What it does
FL 04 83 modifies FL 00 20 to cover liability arising from watercraft listed in its schedule: watercraft with outboard motors over 25 total horsepower or inboard or inboard-outdrive engines, and sailing vessels 26 feet or more, with their navigation periods.
Who needs it
Farm families with boats beyond the size the base form covers.
Quoting and selling notes
Schedule each boat and motor; larger boats may need a separate watercraft policy. Wording reviewed: 09 03 edition.
How it fits the farm liability policy
A farm liability endorsement changes only the coverages it names (Coverage H bodily injury and property damage, Coverage I personal and advertising injury, Coverage J medical payments, or a coverage it adds). The rest of FL 00 20, including the definitions of "farming", "custom farming" and "insured location", continues to apply. When presenting a quote, list each farm liability endorsement and its schedule entries so the insured sees how the base form was broadened or narrowed.
