A ton of really good input on this topic. I sincerely appreciate and value all of it, as well as everyone on this list very much. Thank you!
Best regards, Brian On Tue, Jun 28, 2022 at 10:35 AM Matthew via CnC-List <cnc-list@cnc-list.com> wrote: > IMHO, even though used boat values are currently low, the agreed upon > value should be sufficient to replace the mast and related incidentals > (boom, shrouds, any deck/hull damage) so the boat isn’t totaled in the > event of a dismasting. Although my boat’s in good condition with numerous > upgrades, I don’t think I could get $50K for her. Indeed, I paid less than > that 10 years ago. > > > > *From:* Brian Davis via CnC-List <cnc-list@cnc-list.com> > *Sent:* Tuesday, June 28, 2022 10:28 AM > *To:* Stus-List <cnc-list@cnc-list.com> > *Cc:* Brian Davis <brianwdavis...@gmail.com> > *Subject:* Stus-List Re: Insurance... what is to much? > > > > I was unaware of this. Really appreciate it. > > > > On Tue, Jun 28, 2022 at 9:25 AM Matthew via CnC-List < > cnc-list@cnc-list.com> wrote: > > Aside from premium increases, the problem with Geico policies – as this > list exposed – is the annual reduction of part replacement cost for older > boats until you hit the 20% floor. As I understand the issue, if I lose my > mast and the replacement is, say $30K, Geico will pay $6K. That is totally > unacceptable. > > -- Brian Davis Brian W Davis Inc (954) 892-1128
