Totaled in Florida

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lobo
Posts: 20
Joined: Aug 25th, '19, 07:20

Totaled in Florida

Post by lobo »

Hello to all, was wondering if anyone knows what a salvage title means as far as resale and insurance purposes? Rascal is a 31 FBC., and was involved in the storm Milton. She had a fiberglass hard top, aluminum frame, the usual. it was taken off by the storm , no damage to the hull at all. they totaled the boat. I can purchase the boat back from them, but I'm not sure what a salvage title means . I want to repair the boat, but what good is it if I can't insure it. Thanks in advance. Russ-Rascal
Ironworker
Posts: 752
Joined: Jul 22nd, '17, 13:59

Re: Totaled in Florida

Post by Ironworker »

Russell,

I would think that you could insure the boat with a survey after the repairs are made. I will tell you its difficult and costly to insure older boats in the current market though.
Rick Ott
Carolina Reaper
Hull # Don't have a clue
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JeremyD
Senior Member
Posts: 294
Joined: Jan 20th, '09, 09:36
Location: ST. PETE, FL

Re: Totaled in Florida

Post by JeremyD »

Boats are not like cars - Just get a Survey and you should be good to go.
1977 B31 (315 Cummins) Build thread --->https://www.thehulltruth.com/boating-ho ... model.html
2010 Key West Bay Reef | 150 Yamaha
1986 Bertram 28 260 Mercruisers [SOLD]
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