What do You expect in case of loss?
Posted by tonyb on July 04, 2002 at 04:54:15:
In Reply to: boat loss due to sinkage I need insurance help posted by bruce on July 02, 2002 at 17:37:10:
In a nutshell a total loss is one where the estimated repair cost, less
the salvage value, exceeds the value of the boat. You may want to have a
hand in establishing those three factors. If you do a search on http://www.disasterprepared.net/board/index.html
for "total loss" you will find several references and total loss rules to
help guide you. Have you filed a formal claim? You may want to look at:
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