Quote:
Originally Posted by fatlazyless
"...anyone know how your boat insurance policy works w/ regard to a negligent homicide indictment..."
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The indictment can't help the effect on future premiums; however, a final decision reached four years ago after a series of under-the-radar court appeals might assist in understanding the provisions of your particular policy. Coverage can be excluded depending on
criminal court findings:
Quote:
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"...[The Federal Court's] finding that coverage was excluded under the provision in Section B regarding "any loss, damage or liability willfully, intentionally or criminally caused or incurred by an insured person..."
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In other words, any civil suit decision comes "out of your hide" (and not your insurance policy) if you have the above provision in your policy.