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Old 04-26-2012
SkiddieDon SkiddieDon is offline
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Re: Insurance

From an Insurer's point of view, a boat is a fragile thing and Florida is prone to hurricanes as we all know it. During a hurricane, you dont just risk the boat being washed away but also stuff hitting your hull, considering that it is a pretty old wooden boat, the cost of insurance will just increase, because not only the hull has to be insured but the boat as a whole as well, then there is the cost of Surveying the hull. 8.5% is a pretty good rate considering the age of your boat, if I were you, I would continue with it.
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