empty hooks funny you should say that about agreed value and true value at a claim.
Who is the insurance company to say your boat is not worth that amount? We can all go on boatsales and say, oh hey there is another stacer 560 for $18k, thats all yours is worth? Bull crap, each boat owner to themself know there boat has added value.
like new electrical, lighting, baitboard, gps/sounders, steering,batteries, hatches, carpeting, engine, new canopy, boat covers????
These things do depreciate - sure, but i can look on boat sales, get the same boat as mine for $18-$20k with some solid negotiating, but i can guarantee, it will not come close to how modified my boat is to suit fishing / day out on the water.
Thats what i ahte most, cars yeah fair enough, but boats, i am upto my second boat, and i tell you know after the $$$$ i spent to get my rig to how i want it, in the future if someone has done what i have to my boat, i will be more then happy to pay them a bit extra $$$ as i know DIY with new parts can cost thousands.
PS - not having a go at you, but we can all hide behind a PDS that they know not many people will read but most importantly, UNDERSTAND it.