dutchie
Joined: 11 Apr 2013 Posts: 22
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Posted: Mon May 16, 2016 1:39 am Post subject: |
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Replacement cost ,
That means your getting a brand new boat at whatever today's cost is , most likely they will want 3 quotes , and then they will try to stick you with the lowest of the 3 , stand your ground and force them to pay for the same boat you had from the same builder , on a small note , inform them that Outlaw is coast guard approved and you want that from your builder
These things I know as I had replacement cost on my tomcat that got stolen a year ago last March , they will even so much as try to offer you a low cash payout , also on a side note check your policy , you should be covered up to $1500 for a rental boat if needed , and most times your covered for what was inside your boat
Sucks yours burnt ,but smart you had replacement cost , only way to go , watch your insurance company and if trouble get your broker involved to fight for you as he sold you the policy ,
Best of luck |
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