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post #12 of Old 03-09-2019
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Re: Dismasted/1964 Challenger

Originally Posted by Minnewaska View Post
Something to think about is insuring it again. I'd like to believe, if the damage is really just the rig and you properly repair it, you could insure it. However, as a general rule, insurance companies won't take on boats they paid out as a total loss. Stubborn.
Sallvage title cars are accepted by insurance companies. The boating companies can't be much different. Of course, you'd have to have a survey from an accepted surveyor. If you do decide to rebuild and reinsure, might want to talk to your insurance company and see what they'd want in a survey and a surveyor. Might have to get the surveyor involved from the get go of the repair with multiple inspections or whatever the insurance company wants. Often hear that old boats can't be insured. Haven't that's the case. My 50 year old boat has full coverage but I had to get a hull survey and a separate rig survey to get it covered.
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