Insurance Question
09-27-2002, 01:51 PM
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Insurance Question
Are there Gap insurance policies available for boats? I have a policy on my bike that covers the difference between the "actual cash value" that the blue books show and the difference on the loan. It was pretty cheap, just a few hundred bucks one time deal.
The difference between what I owe on my boat and what the books are saying it is worth is getting to be a fair amount. Wondered if this might be a cheaper alternative to an "agreed value" policy?
The difference between what I owe on my boat and what the books are saying it is worth is getting to be a fair amount. Wondered if this might be a cheaper alternative to an "agreed value" policy?
