KellysEye
Well-Known Member
>You could insure it for a million pounds, but in the event of a total loss, they won't pay out more than the "market value" of the boat.
It depends on the terms of your insurance. Pantaenius for example agree a value with you when you take a policy out and pay that at any time in future. Other companies may not. That's why it's worth checking policy details and not just going for the cheapest price
It depends on the terms of your insurance. Pantaenius for example agree a value with you when you take a policy out and pay that at any time in future. Other companies may not. That's why it's worth checking policy details and not just going for the cheapest price