Insurance

wowzer52 · Post by **wowzer52** » Sun Mar 27, 2011 12:16 pm

I agree with prowlerfish, There is a love affair and bond that is formed with the boat that you bring back to life reguardless of the money spent. Sometimes it's justifiable to spend $1000 a month for parts for the sake of bringing back the right old boat with loved ones (family/friends) but not justifiable to make $500 a month payments on a turn key boat, go figure.

BUT, that's what makes boating such a great hobby and so much fun for do-it-yourself'ers. I have found that the final product is more enjoyable when it doesn't come easy.

Big D · Post by **Big D** » Sun Mar 27, 2011 12:27 pm

I can deffinately relate to that Wowser. Though I love my woodie (boat), it requires much to be done, and although I would love to move into an F-36 convertible, I would have a hard time parting with the old girl. The work I've put into her has made her part of me. It's deffinately not a money thing. And the memories, well, there's just no replacing that. Maybe I'll get the F-36 and start a fleet of my own!!

wowzer52 · Post by **wowzer52** » Sun Mar 27, 2011 12:37 pm

My wife cried like baby when I put "Simply Blessed" up for sale. Her and I have worked very hard to bring this boat back to life and make it dependable and comfortable, she even picked out the name. But she cried when we sold the last one also, but she is getting used to the idea that we cannot get a bigger boat if we don't sell this one.

willietrojan · Post by **willietrojan** » Sun Mar 27, 2011 12:38 pm

Just making suggestions No need to get all excited people

Big D · Post by **Big D** » Sun Mar 27, 2011 12:43 pm

All good suggestions willie, and we love getting excited!!

alexander38 · Post by **alexander38** » Sun Mar 27, 2011 1:00 pm

I 2nd the thought. There's no reason for any of us to place any doubt in Dad/ daughter thoughts on bringing the f36 tri back to life , and a smaller sportfisher isn't a replacement for a 36' aft cabin, if your not in to fishin' the aft deck is just a waste of good living space.

and yes excited another aft cabin boat in the so. bay. Hopefully after she's ready we all down can curise together.

prowlersfish · Post by **prowlersfish** » Sun Mar 27, 2011 1:14 pm

Now Back to INSURANCE !!!!!!!!!!!!!

rossjo · Post by **rossjo** » Sun Mar 27, 2011 4:28 pm

prowlersfish wrote:Why is every one trying to show him other boats that are not anything like what he has bought already ??

Bought already ?

Deal is signed and money transferred? Sounds like he's still negotiating to me.

I always give honest advice to people when I see them getting into something that may be a problem, don't you?

So that was my advice ... take it or leave. I'm not debating whether my advice is my advice or not.

Not sure what docks fees are since I have my boat at my house but $300-600 per month is the range here for floating (slips sell for $150-250k here). On the hill is less and requires insurance..

Frink98 · Post by **Frink98** » Sun Mar 27, 2011 5:34 pm

Looks as though we have the boat, in the process of paying the broker.

We still aren't sure the motors work but because of how long she has been sitting we are gonna put her on the hard in Hampton and check her out safely.

Thanks everyone for their info on insurance. I will be calling up a couple of those companies tomorrow to get an idea of what they are charging. Turns out the owner does have insurance and have pushed the broker to get her towed over and hauled out so we can inspect her and transport her down. We should be going up this week to take care of all this.

I will be taking tons of pictures and positing once she is down here... the ones on the site really don't do her real justice as far as the state of disrepair she's in.

It should be quite an experience to bring her back to life.

wowzer52 · Post by **wowzer52** » Sun Mar 27, 2011 8:06 pm

Before and after pics are great. Take lots pics of it now so you can see the progress as it goes. I didn't do that enough with any of the boats I've had and wish I would have.

keelbolts · Post by **keelbolts** » Sun Mar 27, 2011 9:34 pm

Really, thanks EVERYBODY for your words of advice. For most people, I would agree with those of you who question the wisdom of reviving an old, neglected boat. I have seen more than one buyer think that he could get a bigger boat by getting a ragged or, worse, wooden boat w/out knowing what they were getting into. Bad idea. Most of them frittered away a fair amount of money before failing miserably.

Again, the only reason it makes any more sense for us to do it is that our labor costs are zero and our material costs run about 1/2 of what most other people's do. While the time, effort, and cost are still not negligible, it allows us to end up with a boat we couldn't afford any other way. How many times have you heard of somebody who paid good money for a "turn key" boat with a good survey only to have to put thousands of dollars into fixing stuff up that was said to be in good shape. Also, & I speak from experience here, when she's done we will know every square inch of the boat and know the status of every system on the boat. I've sailed the same wooden sailboat for almost 25 years and there is not a square inch of her that I don't know by heart.

In any case, advice to newbies to be very wary of biting off more than they can chew is good advice and ought to be passed along by those with the experience to keep other's fat out of the fire.

As an aside, there was the freeby with one engine available... As a long time sailor, boating with one engine always makes me a little nervous. Sometime engines quit. It's bad enough when you have to coast to the side of the road... With a sailboat the chances of the wind & your motor dying at the same time are slim. I like the idea of having two motors on a powerboat.

prowlersfish · Post by **prowlersfish** » Sun Mar 27, 2011 10:04 pm

Keelbolt sometimes a sail is not a great back up . Our old frend Jerry P. called me one day on his way to haul out , He lost the the engine . I asked what about the sail ? he said it was up and he was making 1 knot ....... Backwards I had a tow line on Second Circle within the hour and I never let him live it down .

keelbolts · Post by **keelbolts** » Sun Mar 27, 2011 10:33 pm

prowlerfish,
Years ago, and friend & I were sailing his classic, wood, engineless sailboat into the Ponds. We couldn't whistle up a breeze. We were racing the bubbles the tide was carrying in and loosing. Anyway, the fellow who used to have the tiki hut, blue lights, and fiberglass marlin in his back yard offered to tow us on in with his jet ski. My friend & I discussed it quietly and decided the damage to our reps (to be towed in by a jet ski) was too high a price to pay. We thanked the fellow for his generous offer and spent the next 3 hours sailing from about Southall to Saltponds. No regrets.

prowlersfish · Post by **prowlersfish** » Sun Mar 27, 2011 10:59 pm

The price you would have paid would have been very high for sure .

Captain Blast Off · Post by **Captain Blast Off** » Sun Mar 27, 2011 11:42 pm

prowlersfish wrote:Now Back to INSURANCE !!!!!!!!!!!!!

I finally remebered the insurance company... Foremost Insurance; they were the best deal for us.