Collision - a Cautionary Story

[Rockfish]

http://www.timescolonist.com/news/l...water-family-tells-of-crash-s-toll-1.23323194

 

[lordofthesprings]

good article

 

[Gunsmith]

Yes this makes me feel assured having always included liability on my boat policy. I went for 2 million.

 

[mbowers]

Yes this makes me feel assured having always included liability on my boat policy. I went for 2 million.

Do you think you might be getting ripped off if damages are capped at 1 million?

"For vessels under 300 tonnes, which includes almost all pleasure vessels, there’s a $1-million limit of liability on the owner and the operator. If one person is injured, all that person can collect is $1 million. If five people are injured, they can collect $1 million in total."


Thanks for posting Rockfish, I actually read the whole article this time.

 

[Gunsmith]

Do you think you might be getting ripped off if damages are capped at 1 million?

"For vessels under 300 tonnes, which includes almost all pleasure vessels, there’s a $1-million limit of liability on the owner and the operator. If one person is injured, all that person can collect is $1 million. If five people are injured, they can collect $1 million in total."


Thanks for posting Rockfish, I actually read the whole article this time.

Good point , never thought of that.