Quote:
Originally Posted by keakar
so what are the main major differences in coverage between boats and cars?
Claims paid in autos are only actual cash value (acv), your boat policy is an acv policy (depreciated). Some boat policies are agreed value (what you paid is what you get for total loss).
most people wrongly assume that whatever rules and restrictions that apply to their car also applies to their boat as well.
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You should send this thread to your agent and let him dissect it for you, I am sure y'all can get it sorted out quick,fast and in a hurry.
Your perception regarding UM/UMPD is common so don't take my post as brow beating you. If an agent can't explain what he sells he shouldn't be in business.
Ask him if you have towing both on the water and highway with no deductible, pollution coverage, personal effects, $25,000 med pay, tournament liability, vanishing deductible and agreed value?