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bob bob is offline
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First recorded activity by BoatBanter: Mar 2011
Posts: 289
Default continuing saga of salvage

as a result of hurricane sandy, my bloat, which had been on blocks for
winter stoarge, floated off the blocks and was salvaged by seatow.
they wanted $150/ft for salvage.

i have a very old tollycraft 26' and, quite frankly, it's not worth
that amount of money. i called seatow and told them that in october.
haven't heard back.

my wife, who's an attorney, and i looked up the rules of
salvage...apparently 'blackwall rules' limit the value of salvage
claims to about 10-30% of the boat unless it was a risky or
particularly involved salvage. so it seems that, according to law,
their options are limited

since i haven't heard from them in months, anyone know what's going
on? salvage was not covered under my crappy insurance policy (who the
hell buys salvage insurance for a boat you take out perhaps 2x a
year?)

so what do you think?