Traveltalkonline.com Forums

.


BVI Cruise Schedule TTOL Sponsors BVI Travel Calendar
Forum Statistics
Forums39
Topics40,583
Posts329,214
Members26,911
Most Online4,031
Dec 15th, 2024
Top Posters(30 Days)
BEERMAN 24
Manpot 20
GaKaye 16
Jerry_R 13
Kennys 13
Member Spotlight
RickinAtlanta
RickinAtlanta
Woodstock, GA
Posts: 3,661
Joined: February 2002
Today's Birthdays
jt716
Who's Online Now
5 members (louismcc, cabokid, Fletch, Manpot, 1 invisible), 318 guests, and 79 robots.
Key: Admin, Global Mod, Mod
Previous Thread
Next Thread
Print Thread
Rate Thread
Joined: Feb 2013
Posts: 82
Traveler
OP Offline
Traveler
Joined: Feb 2013
Posts: 82
After losing our Lagoon 400 to Irma we received our insurance settlement in January. On the declaration document there was a deductible for windstorm (5 % of hull ) so we were quoted a settlement minus the deductible. When I read the Policy there was a paragraph that stated if the yacht was a constructive total loss the deductible would be waived. Long story short after a few phone calls and emails we were paid the deductible on a separate wire transfer.
READ YOUR POLICY

BVI Sponsors
.
Joined: Jan 2005
Posts: 4,557
Traveler
Traveler
Offline
Traveler
Traveler
Joined: Jan 2005
Posts: 4,557
Same goes for homeowners and if you don't understand the clause ask that it be in simple English.


GordaGuy2

Link Copied to Clipboard
Powered by UBB.threads™ PHP Forum Software 7.7.5