jwnall
Moderator Emeritus
A friend asked me this question. I didn't know the answer, but told him that I knew a place where I could probably get him a definitive answer. And so I am posting it here.
My friend went to the Bahamas back in January (sailboat, but he is a good guy), loved it, and thought about leaving his boat there for the summer. His better half vetoed that, and so he is back Stateside now.
But he wondered, and guess I wonder too. His comprehensive insurance has a "named storm exclusion" rider, and he reads it as he would have no coverage for damage if he had left the boat there and along comes Hurricane Dorian.
So it would be a total loss? He would not get any money if the boat is lost in the named storm? I know policies differ, but is that the general gist of it?
My friend went to the Bahamas back in January (sailboat, but he is a good guy), loved it, and thought about leaving his boat there for the summer. His better half vetoed that, and so he is back Stateside now.
But he wondered, and guess I wonder too. His comprehensive insurance has a "named storm exclusion" rider, and he reads it as he would have no coverage for damage if he had left the boat there and along comes Hurricane Dorian.
So it would be a total loss? He would not get any money if the boat is lost in the named storm? I know policies differ, but is that the general gist of it?