Insurance providers?

[Ed]

I use Boat US/Geico. Agreed upon value at around $80k for my 27 Seacraft with new Hondas...which is the most I could get. Here is the kicker, some agreed upon value policies (Geico is one) still depreciate the cost of repairs. The only time you get the full value is if the boat is a total loss. On the flip side, if you slam your boat into the dock and it needs $8k in repairs, you will get the $8k minus depreciation. I believe this is a fairly new policy adjustment but I could be wrong