View Single Post
Old 05-26-2023, 05:52 PM   #18
twistedtree's Avatar
City: Walkabout Creek
Join Date: Jan 2013
Posts: 9,566
Originally Posted by PMF1984 View Post
I have insurance for up to 125. The salvage value is 15. So if I want to keep the boat, the insurance company will shell out 110 and call it even.

OK, that makes sense. So remind me what the issue is? Is it just a question of whether you take the $125k insurance money and keep it all, or if you pay back $15k to keep the boat and fix it?
twistedtree is online now   Reply With Quote