Re: Boat fire seaport inlet marina
A few things(I do insurance for a living) I wanted to comment on fromreading this thread:
1: It doesn't matter how the fire started as long as you didn't start it. You should have your claim processed asap
2: On a stated limit policy, they will pay the stated limit or the repair, whichever is LESS
3: someone correctly pointed out that salvage is part of not in addition to your stated limit.
4: building on #3, you should consider filing 3 claims. A: your boat policy B: The marina's Liability policy C: Your Homeowner's policy.
I'd file A and B immediately. Wait on C until A&B clear a little. The marina's liability policy is important in case there is any out of pocket that you can't recover due things lost in the fire that insurance didn't cover. Your homeowners may cover your personal effects(clothing and fishing gear) since the boat was not in the water(read your policy to confirm).
I don't do personal lines insurance but insurance is insurance is insurance. If anyone needs help understanding terms in their policy, shoot me a pm.
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