Originally Posted by Blackroady
All you can do is make sure your insurance is correct & you are 100% with what you can claim for.
Have you see the official prices of 2nd hand outboards? The amount the trade CLAIM they are worth is a joke. My Suzuki DT225 is prob officially worth £2000 if I am lucky - in practice I have older ones sell for £4k - £6k - they take no account of hours or what the market is really worth.
A classic example are newish small 2 strokes - they go for silly money now but I bet an insurance company will value them as worthless!!!