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Alan Gomes

wrote:
snip
Hull compression, blown out bulkheads, removing the interior,
ect..ect..ect is totaled IMO at 140K. If the insurance knows he want
to keep the boat then he will deal with 30+ salvage, yard fees,
transport, temp living, supplies, surveys,re-insuring,
ect..ect...ect....then the insurance is going to say the boat is worth
50-80K as-is leaving Skip a total of not much to work with. If he
walks with 100K he could find a nice replacement and avoid lots of
grief.

And most likely the insurance company will sell the boat on ebay for
next to nothing here in a few mo's.

Joe

Assuming they do repair the boat I wonder if they will experience any
difficulties getting insurance the second time around--more so than if
they just obtained a different boat that had not been subjected to a
grounding? Just wondering....

--Alan Gomes