Sheesh. I had a sailboat for a few years in Florida and the Bahamas, and I was constantly trying to dodge hurricanes, one time unsuccessfully and ended up with a damaged boat. I’m biased, but that sure seems like a scary risk. But they obviously know what they are doing, so I will attempt to ignore it and not worry. 😬
Sheesh. I had a sailboat for a few years in Florida and the Bahamas, and I was constantly trying to dodge hurricanes, one time unsuccessfully and ended up with a damaged boat. I’m biased, but that sure seems like a scary risk. But they obviously know what they are doing, so I will attempt to ignore it and not worry. 😬
I’m sure the premium received was very high relative to the risk but it would be very painful if things go bad… Of course, Berkshire can handle such a huge claim but it would be very unpleasant!
Sheesh. I had a sailboat for a few years in Florida and the Bahamas, and I was constantly trying to dodge hurricanes, one time unsuccessfully and ended up with a damaged boat. I’m biased, but that sure seems like a scary risk. But they obviously know what they are doing, so I will attempt to ignore it and not worry. 😬
I’m sure the premium received was very high relative to the risk but it would be very painful if things go bad… Of course, Berkshire can handle such a huge claim but it would be very unpleasant!