Hmmm I wonder if the Owner of the Stolen boat is Libel for all the Damage?
I believe it is covered in their insurance policy. Although it probably does not say that verbatim, but...
To add to this story, several years ago here in Oceanside, a broker took his girlfriend on a joy ride with a boat that was being offered for sale. Idiot crashed the boat into the jetty and sank it.
"The owner of a luxury yacht that had to be demolished after running aground at Oceanside Harbor over the weekend said Wednesday the man piloting the boat had no permission to operate it and should face criminal charges.
"Oceanside Harbor Police Sgt. Joe Spurgeon confirmed there is a criminal investigation into the actions of Geoff Quillin, the man who was at the helm of the 56-foot boat on Saturday night when it hit the Oceanside Harbor Beach jetty and sank.
"Quillin could not be reached for comment. Records show he recently worked as a broker out of Breakwater Yachts at the Oceanside Harbor."
San Diego Union Tribune - Feb. 10, 2010