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Old 09-08-2003, 03:26 PM
FELLOW-SHIP FELLOW-SHIP is offline
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Join Date: Feb 2002
Location: Cooper City, Fl
Posts: 1,798
Default Re: Surveoyer/insurance

I sell insurance for a living most insurance companies want a survey on boats over 10 yrs old I had a survey done in Broward about 2 yrs ago they appraised the boat for $38 I had put $32 in it. I ended up insuring the boat through Nationwide (my son works for them) was cheep and a good policy. Most boats like cars are insured for actual cash value less depreciation. There are a few companies that sell their policies for stated value but will cost you a lot. I also bought a $169.95 locking device that goes through the wheel and is very thick, you can’t remove it with out a key or a cutting torch. Sorry about your friend’s boat it seems that they like those new boats I hope they think my old 77 SeaCraft is to old to mess with.
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