What would you do if your boat totally disappeared?

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Babylon

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Whilst we're discussing Autumn hypotheticals, what would you do if your boat suddenly completely disappeared, and you similarly mysteriously found your bank balance increased by its market value?

Buy the same again?

Buy bigger / smaller / different type etc?

Not buy another boat and charter instead (opportunity to sail in other locations)?

Give up sailing altogether?

Any other course of action...?
 
As opposed to partially disappeared I suppose, like my late friend who sold a half share.

I am too near to having to give up sailing to consider replacing like for like. I'm not even sure that I would want to undertake the maintenance of something like a small chugging motorboat and simply downsizing simply replaces poverty with discomfort. I think that I would bank the money and set about spending it. I had a taste of business-class travel last year and this could a useful way of keeping it out of the way of my heirs.
 
I'd find out who deposited the money and go and get my boat back ....

This is my AWB. There are many like it, but this one is mine.

My AWB is my best friend. It is my life. I must master it as I must master my life.

Without me, my AWB is useless ... etc etc.
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... seriously, I've spent years sorting it out to get it how I want it. :D
 
Move the money offshore before the wife and family found out I was cash rich!!
Still moan about mooring fees to keep the illusion.

Anybody looking for crew?

It gets more complicated as i think about it, because I would have to say the AIS has failed and I am not replacing it.
 
Graham376 said:
That's what "agreed value" insurance policies are for.:)
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Good point. I would readily up the hypothetical ante (my own agreed insured sum being roughly double the current market value!) but I'm more interested in what folks would actually do if they found themselves boatless rather than focussing too much on the exact sum of money available to spend.

If I lost my 27ft long-keeler :sorrow: I'd:

either immediately set about looking for her bigger sister, the 32, that being the size limit for my mooring,

or consider a pilot-house long-keeler up to 32ft.

In either case I imagine I'd have to - all over again :ambivalence: - spend a good deal of time and money getting the new boat up to how I'd like it!

In either case I'd take the short-term opportunity to do a passage on a tall ship! :D
 
Graham376 said:
That's what "agreed value" insurance policies are for.:)
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Babylon said:
Good point. I would readily up the hypothetical ante (my own agreed insured sum being roughly double the current market value!) but I'm more interested in what folks would actually do if they found themselves boatless rather than focussing too much on the exact sum of money available to spend.
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That's more like it. I beter let my insurance company know about the new bits of kit being put on the boat next spring :encouragement:
 
A 50 year old Snapdragon wouldn't increase my net worth significantly, but it would be time to think seriously about whether to go for a MAC (Manky auld catamaran) or a MAM (manky auld motorboat) to help milady continue on the water. Either that or get a camper and explore inland.
 
Let’s hypothetically say I sold my boat a few months ago. Apart from the obvious advantage of having more cash in the bank and less outgoings every month I’d be feeling a lot less stressed at all the things going round in my head about what needs doing over the winter, when I’m going to get time to do it and how much is it going to cost. I’d probably be finding I’m not missing it at the moment as the days a are short and temps below freezing at night and in single figures during the day.
I’d be wondering how much I’m going to miss not having it come next spring and debating whether to get another or not. Looking at the crazy prices some are asking for their boats right now I’d probably be thinking I’ll wait until this brexit mess has settled down before rushing in and getting rid of that cash that is burning a hole in my pocket. All hypothetical of course :rolleyes:
 
Babylon said:
what would you do if your boat suddenly completely disappeared, and you similarly mysteriously found your bank balance increased by its market value??
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I'd take the hush money and keep quiet. It makes sense that the US government would experiment on a westerly first rather going straight to a cannon-class destroyer like they did last time but I don't think you want to mess with those people.

And then I'd buy a slightly smaller but much more expensive boat. I think I've now established that (a) this sailing lark is not just a fad and (b) I'm never going to be able to afford a house I like.
 
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