Boat Damaged :(

cool truck...nice lookin' garage too.

was that a small camper in the one picture?

nice find on the boat.....good story. nice to see someone make out ok vs. the insurance companies



john

But Poorhouse, those other forum guys are wrong. Nautique is the best!
Glad you found a boat you like that fits your needs.
I do all my own repairs on my equipment and the Correct Crafts I have worked on always show quality in each and every detail. That is what brought me back into the fold.
Our Ski group has a Malibu, a Supra, a Mastercraft a Nautique and a Jet boat. I have turned wrenches on all of them.   Nautiques are pretty well sorted out although the other boats all had features I liked.

BUT, BUT, BUT......... a Mastercraft???
Went to the dark side.
Hope it works out well for you.

fanofccfan wrote: Nice find. I think the one that was too far away from you is fairly close to me.

Yes it is in NE.

Nice boat, congrats all around on making it happen!

That MC looks very clean.

The Supra sold in a week.
Buyer came from Spokane. Had 2 back ups, one of which pursued the buyer to make an offer.
The entry level ski boat market is hot.

Here is the damaged side cleaned up.



Wife and I came up with a small list of replacement candidates. Had to be open bow, composite construction and fuel injected. List consisted of MC Prostar 205, Sport Nautique, and another Sunsport. Had to be excellent condition, low hours, known history, etc. I was willing to travel 500 miles for a nice boat.

Found this Sport I really liked. It was priced pretty high, but only had 189 hours and was being sold by the original owner. Ended up being to far away.



Then found this 1996 Prostar 205 out of McCall, ID. Second owner since 2009, 360 hours, all records, stored inside, etc. Seller had not planned to sell but came across a '00 205 with 120 hours he could not pass up. We met him at Payette Lake, ID. Had a successful inspection and water test and made the deal. We had 3 205s on the water at one point. This one, his new one and his law partners '00 he had bought new.

Ended up staying there for the long weekend. Wife had a college friend that was there as well. Spend Sunday on Payette Lake. Really pretty area. Towed 480 miles home with no issues. Hoping nice weather holds through September.

We'll see what happens.

Comprehensive claim, not collision. That can make a difference.

Yeah, and it will be the last claim he makes.. Ol Flo or Jamie is going to ram it hard up his ass when the next premium is due........ [/QUOTE]

MOJO you crack me up.

TRBenj wrote: You need to be very careful about “agreed value” vs “stated value”. Read your policy closely and call your insurer if the language is unclear. You may be surprised with what they say.

This is true. I have Progressive for the boat and camper. Both on an agreed value policy. The language on both policies says in event of a total they will pay agreed value.

Their auto policy doesn't offer agreed value, only stated amount. It reads in event of total will pay actual cash value or stated amount, whichever is less.
Ended up insuring the '79 Dodge pictured above through Safeco on an agreed value policy.

What I found interesting is that they have to use the actual cash value to make the total loss determination, not the agreed value. Apparently most states total loss law language is based on actual cash value.

I used progressive on several of my sport bikes before I went into racing full time. I made a few claims and hey we’re great. One claim was when I hit a deer and did $6k of damage to a brand new Cbr 1000. I had my money in a few days and premiums never went up. I insure everything through farm bureau now but I wouldn’t be scared to use progressive vehicle insurance again in the future.

I have progressive as well. Some say the agreed value is just a suggestion and they only pay out what the "real" assessed value is. Doesn't seem to be the case in this instance.

Progressive !!! I am shocked. You owe Floe some loving !!!!! Or Jamie a reach around.

I am not in the market for a boat but I would not be afraid of that Supra with the doc damage.

phatsat67 wrote: 3 things. 1: Sorry about the boat, it looks cherry. 2: That Dodge truck is great looking. 3: Who was your insurance company?

1. Thank you
2. Thank you
3. Progressive

Hollywood wrote: I drove my car home after someone hit me. Insurance adjuster did a visual inspection at my residence. After I told him the mileage over the phone he determined it was a total loss. I said I want to keep the car so they mailed a check for the difference. The vehicle and the title never left my possession. Not sure where the 'salvage' line really is. Maybe someone in the insurance game would know.

My understanding is that if there isn't some kind of massive structural issue it is just a financial decision. In this case my boat had a book value of $5500, the $4500 estimate was over 75% of the value so was enough to "total" mine. If the boat had been worth $20k they would have written me a check to fix it.

3 things.

1: Sorry about the boat, it looks cherry.

2: That Dodge truck is great looking.

3: Who was your insurance company?

I say take a stab at fixing it. You are way ahead of the game, and now the boats history.