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Joined: 11/29/14
Posts: 19
Loc: NC
Re: Protecting charter boats? [Re: StormJib]
      #1743489 - 09/07/17 11:49 AM (

Wish everyone all the best in recouping their losses. Hopefully, many have gap insurance that covers the difference in what is owed to the bank and the replacement cost (would include dollars invested in down payment and additional items on boat and loss of income)? Not sure that exists, but I've often thought that I would want that assurance (insurance) before buying a boat and putting her in charter - catastrophic losses are indeed devastating. Again, hope all will be back on their boats this year and that the locals will receive the support they need to rebuild. This is so sad!

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Joined: 10/09/07
Posts: 220
Loc: Pittsburgh, PA
Re: Protecting charter boats? [Re: maytrix]
      #1743523 - 09/07/17 01:11 PM (


maytrix said:
I'm sure insurance also won't just want to total them all either, so that makes sense. If they aren't sunk or have serious structural damage, they probably can be repaired.

I wonder what Moorings did with their 58's? That's a lot of money and a lot of windage..

New photos show most or all of Mooring's 5800 totally destroyed or severely damaged. One is upside down across the docks.



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Joined: 11/30/14
Posts: 1039
Re: Protecting charter boats? [Re: Schwendy]
      #1743531 - 09/07/17 01:34 PM (

The new wide flat floating condo we call cats may end up redefining hurricane prep. They peeled up like a tin roof taking out everything down wind of them.


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