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Message
Recovery of sunk boats after hurricane
Posted on 8/28/17 at 12:59 pm
Posted on 8/28/17 at 12:59 pm
Does anybody have any knowledge of what happens when these huge marinas and boating communities start recovering sunk and damaged boats from a major storm like Harvey? Do the insurance companies coordinate and arrange salvage and auction or is that on the boat owner or marina/property owner? I imagine there will be tens of thousands of nice boats in Texas that will need to be re-floated and probably still have some value, in addition to ones that are just a total loss.
6
Posted on 8/28/17 at 1:02 pm to mohalk
Well mine sunk in the flood that got Monroe a few years ago, it was at Lake D'Arbonne.
It's now frozen up and worthless.
I guess the lucky people who have insurance file a claim, I didn't.
It's now frozen up and worthless.
I guess the lucky people who have insurance file a claim, I didn't.
Posted on 8/28/17 at 1:04 pm to mohalk
Our 32' Jupiter was in Cypress Cove dry storage before Katrina. Insurance wrote a check for a new one right after the storm. I think all the boats in that scenario were handled like that.
3 YEARS LATER we found the old boat. It was in the marsh a couple miles north of Port Eads. I don't believe it was ever salvaged/recovered from there.
3 YEARS LATER we found the old boat. It was in the marsh a couple miles north of Port Eads. I don't believe it was ever salvaged/recovered from there.
Posted on 8/28/17 at 1:41 pm to mohalk
I had a 24 ft. Pro-line in a shed in Venice. Boat floated to the top of the shed...seemed the only water damage was to the batteries. There was some damage to T Top but not much. Insurance totaled it and wrote me a check. They said I could buy it from them for $1500.00. I don't think that boat ever made it to the auction.
This post was edited on 8/28/17 at 3:36 pm
Posted on 8/28/17 at 1:59 pm to DirtyMikeandtheBoys
quote:thats cool. My uncles world cat was found 15 feet up in some trees a few miles from his camp in MS after Katrina.
Our 32' Jupiter was in Cypress Cove dry storage before Katrina. Insurance wrote a check for a new one right after the storm. I think all the boats in that scenario were handled like that.
3 YEARS LATER we found the old boat. It was in the marsh a couple miles north of Port Eads. I don't believe it was ever salvaged/recovered from there.
Posted on 8/28/17 at 2:05 pm to CarRamrod
Father in law lost his whaler in in MS during Katrina but the trailer stayed put on the lot. Insurance paid out and he was just starting to shop for a new boat a year later when his phone rang. A guy found it halfway up in a tree a few miles away from his lot.
He called insurance, they didn't want it, he bought it back for $1, put it on same trailer and got a new engine with his insurance money.
We still go fish on it.
He called insurance, they didn't want it, he bought it back for $1, put it on same trailer and got a new engine with his insurance money.
We still go fish on it.
Posted on 8/28/17 at 2:18 pm to eng08
Sounds like that even though the insurance company is legally required to salvage or remove the boat after they take ownership, they may not put a lot of effort into actually doing that.
Posted on 8/28/17 at 3:09 pm to eng08
are we telling hurricane boat recovery stories?
in the early 90's (after andrew) i lost my 16' duck boat while hunting offshore in atchafalaya bay...it broke loose from the blind and blew away. we got rescued, and looked for the boat the next day to no avail.
2 years later i get a call from a merc dealer that someone is selling my outboard (he ran the SN). i recover the outboard after a visit to the seller from the sheriff
at least 5 years later, after a storm came up the wax and brought a surge, i get a call from a crabber who says he saw my boat 10' up in a cypress tree and wrote down the reg numbers
the boat and motor both hunt with me today
in the early 90's (after andrew) i lost my 16' duck boat while hunting offshore in atchafalaya bay...it broke loose from the blind and blew away. we got rescued, and looked for the boat the next day to no avail.
2 years later i get a call from a merc dealer that someone is selling my outboard (he ran the SN). i recover the outboard after a visit to the seller from the sheriff
at least 5 years later, after a storm came up the wax and brought a surge, i get a call from a crabber who says he saw my boat 10' up in a cypress tree and wrote down the reg numbers
the boat and motor both hunt with me today
This post was edited on 8/28/17 at 3:10 pm
Posted on 8/28/17 at 3:33 pm to mohalk
in "most cases" if insured they pay it off and dont even look for it, if its found, they crush it and put it in a dumpster.
i am pretty sure the prevailing wisdom on it is, if its salvageable then the owner or someone who found it already salvaged it so they dont look for or even attempt to salvage it unless forced to because its a safety hazard. its just cheaper to pay the claims and let the scrap collectors have it.
in truth i think its only like single digit percentage of boats found are usable after anyway. they might "look" ok but have unseen damage and/or weak keels from banging into stuff that could cause a massive hull failure without warning if put back in service so for insurance reasons it would be insanity for "them" to try to put one back on the water
i am pretty sure the prevailing wisdom on it is, if its salvageable then the owner or someone who found it already salvaged it so they dont look for or even attempt to salvage it unless forced to because its a safety hazard. its just cheaper to pay the claims and let the scrap collectors have it.
in truth i think its only like single digit percentage of boats found are usable after anyway. they might "look" ok but have unseen damage and/or weak keels from banging into stuff that could cause a massive hull failure without warning if put back in service so for insurance reasons it would be insanity for "them" to try to put one back on the water
Posted on 8/28/17 at 3:45 pm to mohalk
Because most boats these days are fiberglass combined with gasoline engines it will cost the insurance companies a good bit to dispose of the boats, if someone else offers to buy it after it's totaled they usually accept.
Friends have bought damaged racing sailboats that way. I've missed a few.
Friends have bought damaged racing sailboats that way. I've missed a few.
Posted on 8/28/17 at 4:24 pm to eng08
Any websites that you can check on boats like this?
Posted on 8/28/17 at 4:30 pm to anewguy
At what point is it abandoned property and you have salvage rights? Other than the motor and electronics, I bet there are quite a few composite core fiberglass boats over there that with a good cleaning, new motor (maybe only a new powerhead), wiring, and electronics would look like new.
I'd bite if we found a website you could check on boats like this!
I'd bite if we found a website you could check on boats like this!
Posted on 8/28/17 at 6:14 pm to td1
Interested as well. Hopefully chimes in with experience on it.
Posted on 8/28/17 at 6:57 pm to Tbooux
Posted on 8/28/17 at 7:40 pm to anewguy
After Katrina they had 2 giant lots full of all of the insurance salvaged boats in the Gulfport area. You could go in and look at them and then figure out when the online auction would start. I Almost bit on a mako 26 that had sunken on its trailer inside of a boat shed in Venice. But instead of going after a massive restore project I just went for a big restore project and bought one that hadn't been sunken and sloshed around for a day in a metal box.
Here's a link to a salvage we did for a friend who lost his arse in Diamondhead, MS. It was a fun day, but i don't care to do it again.
Mako 21 salvage.
Here's a link to a salvage we did for a friend who lost his arse in Diamondhead, MS. It was a fun day, but i don't care to do it again.
Mako 21 salvage.
This post was edited on 8/28/17 at 7:42 pm
Posted on 8/29/17 at 9:16 am to mohalk
I did FEMA work in Miami after Katrina and we ran across this issue at the public marinas and in federal and state waterways. No one was salvaging sunken boats and the tax-payers were left footing the bill.
Posted on 8/29/17 at 10:36 am to RingLeader
quote:
RingLeader
Pretty impressive. I highly doubt it-but is that viking still there by chance...?
Posted on 8/29/17 at 1:34 pm to RingLeader
quote:
After Katrina they had 2 giant lots full of all of the insurance salvaged boats in the Gulfport area. You could go in and look at them and then figure out when the online auction would start. I Almost bit on a mako 26 that had sunken on its trailer inside of a boat shed in Venice. But instead of going after a massive restore project I just went for a big restore project and bought one that hadn't been sunken and sloshed around for a day in a metal box.
Here's a link to a salvage we did for a friend who lost his arse in Diamondhead, MS. It was a fun day, but i don't care to do it again.
I went to 2 of those. They charged $500 refundable to get in and I was told of great deals. Then the professional boat salvager's and idiots showed up. People started paying 80% of book for damaged boats! One guy paid $25,000 for a 21' 6 year old CC Ranger that had a cracked transom and an inspection that said it was found submerged and engine was seized.
Posted on 8/29/17 at 3:09 pm to OLDBEACHCOMBER
That's why you try to buy it right away before they start really looking at it and estimating things. If you offer to buy it quick you can usually get a deal.
Posted on 8/29/17 at 6:28 pm to eng08
Cool story.
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