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post #2 of Old 02-05-2004
Bermuda
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HELP!!! Boat Down!!!

If you have an agreed hull value, just take the check. In fact if this is the way your policy is set up and you dont have a repair cost option the insurance company will probably not want to attemt a repair and will sell it to a salvor.

IMHO, this boat will never be worth what you paid for it no matter how well the repairs and replacements go.

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