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Thread: Insurance

  1. #1
    Join Date
    Mar 2021
    Posts
    23

    Default Insurance

    My insurance renews this week and as I was glancing over the policy it struck me that the insured value of the boat was much below what current market prices are.

    Has anyone else looked at this and increased the insured value of their boat to reflect what it would cost to replace in today’s market?


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    2008 Supra Launch 21V

    --2011 Z71 Suburban
    --2020 Z71 Suburban

    Weatherford TEXAS

  2. #2
    Join Date
    Jan 2019
    Location
    Lake Tahoe - 6200 feet elevation
    Posts
    160

    Default

    Yup. I just called them and told them I wanted it now to be covered at "X" price and they'll just charge you more. I was sort of expecting them to question me or want some type of proof it cost's that much but they didnt care at all. Im with Progressive...

  3. #3
    Join Date
    Jan 2021
    Location
    Columbus, Ohio
    Posts
    1,253

    Default

    I have mine set for a value also. Better than gap insurance. The more you pay the payment the more money I have for a down payment on the replacement.
    2015 Moomba Mojo Surf Edition
    4,000lbs
    Manual Flow

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