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Old 07-20-2013
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Re: Did I make a mistake in reporting a claim to BoatUS?

The Boat US folks are really easy to talk to. Now that you have reported it you might as well just ask them what your options are.

I would suspect that you can do just about anything you want except insure the boat for more than what it is worth.
IE fix it yourself and have it re-appraised.
Let them total it , buy it back for $500, collect the cash and have it fixed then reappraised.

Once it has been totaled it gets a salvage mark on the title. You should find out what has to be done to fix that.
The lesson from the Icarus story is not about human failing.
It is a lesson about the limitations of wax as an adhesive.
If you have an engineering problem solve it.
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