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sa meredith · 09-02-2008, 03:00 PM

[QUOTE=ishoot308;80635]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.

Momof3...
Perhaps this the case with you? Have you owned the boat since new? Maybe you had replacement value, and now after a few years, they will no longer offer replacement to you? Just a guess.
I let my company know I routinely like to blast thru the Witches at 40, so they are dropping me.
Just a bit of humor on a sunny Tuesday, stuck in the office.

09-02-2008, 03:00 PM	#8
sa meredith Senior Member Join Date: Jun 2007 Posts: 986 Blog Entries: 1 Thanks: 32 Thanked 352 Times in 137 Posts	new boat? [QUOTE=ishoot308;80635]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. Momof3... Perhaps this the case with you? Have you owned the boat since new? Maybe you had replacement value, and now after a few years, they will no longer offer replacement to you? Just a guess. I let my company know I routinely like to blast thru the Witches at 40, so they are dropping me. Just a bit of humor on a sunny Tuesday, stuck in the office.