mnm99
Well-Known Member
I had a claim last week and they depreciated my transmission 75%. The boat is a 2004 with 500 hrs. I ended up getting $950 for a $3800 transmission! I was told from the Survey guy that the life of a ZF-63 IV transmission is 20 years. The boat is 17 years old he said. The insurance company said the first 10 years are considered new with 100% replacement then goes down from there. So thats 7 years of depreciation. I spoke to 3 transmission places and he said they can last a lot longer then 20 years. When the adjuster told me what it was she told me he said this. I guess whatever the survey guy says goes! I called the office and they are calling me back. I think I should at least get 50%. Well see. If not I guess I only have a couple years left on my other tranny. Yea right...
Last edited: