Actual cash value is the amount equal to the replacement cost minus depreciation of a damaged or stolen property at the time of the loss. it is the actual value for which the property could be sold, which is always less than what it would cost to replace it.

A boat with a V-shaped hull and low freeboard used for freshwater fishing.

The extreme width of a vessel.

A small vessel propelled by oars, paddle, sails, or motor for traveling, transporting goods, or other purpose.

A lightweight narrow boat with pointed ends.

A sailboat with a single mast and a single sail.

A sailboat consisting of two equal sized parallel hulls, a mast and a sail. The twin hulls are connected by a single deck.

A boat with the helm on a console in the center.

Price Digests uses condition terms to signify physical wear and damage to vehicles and equipment. Valuations default to a Good condition unless manually adjusted by a user. These conditions can vary the value significantly. The five condition levels available in the Price Digests application are: Excellent (Adds 10-15%): New Condition with no evidence of wear. […]

A boat with a cabin in the bow for overnight stay.

A sloop with a third sail between the mainsail and headsail.

A small cruiser with no cabin for overnight stay.

Deck boats have wide decks with fast, maneuverable hulls that look and perform like bow riders.

A small inflatable boat, usually made of rubber.

The weight of water displaced by a rigged vessel.

A machine with moving parts that converts power into motion.  Size stated in liters. Further engine characteristics are identified using the following characters. Code Description T Turbo D Diesel R Rotary S Supercharged F Flex Fuel C Compressed Natural Gas H Hybrid Examples Last Number Number of Cylinders 2.0-4 2.0 liter displacement, 4 cylinder engine. […]

The horsepower of an inboard engine. Listed only if the engine is standard equipment and included in the basic MSRP.

A federal or state imposed on the manufacture and distribution of certain non-essential consumer goods.

A reinforced plastic material composed of glass fibers embedded in a resin matrix.

A bowrider specialized for fishing and skiing.

Also referred to as V-hull houseboats, these houseboats are built for rougher waters.

High range for what a dealer would pay for a good clean unit when accepting a trade towards a unit of greater value.

The type of material used in the construction process of building the hull of a hull-style boat. Typically composed of: -Aluminum (A) -Steel (S) -Fiberglas (F)

The term “inboard” means the boat’s engine is seated within the hull of the boat and the propeller extends out the bottom, typically between the stern and midships.

A boat with sides that are inflatable tubes.

A type of canoe where passengers sit on the bottom of the boat.

A sailboat with 2 masts and a shorter mizzen mast ahead of the rudder post.

A sailboat with a single triangular sail that runs in a fore and aft direction.

Generally what a consumer or dealer would pay for a unit that is worn and faded and will need cosmetic and mechanical reconditioning. One can always dispose of a unit at that price level providing it is in good clean condition.

Manufacturer’s suggested retail price for assembled vehicle/vessel (no kits) with standard equipment. For boats, this price includes basic working sails unless otherwise noted.

A small or medium-sized engine with a propeller that can be mounted outside the stern of a boat.

An outboard motor is a propulsion system for boats, consisting of a self-contained unit that includes engine, gearbox, and propeller or jet drive, designed to be affixed to the outside of the transom.

A flat-bottomed boat or hollow metal cylinder used with others to support a temporary bridge or floating landing stage.

A boat with 2 aluminum tubes that support a deck.

A houseboat that is supported by 2 aluminum tubes.

The type of material used in the construction process of building a pontoon boat. Typically composed of: -Aluminum (A) -Steel (S) -Fiberglass (F)

A user-defined value that adds value over the current retail value, such as an advertised selling price.

A small powerboat used for racing.

A guide to the probable amount a standard “as advertised” model will bring on the open market. Sold as a single unit by a dealer usually engaged in the truck business to a purchaser willing and able to buy, assuming the sale is an “arm’s length” transaction and neither party is under duress to buy […]

A small powerboat for multipurpose use, such as fishing, cruising, or watersports.

The standard recommended working sail area. Does not pertain to the variously available oversize or undersize sails.

A boat usually propelled by sail.

A sailboat with 2 or more masts, where the foremast and mainmast are the same height or the mainmast is taller.

A boat designed for watersports that produces higher wakes.

A sailboat with 2 sails and 1 mast.

A cruiser with a single deck above the hull and cabin below. Also known as an express cruiser, these boats can go at high speeds.

An offshore fishing boat capable of high speeds.

A runabout capable of higher speeds than a traditional runabout.

A stern drive or inboard/outboard drive (I/O) is a form of marine propulsion. The engine is located inboard just forward of the transom (stern) and provides power to the drive unit (outdrive) located outside the hull.

A user-defined value that deducts value from retail at the time of trade-in before reconditioning and/or repairs, or any necessary activity to present a truck for retail resell.

Trawling is a type of fishing that uses a net. A trawler is a boat specifically made for trawling.

A pontoon configured with 3 aluminum tubes.

A boat used for fishing or as a work boat.

A probable amount a vehicle would bring without the retail dealer markup of a unit as is and where is.

A medium to large recreational boat used for cruising or racing.

A sailboat with 2 masts and a shorter mizzen mast aft of the rudder post.