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ishoot308 · 09-02-2008, 02:01 PM

momof3;

Here's what progressive says...

Total Loss Replacement coverage is available for new boats up to one model year old. If a total loss occurs, this coverage replaces the current boat with a new boat that is, to the greatest extent possible, the same make and model and that contains comparable equipment. If such a boat is not available, a comparative boat that is five model years old or less will be substituted.

For boats more than five model years old, the Rating Base is paid, which must be increased if additional equipment that increases the boat's value is attached by the policyholder.

This coverage requires a sales receipt to determine the Rating Base.

Total Loss Replacement coverage is not available for personal watercraft.

09-02-2008, 02:01 PM	#6
ishoot308 Senior Member Join Date: Feb 2008 Location: Gilford, NH / Welch Island Posts: 6,375 Thanks: 2,427 Thanked 5,360 Times in 2,097 Posts	Re: Progressive momof3; Here's what progressive says... Total Loss Replacement coverage is available for new boats up to one model year old. If a total loss occurs, this coverage replaces the current boat with a new boat that is, to the greatest extent possible, the same make and model and that contains comparable equipment. If such a boat is not available, a comparative boat that is five model years old or less will be substituted. For boats more than five model years old, the Rating Base is paid, which must be increased if additional equipment that increases the boat's value is attached by the policyholder. This coverage requires a sales receipt to determine the Rating Base. Total Loss Replacement coverage is not available for personal watercraft.