Who Is Liable In A Boating Accident?
August 27, 2020
Boating is a major part of most Minnesotans yearly plans. Living in the land of
Boating is a major part of most Minnesotans yearly plans. Living in the land of
Most policies contain both coverage for liability and medical payments, also known as “med pay”, but what do each of these terms mean?
Many liability or umbrella insurance policies however contain a provision few consumers know about. It is called a “step down” or “drop down” provision. It only applies in very limited circumstances, but can have huge ramifications when it does. This unpleasant surprise may result in you getting something much different (and less) than you expected.
Many people may have heard of “umbrella” insurance, but probably don’t know what that term
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