Franson Insurance Services, Inc.
4974 E. Clinton Way, St A-212
Fresno, Ca. 93727
(800) 993-9398
Marine and Houseboats Insurance Specialists
Home of the Elite Mariner Clubs

21 August 2001

RE: Houseboat Insurance Credit for PSI Drive Systems

It was a pleasure visiting the PSI booth at the National Houseboat Expo. The carriers marine underwriter and I were impressed with the Pulse Drive Trimmable Surface Drive.

It is apparent to us that the system can reduce one of the most numerous types of claims we see on houseboats, namely damage to the outdrives/lower units, and damage to machinery running gear.

Our premier insurance product for houseboats is the "Elite Mariner Houseboat Insurance Program", offered exclusively through our agency and underwritten by Zurich Insurance Group (a national, "A" rated insurance company).

We are pleased to offer a 5% credit on houseboat hull insurance for houseboats that have your system installed or retrofitted.

May you have great success with a fine product!!

Sincerely,

Keith R. Franson
President