I’m with you; I checked my policy earlier today and found that same verbiage. Maybe it’s time to get in touch with BoatUS to express our total and complete disgust.
— Fred Fred Street -- Minneapolis S/V Oceanis (1979 C&C Landfall 38) -- on the hard in Bayfield, WI :^( > On Feb 9, 2018, at 1:04 PM, Bruce Whitmore via CnC-List > <cnc-list@cnc-list.com> wrote: > > I agree with Joel. > > The Agreed Value says that everyone's agreed as to the payment in the event > of a total loss. > > I'm looking at the declarations page from Boat U.S. right now, and it says > nothing about depreciation in the case of repairs (for less than a total > loss). That is buried down in the policy language itself on Page 4 of 13 > under "(2) Repair for Partial Loss" > > I'm just plain offended... > > Bruce Whitmore > > (847) 404-5092 (mobile) > bwhitm...@sbcglobal.net <mailto:bwhitm...@sbcglobal.net> >
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