Boat Insurance

[thinkxingu]

I would gladly pay more to get "new" replacement cost over current cost.

[Greene's Basin Girl]

Originally Posted by thinkxingu

I would gladly pay more to get "new" replacement cost over current cost.

Twice as much is a big difference.

[thinkxingu]

Originally Posted by Greene's Basin Girl

Twice as much is a big difference.

I guess it depends on the cost and replacement value vs. depreciation, etc. We have had cars totaled in the family that the insurance money for couldn't replace, I.e. the book value of the vehicle was much less than the vehicle was actually worth in terms of transportation.