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Just checked - at $490k hull, premium would be $7,518.@Meconiates probably as expected for your hull value but you may want to reconsider your hull value, your call. I also suggest dropping it from 500 to 499 and see if that changes your quote, for me I did 399 vs 400. I'm not sure how it's tiered, worth asking for quotes.
My first year was in the 7's, now it's down to 5's.