Action against insurance.

Any contract insuring the liability of a nonresident operator of a motorboat in Iowa shall, in case of the death of said nonresident, be considered an asset of the nonresident’s estate having a situs in Iowa in any civil action arising out of an accident in which said nonresident may be liable. [C62, 66, 71, 73, 75, 77, 79, 81, §106A.14 ] C93, §461B.14