Insurance for a DE 45 General Forum Forums

Hi there Down-Easters.

Last week I had an insurance survey on my Down East 45, with a view to getting it insured to go cruising, after a four year refit.

The surveyor came up with a “market value” of only $75,000, which he admitted was pretty much a guess, because he could not find any other DE 45’s sold since 2011, in order to make a comparison.

However, it is now making it difficult for me to find an insurance which will give me a replacement value above this $75,000 figure. I want something like $120,000, which is what I would want to sell her for.

Could anyone please let me know, privately if you like, if you have sold, or bought a DE45 recently, and what price. Write to hughes_roger@hotmail.com

If I can show an increased comparison the surveyor will amend the value.

The website for the boat is http://www.schooner-britannia.com

Thanks in advance. ROGER.