TABLE 31. - DlFfiERENCES IN TH£ COST OF HULL INSURANCE 

 BET^'SEN VESSELS INSURED 'i-JITH AJ^ERICAN ANH ALIEN INSURERS 

 AS INDICATED BY THB KDST IMPOBTAHT AND FREQUEHT 5R0VISI0HS OF THE IVSJRASCS COHTRACT 



Geographical area - 

 contractual provision 



I. Nsw Enfjland 



I.Net premiuii ratio (dollars per 100 



dollars insurance) . , , , 



2. Including latent defects (Inchmaree clause J 



3. Including franchise olauee 



1+. Including deductible average 



5. Franchise amount on all claims except 



colliaion (dollaro per policy) 

 6. Deductible amount on all claims except 



collision (dollars per policy) 

 7, Exclusions on lose of equipment 



Number of policies In the sample (lOOJ^) 



Policies wi'ltten 

 by American 



ingirerp 



U9^ 



$607 

 (395) 



Pol lei 3 13 written 

 by .U.len 

 jn surer B 



k.3 



$1,167 

 $583 



(70) 



$615 

 $368 



Percentage of or average amount in policies 

 having indicated contractual provision 



All 



policies 



in sample 



9U^ 

 565L 

 52^ 



II. Gulf Area 



1. Net premium ratio ( dollars per 100 



dollars ins'j.raiice) 



2, Including latent defects (Inchmaree clause) 

 5. Including franchise clause 



l*. Including deductible average 



5. Franchise amount (dollars per policy) 



6.D<;dujti"ole amount on all claims of whatsoever 



nature (dollars per policy) 

 7. E xclusions on Iofs of equipment 



Number of policies in the sample (lOO^) 



lll-Callfomla 



I.Net preiTiivuTi ratio (dollars per 100 



dolT.?.rs insurance '^ . , 



2. Including latent defects (Inchmaree clause) 

 3- Including franchise clause 

 l^. Including deductible average 

 5. Franchise amount on all claims oxoept collision 



(dollars per policy) 

 6, Deductible amount on all claims of v;hatsoever 



naVxre (dollars fier policy) 

 7. Excluelona on Io ns of equipment 



Niunber of policies in thr, sample (lOC^) 



5.1 

 96* 



$1+26 

 _77^_ 



(225) 



5.9 

 92* 

 75* 

 72* 



$2,000 



$ 



361 

 9U* 



(205) 



7.5 



c* 



$ 150 

 c^ 



5.8 

 96* 

 55* 

 hk<f, 



$2,979 



$ 



350 



9^ 



(133) 



5.1 

 51** 



96* 



$U20 

 76* 



(227) 



5.9 

 91** 



61* 

 $2,306 



$ 



3'*l 

 96* 



(558) 



a/Base too email for percentaging; actual frequencies In parentheses 

 Source : Tables A-85, A-88 to A-92, Appendix A, No basic table ibr iLtem 2, but detailed 



in Appendix A. 



130 



cables are 



