liability

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pwcaccident

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One of my friends had a boating accident on my PWC and severely injured another friend of mine. I had insurance coverage of $100k which has been offered to the injured party. Do I have any other liability in this matter? I was not involved in this accident but I am the registered owner.
 
One of my friends had a boating accident on my PWC and severely injured another friend of mine. I had insurance coverage of $100k which has been offered to the injured party. Do I have any other liability in this matter? I was not involved in this accident but I am the registered owner.


If you're sued for any amount over $100,000 and a larger award is given by the court, say $250,000, you might be in the hook for $150,000 more. You might want to discuss this in detail with your insurance company and attorney.
 
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