Cruising Sailors Forum Archive
The "Value" of the boat might become an issue in a 100% loss.
In Response To: Hopefully adequately insured. Otherwise THAT would be the worst nightmare 
()
() Forgetting the deductable.
That, plus, someone wanted to actually sail their new "yacht" instead dealing with their insurance company, lender (if the have one, who'll be looking for the proceeds), etc.
Generally, casualty loses don't reimburse legal expenses out of proceeds.
Messages In This Thread
- A new sailboat owner's worst nightmare.
- Hopefully adequately insured. Otherwise THAT would be the worst nightmare
- The "Value" of the boat might become an issue in a 100% loss.
- Update
- Hopefully adequately insured. Otherwise THAT would be the worst nightmare