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Forum: Messages

09-26-07, 03:59 PM

Replies: 80

Insurance costs

Views: 158,273

Posted By rick bell

be careful, under insuring the hull will means...

be careful, under insuring the hull will means you are co-insuring the hull.
so a hull valued at 150k and you insure it
for 75k means you are eating the first 50% of the loss.

Forum: Messages

11-21-03, 09:58 PM

Replies: 80

Insurance costs

Views: 158,273

Posted By rick bell

yes

yes

Forum: Messages

11-19-03, 12:43 PM

Replies: 80

Insurance costs

Views: 158,273

Posted By rick bell

you can self insure if there is no lien holder or...

you can self insure if there is no lien holder or the lender does not require it(most due)

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