L small coastal vessel needs repairs following a loss caused by an insured peril

Sociology Mar 24, 2022

L small coastal vessel needs repairs following a loss caused by an insured peril. The wner of the vessel wants repairs to be carried out by a local repair yard owned by his rother. The insurers believe the vessel can be repaired more cheaply elsewhere. Explail :ith examples the provisions of the Institute Time Clauses — Hulls 1/10/83 giving isurers the right to take control of the claim.