Re: Boat Insurance....
Tip of the hat to you, Captain, you were 100% correct. Verified with the insurance agent today. Thank you!
Update:
The insurance agent called the insurance company, which said:
Partial loss requiring salvage comes out of the agreed value.
Total loss requiring salvage comes out of the Watercraft Liability portion ($300K).
Your thoughts Captain?
Last edited by pcheesesteak; 03-15-2021 at 05:00 PM..
|