll "self insure". theft of a dinghy is probably the most common financial hit for cruising boats, and my dinghy has no outboard and is not a desirable Avon or other RIB. I can think of some other good uses for $500-$800 per annum. de _______________________________________________ Liveaboard mailing list [email protected] To adjust your membership settings over the web http://www.liveaboardnow.org/mailman/listinfo/liveaboard To subscribe send an email to [EMAIL PROTECTED] To unsubscribe send an email to [EMAIL PROTECTED] The archives are at http://www.liveaboardnow.org/pipermail/liveaboard/ To search the archives http://www.mail-archive.com/[email protected] The Mailman Users Guide can be found here http://www.gnu.org/software/mailman/mailman-member/index.html
