The Aviva quote for the quote above - 528.00
deductible - 250 (hint - your deductible should actually be a the amount you can comfortably afford - be it 250 or 2500 - it makes a difference to the insurance company - so ASK, because it makes a difference to your premium - I will actually be raising this)
coverage on boat - 14k
protection and indemnity - 2 m
under insured / uninsured boater 1 m
water skiing sub-limit - 1 m
medical payments - 5 k
reimbursement of emergency expenses - 1 k
personal effect - 2k
electronics - included in the 14 k
.
premium is the same for a value of up to 30 k. After that a pro rata charge will apply
With the exception of very new boat where you can purchase a waiver on the depreciation policy for a short period of time, every policy is going to limit the coverage to current day value. What you want to see is coverage that includes "replace with similar" wording, and then you document the boat, your add-ons and take pictures Send them in to the insurance company, Then if something does happen, establishing like / similar is easy and the company has to provide something equal to the documentation.
You buy insurance direct, you are in a shark tank. The insurance companies are not in the business to provide you coverage and pay your claims. They are in it to make money. They are publicly traded for profit companies. If they reduce your payout in a claim, they positively impact profits. In the event of of claim, who is going to have more influence on what your microscopic premium will produce in the form a payment perspective - you, the individual who paid them less than a 1000 bucks, or a major brokerage who places several million dollars worth of insurance with them a year?