A different way to look at it would be to consider whether you could make your 3k back if it is a total loss.
If the boat is in great shape, and I wanted it, I'd talk to the insurer and see about skipping the whole scrap aspect and get it repaired.
Toe rails very seldom have to be a match for factory items, any suitable material that catches your fancy can be used.
I've never personally had trouble getting insurance with a salvage title, most often if it surveys good, they're happy.
Last edited by merc2dogs; 11-13-2011 at 12:39 PM.