Speak to a supervisor. There should be no depreciation for those parts. On Sun, Nov 10, 2019 at 2:37 PM Danny Haughey via CnC-List < cnc-list@cnc-list.com> wrote:
> Geico marine insurance is depreciating my anchor roller, blow pulpit and > stanchions by 80% because they say those parts are from 1985... > > > > Thanks, > Danny > > -------- Original message -------- > From: ALAN BERGEN via CnC-List <cnc-list@cnc-list.com> > Date: 11/10/19 5:27 PM (GMT-05:00) > To: C&C <cnc-list@cnc-list.com> > Cc: ALAN BERGEN <trya...@alumni.usc.edu> > Subject: Re: Stus-List Boat insurance...reimbursement vs. depreciated > coverage... > > I have Geico Insurance through BoatUS. Agreed value is agreed value. They > only depreciate items that are depreciable, like sails or the engine. A > couple of years ago, my boom cracked after getting hung up on a crab pot. > Geico paid the full cost of replacing the boom - parts and labor, with no > depreciation. I suspect your new insurance company's policy does the same > thing. > > Alan Bergen > 35 Mk III Thirsty > Rose City YC > Portland, OR > > On Sun, Nov 10, 2019 at 1:39 PM David Risch via CnC-List < > cnc-list@cnc-list.com> wrote: > >> I may be repeating myself here, but it bears repeating. Check your boat >> coverage. BoatIUS had reimbursement coverage before they switched to GEICO >> as their carrier last year. Now it is depreciated value coverage. >> Reimbursement coverage pays for replacing damages up to the agreed value. >> Depreciated coverage drops to 20% over time to where most of our boats >> would only receive 20% of fixing damages! I switched coverage when I >> learned of this and I still pay the same premium. >> >> >> >> I bring this up because one of our brethren has been caught by this issue >> after a recent incident. If your broker cannot find a reimbursement >> carrier, let me know. I will provide the contact info of my guy. >> _______________________________________________ >> >> Thanks everyone for supporting this list with your contributions. Each >> and every one is greatly appreciated. If you want to support the list - >> use PayPal to send contribution -- >> https://urldefense.proofpoint.com/v2/url?u=https-3A__www.paypal.me_stumurray&d=DwICAg&c=clK7kQUTWtAVEOVIgvi0NU5BOUHhpN0H8p7CSfnc_gI&r=9w3G7Cf8YfQnrjmtuNxwDJYr3JMv9f1pAfgAJ9xXYQQ&m=k2Lt-SG6o9I03vcyylQHhk3NCZ4wYxvCecLDss6-pRQ&s=9rx_5cAXI0FUZ8v4mk3THOkZozwGMz4wlqzriOi9sak&e= >> >> > > ____________________________________________________________ > *How To Fix Aging Skin (Do This Every Day)* > Beverly Hills MD > > <https://urldefense.proofpoint.com/v2/url?u=http-3A__thirdpartyoffers.juno.com_TGL3142_5dc890e14ee6810e0552ast03duc&d=DwMGaQ&c=clK7kQUTWtAVEOVIgvi0NU5BOUHhpN0H8p7CSfnc_gI&r=9w3G7Cf8YfQnrjmtuNxwDJYr3JMv9f1pAfgAJ9xXYQQ&m=BFgtknZgpeUxRRpefyPNfrexTYluRyV_5NRQk-Fzt7s&s=UohjJ82Qdhw2gvJyLArQTwkkrYtrEfuweAezLAzQook&e=> > http://thirdpartyoffers.juno.com/TGL3142/5dc890e14ee6810e0552ast03duc > <https://urldefense.proofpoint.com/v2/url?u=http-3A__thirdpartyoffers.juno.com_TGL3142_5dc890e14ee6810e0552ast03duc&d=DwMGaQ&c=clK7kQUTWtAVEOVIgvi0NU5BOUHhpN0H8p7CSfnc_gI&r=9w3G7Cf8YfQnrjmtuNxwDJYr3JMv9f1pAfgAJ9xXYQQ&m=BFgtknZgpeUxRRpefyPNfrexTYluRyV_5NRQk-Fzt7s&s=UohjJ82Qdhw2gvJyLArQTwkkrYtrEfuweAezLAzQook&e=> > [image: SponsoredBy Content.Ad] > _______________________________________________ > > Thanks everyone for supporting this list with your contributions. Each > and every one is greatly appreciated. If you want to support the list - > use PayPal to send contribution -- > https://urldefense.proofpoint.com/v2/url?u=https-3A__www.paypal.me_stumurray&d=DwICAg&c=clK7kQUTWtAVEOVIgvi0NU5BOUHhpN0H8p7CSfnc_gI&r=9w3G7Cf8YfQnrjmtuNxwDJYr3JMv9f1pAfgAJ9xXYQQ&m=BFgtknZgpeUxRRpefyPNfrexTYluRyV_5NRQk-Fzt7s&s=XvJtBfvCktNzpxM7BUINzcc_jyN3WuKy9RvypPBOqKM&e= > >
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