Quote:
Originally Posted by Bay Pelican
The advice to read your boat policy is a good. I suggest you check around the internet for articles and postings on what to look for in a policy before you read it. There are things such as replacement value, actual cash value, hidden defects, consequences of mechanical breakdown, racing and on and on which have a real effect on whether you will be covered in a situation. If you have a list of what to look for you will be able to spot your policy's provision. It is best to know these before you have the claim.
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Although I've read and reviewed 100's of policies in my life, we also have others read the policy. We have a lost control professional in our businesses who handles all our business insurance and also our personal for us (yes our business does charge us for that) and she does and our attorney does.