Re: My Boat was Hit Bad
I would expect the insurance company to total the boat, I am not sure whether your "declared value" would apply, I assume so. The glass repair may only be $3-4000, however, any reasonable effort at hiding the repairs will require painting the decks and interior (which you should insist on...), which cost will exceed any likely declared value.
So their insurance company will pay you out, and most likely you will have the chance to buy the boat back for short money. You can have the repair done with a best efforts matching of the gelcoat and non-skid, and you may end up with a repaired boat, a few thousand in your pocket, but a greater loss in the value of the boat. Maybe time to move up...
Certified...in several regards...