ANWB, the Dutch touring club, insures boats without asking for a survey. A valuation is optional, and it's what fixes the payout.
The valuation
ANWB's page on day value explains the choice. Without a valuation, a theft or total loss is valued at what that type of boat is worth on the market, and the owner may get less than expected. With a valuation, the value is fixed: ANWB's boat insurance with taxatie gives a fixed value for five years. The same page notes that other insurers often fix it for three.
Purchase value guarantee
On ANWB's extended hull cover, WA + Uitgebreid Casco, the full purchase value is paid in the first three years after purchase, and ANWB lists no new-for-old deduction. The purchase date has to be shown with the invoice.
Other conditions
- Excess. None if the boat's insured value is under EUR 50,000.
- Storage. The boat must be stored on an enclosed site with permanent supervision, the owner living on the same site.
- Rental. A boat used even partly for rental can't be insured.
- Living aboard. Living on the boat permanently can't be insured.
For the surveyor
A Dutch owner who orders a valuation is buying five years of certainty on the payout. Make the report easy to rely on: the date, the boat's identity and the value with its basis. Axsail puts the valuation, with comparables, in the report and freezes it when you finalise.