I just got an unwelcome surprise by my insurance company today.
Im a long time Arima owner and have been on the old forum in the past.
I switched to Pemco for my boat years ago. They were always a good company for Homeowners and Car. I insured my 2005 SR HT 19 with them in 2006. I was insured at an "agreed value" which has stayed the same until today. They said it wouldnt change in the past but now Im told Im only insured for a value of $ 14,000.00. Based on what Ive seen on the market with comparables I could most like sell the boat for $ 30 - $ 40K as its low hours Honda 90 and Honda 7.5, new steering, full custom camperback, like new EZ Loader with folding tongue. I just saw a 2003 SR Rag top with similar setup for $ 29K.
Pemco says to insure for 30-40k I need a marine survey. Several years ago I tried to get one done but no marine surveyor would survey small boats. Pemco wont budge on this. I went to Pemco because my previous Insurer did the same thing to me. Its a scam and they know it.
Im in the Bellingham area. Does anyone know of a marine surveyor that would survey small boats?? $ 14K is a ridiculous appraisal by Pemco.