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Forum: Dollars & Cents

05-04-2011, 07:51

Replies: 19

Boat Insurance: Agreed Value vs Actual Cash Value Policies

Views: 22,312

Posted By Maine Sail

Re: Boat Insurance: Agreed Value vs Actual Cash Value Policies

We are now with Amica.. Been with Boat US, ACE/INAMAR, Acadia and others over the years and all have been excellent with the exception of ACE who increased our policy price when our boat was hit by...

Forum: Dollars & Cents

05-04-2011, 07:35

Replies: 19

Boat Insurance: Agreed Value vs Actual Cash Value Policies

Views: 22,312

Posted By Maine Sail

Re: Boat Insurance: Agreed Value vs Actual Cash Value Policies

Totally true and it is very expensive... But for the average coastal cruiser there are many options.

Forum: Dollars & Cents

05-04-2011, 07:18

Replies: 19

Boat Insurance: Agreed Value vs Actual Cash Value Policies

Views: 22,312

Posted By Maine Sail

Re: Boat Insurance: Agreed Value vs Actual Cash Value Policies

Not quite true. Our boat is insured for an agreed value policy at 21k more than we paid for it. With each upgrade, or set of upgrades, we have re-established value and the insurance company has upped...

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