Posts: 358
Location: Selkirk, Manitoba | Lots of financing advice here - do factor in the implications of the cost of boat / loan length and amount owed at various intervals in relation to insurance for the boat (replacement vs agreed/actual cash value). Obviously you will want to insure so that you cover the loan if it is totaled, or be able to manage the difference = do not pay more than it's worth. You will want to also insure any new electronics, trolling motors, etc at replacement cost (covered in same policy or home policy).
Edited by Angling Oracle 1/29/2023 12:48 PM
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