The one design insurance program is an "agreed upon" value replacement. No depreciation, what you agree the value is, is what they pay, now or 5 yrs down the road. Ive heard that there is no argueing, they pay without alot of fuss. They cover racing, trailering, and everything else. for an additional 100$ a year you can get charter coverage for your boat. Pretty simlar cost to what I was paying for State Farm ~$210 for my 2004 F18 for state far,. $230 for USSailing plus 100 for charter.
No, I dont have a vested interest in this program, just though you may want to know.