Boat Insurance

Chris - the real question is, is it "actual cash value" or "agreed value"? Limits don't matter much if it is "actual cash value" - you get the Blue Book, and you will be shocked at how little that turns out to be...
Luna C":1zbcaaae said:
I have PEMCO for my coverage. 45,000 value (boat, motor, & trailer), 300,000 Liability, 500 emergency with a $250 deductible. The premium is 286/year. I have credits of 67 for having home & auto, newer hull - 20, claim free 67, and ship to shore radio for another 20. All of this = $286. 45,000 may be low, but the rest sounds like a pretty good deal. Comments?

This is for the 2004 CD22 "Luna C" with electronics.
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It is agreed value. I can raise it if I choose, with addition of electronics.
 
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