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<blockquote data-quote="1850reata" data-source="post: 266553" data-attributes="member: 1599"><p>Problem with the insurance industry is most agents try to sell CHEAP to avoid questions from customers avoiding sticker shock which can lead to lesser policy forms that will lead to higher out of pocket expenses for the insured when wanting to replace not fix with like kind or quality. Depending on age of motor/boat a cash value option may be the best a guy can get though too. Cars and boats are almost always like kind and quality unlike a building where you can get replacement cost. The new car replacement crap you hear on tv commercials is usually limited to 12 or 24 months of new purchase before it changes to cash value unless you can buy agreed value. No matter what always remember insurance is for catastrophic coverage and you will rarely be made whole after a loss because there are so many hidden costs involved when it comes to a loss like not being able to fish outta your boat while in the shop!</p></blockquote><p></p>

[QUOTE="1850reata, post: 266553, member: 1599"] Problem with the insurance industry is most agents try to sell CHEAP to avoid questions from customers avoiding sticker shock which can lead to lesser policy forms that will lead to higher out of pocket expenses for the insured when wanting to replace not fix with like kind or quality. Depending on age of motor/boat a cash value option may be the best a guy can get though too. Cars and boats are almost always like kind and quality unlike a building where you can get replacement cost. The new car replacement crap you hear on tv commercials is usually limited to 12 or 24 months of new purchase before it changes to cash value unless you can buy agreed value. No matter what always remember insurance is for catastrophic coverage and you will rarely be made whole after a loss because there are so many hidden costs involved when it comes to a loss like not being able to fish outta your boat while in the shop! [/QUOTE]

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