That is not how my Progressive policy reads according to the agent.  I 
specifically reviewed with her what happens if I’m dismasted and a replacement 
mast costs $30K.  I have an agreed upon value of $50K on the boat.  According 
to the agent, the mast will be replaced (minus the deductible, of course).

 

I guess I better look again.

 

 

On Fri, Sep 24, 2021 at 10:23 AM rockland bazemore via CnC-List 
<cnc-list@cnc-list.com <mailto:cnc-list@cnc-list.com> > wrote:

Just looked into it and Progressive is only liability coverage for boats over 
20 years old. If your boat gets struck by lighting or sinks you get $0. Guess 
I'll stick with Geico. I got struck by lightning last year and they fixed 
everything. Yes it is expensive.  Correct me if I'm wrong.

Rocky

 

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