Hi Scooby... I think you still are wearing your insurance hat.
A basic purpose of the rules is to prevent contact between boats. By participating in an
event governed by the rules a boat agrees that responsibility for damages arising from any breach of the rules shall be based on fault as determined by application of the rules , and that she shall not be governed by the legal doctrine
This is the US Sailing prescription for the USA so maybe you don't have this rule in GB.
I still read this as I restated...
a boat agrees that responsibility for damages
shall be based on fault as determined by application of the rules
Now maybe that means that you don't have to pay up... but I don't know what responsiblity means then.
Do your insurance policies in Great Britan cover you UNDER the Racing Rules of Sailing explicitly?
I know that I ask about coverage for racing and I am TOLD that Sure ... you are... but I don't believe I have ever seen it in writing and I know they don't refer to the racing rules of sailing.
Take Care
Mark