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MIrrocraft Deep Fisherman - Deeeep scratch repair
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<blockquote data-quote="richg99" data-source="post: 459019" data-attributes="member: 4376"><p>This occurrence brings up a good question. </p><p></p><p>Many of us have older boats into which we put lots of time and money. Let's say somebody bought a $4,000.00 boat and then added $2,500.00 to it.</p><p></p><p>My guess is that my insurance would probably only pay me $4,000. if I had a total loss. I've read about "agreed value" but really don't know anything about it. My independent agent's staff knows little about boats. My policy normally is written by Foremost.</p><p></p><p>Anyone????</p><p></p><p>p.s. I carry the highest deductibles that I can on all of my insurance. I can afford to "self-insure" for smaller claims. I, also, have never had a claim other than a roof or two and/or a minor fender-bender, over nearly 60 years of owning "Stuff".</p></blockquote><p></p>
[QUOTE="richg99, post: 459019, member: 4376"] This occurrence brings up a good question. Many of us have older boats into which we put lots of time and money. Let's say somebody bought a $4,000.00 boat and then added $2,500.00 to it. My guess is that my insurance would probably only pay me $4,000. if I had a total loss. I've read about "agreed value" but really don't know anything about it. My independent agent's staff knows little about boats. My policy normally is written by Foremost. Anyone???? p.s. I carry the highest deductibles that I can on all of my insurance. I can afford to "self-insure" for smaller claims. I, also, have never had a claim other than a roof or two and/or a minor fender-bender, over nearly 60 years of owning "Stuff". [/QUOTE]
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MIrrocraft Deep Fisherman - Deeeep scratch repair
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