SailNet Community - View Single Post - Got my title for the 30 footer..
View Single Post
  #18  
Old 03-19-2004
bubb2 bubb2 is offline
Senior Member
 
Join Date: Nov 2002
Location: New York
Posts: 5,572
Thanks: 0
Thanked 14 Times in 14 Posts
Rep Power: 14
bubb2 has a spectacular aura about bubb2 has a spectacular aura about bubb2 has a spectacular aura about
Got my title for the 30 footer..

Adding my 2 cents to the discussion, boaters need to beaware that the "diminished resale value" is not something yours or the others guy''s insurance co. wants to talk about or even aknowage.

As many of you know,I was run down from behind last july and my boat suffered $45,000 in damages. Dealing with the Insurance Co''s (mine and his) has been a nightmare. Yes,I have an attorney involed. But at $250 an hour you can wind up deeper in the hole than when you started. So far My out of pocket expences have been in excess $4000 not including the resale issue. The other boater was charged by Coast Guard with negligent opperation.

If it ever happens to you my advice is to get your famliy and/or guests off the boat safley and let her sink. Then someone like John 323 can deal with it.

My misstate was I saved my boat and the boat was not totaled. Damage had to be 80% of value to be totaled. So it''s guy''s like me that get to bear the cost''s.
Reply With Quote Share with Facebook