Boat US/Geico agreed value for my '87 18' SF with 2013 90 Etec of $7500 boat and $1200 trailer. Insurance is $297 per year with a $500 deductible.
Ed is right on the depreciation EXCEPT if you can demonstrate or prove an appreciating value, in which case they simply waive the depreciation, but do not give you any consideration for an increase in value.
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Common Sense is learning from your mistakes. Wisdom is learning from the other guy's mistakes.
Fr. Frank says:
Jesus liked fishing, too. He even walked on water to get to the boat!
Currently without a SeaCraft 
(2) Pompano 12' fishing kayaks
'73 Cobia 18' prototype "Casting Skiff", 70hp Mercury
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