Common exclusions and conditions found in marine insurance policies
05-14-2015, 08:53 PM
#11
Mod Squad Enforcer
Charter Member
Join Date: Nov 2002
Location: On the way to a PR near you
Posts: 12,958
Received 795 Likes
on
258 Posts
q. a taking, holding, hiding, repossession or sale by:
(1) anyone to whom was given the insured watercraft's care, custody, control, or use;
This cost me my first boat. State Farm refused to pay after the dealer that had it in for service sold several boats over the winter and took off with the cash. Georgia is a no-title state so it allowed him to pull it off. I lost my 29' Fountain and was out all the cash with ZERO help from the insurance company. Azzhats.
(1) anyone to whom was given the insured watercraft's care, custody, control, or use;
This cost me my first boat. State Farm refused to pay after the dealer that had it in for service sold several boats over the winter and took off with the cash. Georgia is a no-title state so it allowed him to pull it off. I lost my 29' Fountain and was out all the cash with ZERO help from the insurance company. Azzhats.
05-14-2015, 09:53 PM
#12
Registered
Platinum MemberJoin Date: Dec 2013
Location: East Texas Waterfront- running errands if anyone asks
Posts: 903
Likes: 0
Received 1 Like
on
1 Post
q. a taking, holding, hiding, repossession or sale by:
(1) anyone to whom was given the insured watercraft's care, custody, control, or use;
This cost me my first boat. State Farm refused to pay after the dealer that had it in for service sold several boats over the winter and took off with the cash. Georgia is a no-title state so it allowed him to pull it off. I lost my 29' Fountain and was out all the cash with ZERO help from the insurance company. Azzhats.
(1) anyone to whom was given the insured watercraft's care, custody, control, or use;
This cost me my first boat. State Farm refused to pay after the dealer that had it in for service sold several boats over the winter and took off with the cash. Georgia is a no-title state so it allowed him to pull it off. I lost my 29' Fountain and was out all the cash with ZERO help from the insurance company. Azzhats.
05-15-2015, 11:05 AM
#13
Mod Squad Enforcer
Charter Member
Join Date: Nov 2002
Location: On the way to a PR near you
Posts: 12,958
Received 795 Likes
on
258 Posts
It was theft. He eventually did some time. He was gone and never reported the purchaser. Insurer stated the clause above with the advice to pursue the dealer's insurance policy. Again, azzhats.
05-23-2015, 07:28 PM
#16
Registered
06-03-2015, 08:26 PM
#20
HP Marine Ins. Specialist
Thread Starter
Join Date: Mar 2008
Location: Insuring any kind of boat
Posts: 985
Likes: 0
Received 0 Likes
on
0 Posts
yes sir, I sure can!
Call me when you are ready. Sorry for the delayed response, it's been a crazy two weeks here at the office and I haven't had a second to log on until now. Thanks for considering Wake Zone. Hope to chat with you soon!
