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Dave Hall

On Wed, 19 Dec 2007 23:54:48 GMT, wrote:

On Wed, 19 Dec 2007 18:33:49 -0500, Dave Hall wrote:

On Wed, 19 Dec 2007 23:03:55 GMT, wrote:

On Wed, 19 Dec 2007 16:52:56 GMT, Short Wave Sportfishing
wrote:

On Wed, 19 Dec 2007 05:16:54 -0800 (PST), Tim
wrote:

On Dec 19, 5:02 am, Short Wave Sportfishing
wrote:

I'll second that - although I think one can get carried away with
surveys on new boats under say 25 feet.

Agreed, Tom. When I was considering buying my 23 ft. cuddie, somebody
on here firmly suggested that I demand a survey and sea trial...

For a boat I was going to give less than $2000.000 for?

I can understand as you are mechanically inclined and have no small
knowledge of engines, transmissions and mechanical systems.

For the average schmuck, even at $2000, inspections can be very
important.

If you plan to have insurance, you'll need a recent (less than one year old)
survey. Without insurance you'll have a hard time finding a slip. If you are
planning on trailering, you can get away with not having insurance as long ass
you also don't have any assets to lose. Sale price of the boat is immaterial.
How much you might get sued for is a big consideration.

Wow, I have never had a boat surveyed and have never had any problem
getting insurance.

Sounds like a miracle! Around here (Connecticut) you probably couldn't rent a
slip anywhere without insurance. What was your covereage in case you dumped a
few gallons of fuel and oil in the harbor? Would it cover the fines and cleanup
which could easily run into the hundreds of thousands of dollars? Many
homeowners policies cover smaller boats for loss. Maybe that's what you are
talking about?

It is a specific policy from Progressive for my boat. I have another
specific policy on my jetski. Like I said, they paid a professional
marine salvage company to haul my boat out after it was washed about
60 miles or so down the Ohio river over 4 dams. When it went down
river it had a full tank of gas, the engine had oil in it and the
outdrive had a full load of gear lube. I rapeled down a godforsaken
riverbank to view the boat before it was hauled back into the river
and from what I could see I doubt that any of these fluids remained
intact. The insurnace adjuster said that the salvage company would
take the needed actions to meet environmental requirements to get the
boat out. I never paid a cent nor heard anything from anybody about
the boat so all I can say is I was satisfied. No surveys were asked
for or required. In fact I can't think of any way that I could have
sent them one as I never saw an agent.

Of course my boats are more along the line above
(one was worth about $4,000, another about $6,000. Both were 19 ft
cuddys). One boat was totaled in Ivan less than a couple months after
buying it and the insurance company didn't bat an eye paying for it.
Of course I think they paid more to have the damn thing drug out of
the woods along a desolate part of the river bank and hauled out of
the river to a junk yard than they paid me for the boat ;-)

Dave Hall