How to lose $2.5 million in a hurry

[Rubikoop]

This yacht burned in the harbor below my house yesterday.

US Virgin Islands video shows luxury yacht fire at Charlotte Amalie harbor | Daily Mail Online


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[barnakiel]

Oy oy oy ;-(

Too bad. I was reading just yesterday about a huge fire in Cowes where 30 wooden classics went to smoke!

Oy oy oy.

b.

[arsenelupiga]

owner run out of maintenance dollars.

[Rubikoop]

Other than the fact that the owner wasn't onboard and the fire began while tied to a dock in front of 10-20 thousand witnesses, I suppose it's possible.

Another large yacht sank yesterday too offshore in the Mona Passage 100 miles from Puerto Rico. That would make more sense if you were trying to collect on insurance.


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[Xthewater]

Couple weeks ago there was a 4 alarm fire at a boat maintenance facility on a Sunday night just near our marina.
400 boats destroyed at an estimated $25 million. Our boats are now covered with soot.

[Cadence]

Was the owner in the restaurant business?

[Dave-Zim]

Jeez what a mess.

Feel for the owner, they must be gutted.

Shame, horrible phone call to receive hey?
Boss, erm, your pride and joy burnt to the waterline.

Phew.....and it was a really pretty yacht too. Damn....

[Cadence]

Originally Posted by Dave-Zim

Jeez what a mess.

Feel for the owner, they must be gutted.

Shame, horrible phone call to receive hey?
Boss, erm, your pride and joy burnt to the waterline.

Phew.....and it was a really pretty yacht too. Damn....

If you can afford one like that, I feel for the insurance co. and those others paying premiums.

[valhalla360]

Originally Posted by Cadence

If you can afford one like that, I feel for the insurance co. and those others paying premiums.

Yep, highly unlikely it will cost the owner more than the deductible...then again the deductible is probably more than my boat is worth.

[Prairie Chicken]

Sad, for any owner.


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[a64pilot]

OK I believe everything referencing said remark has been removed.
Whenever there is doubt I guess best to default to most conservative response and remove


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[a64pilot]

Intent is I believe very important as is context.
If your from the South and someone smiles and says "bless their little heart" even though they are smiling and it sounds nice, trust me, they are not being complimentary.
People can be VERY offensive, and yet if you look literally at what is said, they said nothing offensive.
They converse is true.
Any offensive remark has been removed, and if any was left it was a mistake, please let's move on?


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[socaldmax]

I feel bad for the other policy holders with that insurance company. You know they're just going to spread that loss all over everyone else. I wonder what started the fire? I imagine it's pretty difficult to determine the source after a fire like that, especially on a boat.