Jimmy Buoy
Well-Known Member
- Dec 3, 2008
- 2,468
- Boat Info
- 2003 Cobalt 293
- Engines
- Twin Volvo-Penta 5.0 270hp & DuoProps
It would be interesting to see what any manufacturer's cost of Liability Insurance adds to the bottom line selling price. With stories of large settlements awarded to no-mind plaintiff's (like the recent story of a teenager that had his leg chopped up by the prop) this coverage must be a major cost to any manufacturer.
Also, it is likely that the total liability insurance payouts/yr have increased at a faster rate than the boat's MSRPs.
Also, it is likely that the total liability insurance payouts/yr have increased at a faster rate than the boat's MSRPs.