The difference between agreed value and ACV on a $500K yacht can cost you $125,000-$175,000 at claim time — and the premium savings from ACV is only $500-$1,200 per year. This guide breaks down agreed value vs. actual cash value with real dollar scenarios, covers 12 common exclusions that void Florida yacht claims, explains the ensuing loss clause that can save a $200K claim from denial, marine survey requirements and costs, the full claims process from first call to settlement, and the 8 most common reasons yacht insurance claims get denied in Florida.