Originally Posted by captnjack
You want an agreed value yacht policy
Not a depreciating value boat policy.
Boats US offered me both types of policies at $20,000. The Cash Value (depreciating) was $306 while the Agree Hull Value was $346. They claimed that this was the most a 1993 hull could be insured at. I even had them check with the higher ups and call me back. They said that they use a "variety of databases" one of which was buc.com. I went onto buc.com and tried to get a value for either an i/o H733 & Willard 730...both weren't in their database. So, I don't know where Boats US was getting their numbers from. As most of us are aware, most Willards sell on here for $28K-$35 depending on the quality of restoration and accessories. Some rarer models, have gone for much higher.
Progressive gave me a quote for a $30K value and so did Foremost...Foremost was >$200 cheaper.