Next message: TByrne: "Re: T&T: Legrace in Norfolk VA (at Waterside Marina)"
I would point out here that there is a big difference between "self
insurance" and "no insurance". For self insurance funds are actually
set aside to pay for losses.
Phil de l'Etoile
"Brave Duck"
San Francisco Bay Area
OK Let me get this straight if I "self insure" for say $500,000 hull value
then I have to have $500,000 sitting around to pay on a potential claim against
myself? And if I don't have the $500,000 then what perhaps sue myself? Kind of
silly. Self insure is just a polite way of saying no insurance.
Brian Palmetto FL
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