Stolen engine

[codprawn]

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!!!

[9D280]

Originally Posted by PJC

the feckers cut all the steering and electrical connections in the process

On the plus side, they didn't cut the transom........ I hope.

[TangoTango]

Originally Posted by codprawn

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!!!

Agreed value insurance?

[codprawn]

Originally Posted by TangoTango

Agreed value insurance?

Apparently that only covers total loss of the whole boat and engine - if just the engine is nicked the stupid valuations apply!!!