I have a friend who owns a 1970's sailboat. It's a Cape Cod Shipbuilding Mercer 44'. The inboard diesel gave out last fall so he has had it dry in his yard awaiting a new engine. So anyways, on Memorial Day some drunk thought his yard was a road and hit the supports holding the boat up. It fell over and the mast got bent, a hole in the hull the size of a dinner plate as well as the sails getting trashed. Nothing else got damaged but his insurance company offered him $200,000. They let him keep it for $15,000. That's where I come in.
Does this seem like a headache? I have a 70's Catalina 27' and it's a dream. I am thinking of taking the summer off from work and getting sailing lessons, getting her fixed, and sailing her to Europe. I sailed the Cat to the Azores last summer single handed. Not sure if that's possible on this. My friend always had it perfectly maintained by the company that built it so it is just a matter of fixing it.