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post #53 of Old 03-30-2013 Thread Starter
jameswilson29
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Re: Sailboat perishes off Hatteras, USCG rescues crew

My point, which was partly in jest, is that a particular company that suffers sufficiently significant losses will have to raise premiums.

Losing a $500K boat, assuming its a complete loss, will be a significant hit for whichever company insured it.
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