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post #29 of Old 02-19-2013
BentSailor
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Re: Womboat Takes a Strike.

Never having had to insure a large boat before, what is the usual approach to depreciation? I know as an asset, in regards to tax, the value of a boat depreciates quite rapidly but this wouldn't make sense in regards to insurance (to me).

Fingers crossed the insurance guys aren't going to be too much of a pain about this.
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