So: I had to reread this a few 8 times but
if you have a 1989 boat..
and add 20 years = 2009
in 2010 you would get 90%
2011 = 80%
2012 = 70%
2013 = 60%
do the math
Looks like you might get 20% of what it's worth if older than an 1989.
Time to find a new insurance company that will pay agreed value.
Glad to see that you are "reading the policy" and paying attention.
The insurance industry thrives on the fact that most people either don't read or DO NOT understand what they are reading and profit on those who DO NOT.
Quality marine repair practice? Reasonable costs? Less deprecation? Who decides this?
Some half ass kissing adjuster? I will love to see what posts are to follow on this subject.
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