[LIforrelaxin]

Agreed value is most likely the best you are going to get. But beware know what you insurance carrier requires for proof of value. I know mine was set as when I bought my boat with the sales price, and in case of a claim I would need to produce the bill of sales. But some insurances as mentioned ask for survays etc...... I suppose in some respects it is probably also based on the value of the boat..... a small runabout like mine, there probably isn't enough variation in worth for the insurance company to worry about, unless it was a real junker when I bought it. But I suppose if you have a big cruiser, and depending on how it was equiped could greatly affect that agreed upon value.....I am not sure how long the insurance company will continue to insure me for the agreed upon value, I never really thought to ask, but I am sure sooner or later I will get something from them saying we need to re-evaluate the agreed value of the boat......