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post #15 of Old 11-21-2009
tommays
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Here is the deal on insurance on and old boat in MY case which i am fixing

After a survey it will get a value it can be insured at

In MY case i can increase THIS value by the cost of new PARTS i install like 7000 dollars to cover a diesel

The labor to install does NOT have VALUE

Painting the hull all pretty will NOT increase the value unless a second survey finds a significant change in market value


I am not and insurance expert BUT i do pay one

1970 Cal 29 Sea Fever

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1981 J24 Tangent 2930
Tommays
Northport NY


If a dirty bottom slows you down what do you think it does to your boat
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