
06-20-2010
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Senior Member
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Join Date: May 2002
Posts: 2,021
Rep Power: 11
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You're damned if you do and damned if you don't. If you scuttle, there's a risk that the insurance won't pay off, but if you don't, you might get sued by someone who hit it and damaged their boat or is injured or killed. If I thought I could come back and salvage it, I probably wouldn't scuttle it, but, if not, I'd probably scuttle it and hope I could persuade the insurance company that, by eliminating the boat as a hazard to navigation, I was also acting in the best interests of the insurance company, by preventing any further liability claims against it. If the facts support your actions as being prudent, the chances are fairly good that it'll work out, but there are no guarantees.
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