You could very well be right (being in Canada) for the last 10 years, but let’s 
keep an eye on what the fine print says on renewal forms as a trend.


> On Feb 9, 2018, at 12:09 PM, Marek Dziedzic <> wrote:
> Isn’t one of the options the so called “agreed value” insurance? This is what 
> I am using for over 10 years (both for the previous boat and this one). This 
> way, the value does not depreciate over time. You agree on the value (in fact 
> you call it, but they adjust the premium) and that’s it. Any additional costs 
> (liability, salvage etc.) don’t depreciate, so it is not the issue.
> just my 2 (Canadian) cents
> Marek
> in Ottawa, ON
> From: John Christopher via CnC-List
> Sent: Friday, February 9, 2018 11:57
> To: Joel Aronson
> Cc: John Christopher ;
> Subject: Re: Stus-List Restarting Thread - Insurance: SHAME on Boat 
> U.S./Geico!
> Hi,
> Have been monitoring this thread from the Canadian north.
> A pattern to consider in relation to depreciation is, considering the 
> hurricanes, storms, frequency, numbers, and perhaps where people store their 
> boats for the winter (mainland or other).
> It comes to mind the insurers are also mitigating  their risk for the future. 
> As a result they have devised a method that supports paying out far less than 
> they do today due to the increased frequency of disasters.
> I don’t mean to stir the pot here, just an observation.
> /J

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