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Old 21-08-2020, 06:47   #11
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Join Date: Mar 2012
Location: North Carolina
Boat: Seaward 22
Posts: 1,030
Re: Boat Insurers: Cartel or not? Time to leave BoatUS?

Quote:
Originally Posted by rslifkin View Post
Not quite. True self insurance would involve having the money set aside to cover the cost of an incident, particularly if you're self-insuring for liability.
so, for a $2 million liability policy, having $2 million in funds set aside. Doubt that many people who are self insured really have the funds set aside.
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