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Old 05-25-2023, 11:23 AM   #4
PMF1984
Guru
 
City: Marion, Massachusetts
Vessel Name: Wanderer
Vessel Model: Pilgrim 40
Join Date: Sep 2016
Posts: 624
So to put some numbers —. the boat was insured for 125. The value at the time of the survey was 157. But the insurance company would not give me cover for more than 125.

The salvage value, according to the insurance company, is 10-20, and insurance company is offering up 15 for an agreed value.
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