[PSUBS-MAILIST] insurance

[kocpnt tds.net]

Hi All,

I have all my business insurance with the same agency. I do not have
insurance on my sub.
Be careful what questions you ask of your existing carrier! My broker said
that if the underwriters find out that I have a sub, my Inland Marine,
Umbrella, Liability may be rate adjusted or canceled. I understand this
because in my early days I was in that business.

Best Regards,

Jim K


On Thu, Mar 27, 2014 at 2:52 PM, hank pronk <hanker_20032000 at yahoo.ca>wrote:

> Jon, Joe
> I just returned from our local auto insurance agency.  I can not buy cargo
> insurance from the auto insurance provider.  In our case it is ICBC
> Insurance Corporation Of British Columbia.  My trailer is insured under my
> truck and the cargo is not covered.  They are checking if my house
> insurance can be extended to cover it while stored only.
> My daughter also just let me know that the home insurance should do it but
> I will need to prove value.  This is pretty weird.  Your right Jon, does
> not make sense.
> Hank
>
>
>   On Thursday, March 27, 2014 12:23:16 PM, Jon Wallace <
> jon.wallace at yahoo.com> wrote:
>
> Are you sure they understood what you wanted?  Trailers are usually
> covered by automobile insurance automatically and I've never heard any
> grumbling about whether that trailer was a camper, utility, or boat.  Like
> Joe said, it's just value.  Same with storage, why would the fact it's a
> submarine make a difference?  How is a submarine in storage any different
> than a boat in storage?  And why on earth would you need certification to
> cover a submarine in storage.  Something not making sense Hank.
>
> Jon
>
>
> --------------------------------------------
> On Thu, 3/27/14, Joe Perkel <josephperkel at yahoo.com> wrote:
>
> Hank,In aviation,
> incomplete projects are insurable in this way. Materials
> lost in a fire or storm are just that, materials with
> value.JoeSent
> from Yahoo Mail for iPad
>
>
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