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post #52 of Old 03-30-2013
jackdale
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Re: Sailboat perishes off Hatteras, USCG rescues crew

Quote:
Originally Posted by jameswilson29 View Post
So rates will not be going up due to all the losses from Super Storm Sandy?

Similarly, if an insurance company sustains a number of significant losses paid out, there is no need to raise premiums?

Wow, I am learning something new every day!
My point was that ALL insurance rates will be affected, not just Boat US.

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