Cost Of Replacing A Dock (Insurance Coverage)

[DChance]

What would be a good amount to be sure we had a dock insured for in case of replacement? I got quoted at $15k for dock coverage, is that about accurate?

[Dutch]

Have you checked to see what a new one would cost? How many slips does it have?

[DChance]

Covered with one slip...no lift just a standard dock with a roof. I was told by one person $20000 to build new.

[MOPanfisher]

I doubt you could get a covered, slip dock, metal frame, completely replaced for 15k. Quickest way to find out is to contact one of the dock builders on the lake you are interested in and ask them a ballpark figure. Several things will impact the final cost. If you have to replace the anchors and anchor arms as well, plus cost of removal of the old destroyed dock, electric installation will add to cost, as will concrete decking. have seen lots of folks pay more than they intended to by the time they were done with a replacement.

[Dutch]

I doubt you could get a covered, slip dock, metal frame, completely replaced for 15k. Quickest way to find out is to contact one of the dock builders on the lake you are interested in and ask them a ballpark figure. Several things will impact the final cost. If you have to replace the anchors and anchor arms as well, plus cost of removal of the old destroyed dock, electric installation will add to cost, as will concrete decking. have seen lots of folks pay more than they intended to by the time they were done with a replacement.

Sir it is on your lake that he is discussing. Can you give him the name of any dock builders around Pomme de Terre where he could make inquiries?

[MOPanfisher]

I have sent DChhance a couple of names to contact for replacement cost iformation. I apologize for not putting it out for everyone, but to be fair I would have had to list them all. But for his needs the two I sent him will give him a good reasonable price for his needs.

[DChance]

Thanks guys.....MOPanfisher got a hold of me and thanks. I am kind of torn, as I was quoted a new dock would be $20K so I know $15K won't build a new one, but it would easily cover repairs that would ever be needed. The only time I would need the full $20K is in an instance of total replacement. May have to get quoted to up my coverage.