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Search took 0.00 seconds. Search: Posts Made By: lancelot9898
Forum: Dollars & Cents 05-04-2011, 07:45
Replies: 19
Views: 22,310
Posted By lancelot9898
Re: Boat Insurance: Agreed Value vs Actual Cash Value Policies

Maine, who are you insured with? I just looked at my policy and it's an actual cash value policy with Markel. Not sure it they offer the agreed value policy, but that seems like the way to go since...
Forum: Dollars & Cents 05-04-2011, 07:17
Replies: 19
Views: 22,310
Posted By lancelot9898
Re: Boat Insurance: Agreed Value vs Actual Cash Value Policies

That doesn't surprise me about insurance claims.
Forum: Dollars & Cents 05-04-2011, 03:39
Replies: 19
Views: 22,310
Posted By lancelot9898
Re: Boat Insurance: Agreed Value vs Actual Cash Value Policies

Seems like you could accept 49K for the "repairs" and retain title to the boat.
Forum: Dollars & Cents 04-04-2011, 09:59
Replies: 19
Views: 22,310
Posted By lancelot9898
Re: Boat Insurance: Agreed Value vs Actual Cash Value Policies

Seem like if your boat has a buc book price then that should be what you get at settlement for a total loss. Not sure I see the difference. I suppose there might be some haggling about what...
Forum: Dollars & Cents 30-03-2011, 08:33
Replies: 19
Views: 22,310
Posted By lancelot9898
Re: Boat Insurance: Agreed Value vs Actual Cash Value Policies

So if the insurance policy states that the hull coverage is for an actual cash value of say 200K.....that is not really the number that I would expect to receive for total loss, but something else...
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