PeterInSA
09-11-2009, 03:43 PM
My 16ft 1/2 Cabin boat and trailer are early 80's with Blue Band 85HP Merc and Blue Band 4 Hp Merc. Have probably used the boat 50 times during its life and it looks like new having been under cover when not in use. The trailer even thou been under cover and washed with tap water after a dip in the sea does not look new but no signs of rust excelt for axle.
Have no problem with the Insurance Co. re insured it 4 years ago after 15 or so years not insured. Son thinks I should get the boat/trailer/motors assessed because if its stolen insurance may not pay the $6,500 that I have it covered for. (Have not insured the Fish Finder GPS paid $2500).
The insurance company have not asked for a check, the Outboard service agent agrees the boat is worth more, but I am happy with $6,500. he suggested if I am happy with the insured figure leave things as they are.
Your Thoughts
Peter
Have no problem with the Insurance Co. re insured it 4 years ago after 15 or so years not insured. Son thinks I should get the boat/trailer/motors assessed because if its stolen insurance may not pay the $6,500 that I have it covered for. (Have not insured the Fish Finder GPS paid $2500).
The insurance company have not asked for a check, the Outboard service agent agrees the boat is worth more, but I am happy with $6,500. he suggested if I am happy with the insured figure leave things as they are.
Your Thoughts
Peter