SailNet Community - View Single Post - Is a 44' too much?
View Single Post
post #18 of Old 06-07-2012
Senior Member
overbored's Avatar
Join Date: Oct 2010
Location: Dana Point, Ca
Posts: 1,967
Thanks: 1
Thanked 131 Times in 130 Posts
Rep Power: 7
Re: Is a 44' too much?

Originally Posted by JustinB View Post
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.
Any thoughts?
why would they give him 200k if it can be fixed for 30k. does not make since even if they spent 100k to get it fixed why are they totaling it? there may be a bit more to the repair then you can see. will it be insurable after the repairs if done by you?

overbored is online now  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome