In “The Voyage to Coverage: Does My Watercraft Need Its Own Policy?” Partner Erin Mindoro Ezra, Senior Associate Walker Macon, and Associate Attorney Tucker Y. Phillips discuss the issues surrounding “watercraft” coverage policies with exclusions and express the importance of carefully reading through insurance policies.
A hot summer day brings plenty of opportunities to enjoy the refreshing water, whether on a motorboat, kayak, or jet ski—but it also brings risks. Accidents are rather common, and insurance coverage for watercraft isn’t always straightforward. Many policies contain “watercraft” exclusions, and courts have interpreted them in surprising ways, from disputes over horsepower to whether a brand name like “Jet Ski” applies broadly.
Before heading out on the water, know how your insurance policy defines and limits coverage.