31A-22-1502. Motorboat liability coverage. (1) A liability insurance policy purchased to satisfy the owner’s or operator’s security requirement of Section 73-18c-301 shall: (a) name the motorboat owner or operator in whose name the policy was purchased, state that named insured’s address, the coverage afforded, the premium charged, the policy period, and the limits of liability; […]
31A-22-1503. Motorboat liability policy minimum limits. Policies containing motorboat liability coverage may not limit the insurer’s liability under that coverage below the following: (1) (a) $25,000 because of liability for bodily injury to or death of one person, arising out of the use of a motorboat in any one accident; (b) subject to the limit […]
31A-22-1504. Mandatory coverage. (1) A rental company shall provide its renters with primary coverage meeting the requirements of Title 73, Chapter 18c, Financial Responsibility of Motorboat Owners and Operators Act. (2) All coverage shall include primary defense costs and may not be waived. Amended by Chapter 211, 2006 General Session