Douglas sometimes takes personal friends and his own business colleagues fishing on an inboard$/$outboard boat that he owns. Of course, he does not charge them, although he might ask them to bring the beer. On other occasions, a complete stranger hires him to take a small group fishing. What type of insurance should Douglas have to cover these exposures?

$($Search Chapter $6)$

a$.$ An unendorsed homeowners policy provides adequate coverage.

b$.$ A homeowners policy with the Watercraft $($HO $2475)$ endorsement will address his needs.

c$.$ Douglas should purchase a separate boatowners policy because of various business exclusions in a homeowners policy.

d$.$ Douglas should purchase a commercial boatowners policy.