I've never had a boat with the bilge pump hose looped, that's for the fuel vent line. If you have water up that high on your gunnel to where water will come in the bilge outlet then you better start thinking about motoring or swimming to shore. If water did start coming in the bilge through the outlet then the float switch would come on and pump it right back out.
My current boat I'm working on has the outlet on the starboard side too but it's way lower than my other boats, possibly to avoid the tangle of cables and wires up in the gunnel or maybe so the pump doesn't have to raise the water as high. The sides are very high on this boat and I doubt water would get that high and if it did it would be spilling into the splashwell.