Humblebee
Well-Known Member
Sorry to hear your loss, jlavery, and all the best with the insurance and getting afloat again soon.
Fair winds.
Fair winds.
RIP Arpeggio
- Thread starter jlavery
- Start date
PhillM
Well-Known Member
So sorry to hear that. There’s emotion in owing a boat. Sorry, the boat you own. Hope you’re ok.
Seven Spades
Well-Known Member
I think that boat is quite repairable, but not if you are going to pay someone to do it. my guess is the insurance cpmpany will pay out out and then sell the boat to someone willing to undertake the repairs. I know of a yard that used to buy boats like this and if any of their workers were idle they were sent to the house boat to work. At the end he used to sell the boats which looked like new when finished. I am not sure if he still does that.
jlavery
Well-Known Member
Yes, she's absolutely repairable - just the cost at commercial rates takes the repair cost above her insured value.
If it was just the hull repairs to be done, there's no question that we'd get her repaired (and insurers wouldn't have declared her a CTL).
Yes, I know of yards/businesses which would take this type of project on.
However, she needs an entire new mast and standing rigging. This is something it's hard to discount or 'get a deal' on - so it will be interesting to see if the insurers do find someone to buy her at salvage value.
dgadee
Well-Known Member
My Seawolf has just launched with a new bow after Babet. Quotes to repair were around £21k until one came along at half that price. I think/know they underestimated costs - stainless work seems to be a particular problem and it's hard to get skilled craftsmen. Two other boats damaged at the same time are still waiting for their stainless fittings.
Of course, every cloud has a silver lining. I bought a Fulmar to sail last season and upgrade this season.
Of course, every cloud has a silver lining. I bought a Fulmar to sail last season and upgrade this season.
