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#1
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I've never been through a storm like Hurricane Charley but I'd imagine that
the damage to pleasure boats must be significant. I assume that most boaters have insurance on their boats and that at some point the insurance companies will offer a settlement. My question is: what happens to the boats that have been "totaled", that is, the insurance company takes ownership of the boat. With autos the vehicle is either "parted out", or is repaired and sold with a damaged title. Is there a paper trail that a prospective buyer can follow with these boats? |
#2
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On Wed, 25 Aug 2004 09:06:59 -0400, "John Wentworth"
wrote: I've never been through a storm like Hurricane Charley but I'd imagine that the damage to pleasure boats must be significant. I assume that most boaters have insurance on their boats and that at some point the insurance companies will offer a settlement. My question is: what happens to the boats that have been "totaled", that is, the insurance company takes ownership of the boat. With autos the vehicle is either "parted out", or is repaired and sold with a damaged title. Is there a paper trail that a prospective buyer can follow with these boats? They are put out for sale to places like this: http://www.certifiedsales.com/ Don't expect to get a good deal this way - it can cost you more than a new boat. Later, Tom S. Woodstock, CT ----------- "Angling may be said to be so like the mathematics that it can never be fully learnt..." Izaak Walton "The Compleat Angler", 1653 |
#3
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From what I have seen here, the folks who kept their boats in "safe" dry
storage took a worse beating than those who simply tied them up well and let them ride it out in the water. I was in a small marina returning a lift motor cover I found adrift and all the boats I saw were doing OK. There was a little cover and top damage from the wind but they were all still floating. I didn't linger to look too hard since this was one of the "closed" areas (Ft Myers Beach) and I didn't want to be dodging bullets ;-) If I was worried I would worry about bilge pumps failing since the shore power was out. They would have a hard time keeping me from going in and charging my batteries/moving the boat. |
#4
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