T&T: "Self Insurance"

[capteric36@sbcglobal.net]

 Of course there is one other avenue to explore.
 One could go to his favorite financial
institution and determine what the maximum
'personal loan' he might be able to arrange. Don't
actually borrow any money, just determine your
ability to borrow money.
 That is the level at which you can
self insure" for anything. Liability, hull, etc.
 If you have good credit you might be able to
finance a whole LOT of 'self insurance' and pay
NOTHING to an insurance company.
 After all, liability insurance is a bet that you
are NOT able to operate your boat in a safe
manner.
 Hull insurance also implies that your boat is in
danger of sinking because of your choices. Either
of where you boat, or in what weather you choose
to boat.

 I think caution and moving the heck OUT of
Florida would demonstrate less need for insurance.

 Just my $0.02 worth...

Eric Thompson
S/V Procrastinator
South San Francisco
capteric36@sbcglobal.net