HUNDREDS OF BOATS SOME DESTROYED SOME STILL GOOD!

HUNDREDS OF BOATS FROM HURRICANE IANS DESTRUCTION.

[jeepman]

I bought that 31 Foot Robalo at this auction and my brother found this video and showed me you were on my boat! I've got both engines running fine and all the bilge systems and wiring replaced. Working on cosmetics now but she will be good as new by Memorial Day if Yamaha ships my new cowling soon. Thanks for the video.

[richardpowell]

Very interesting video and information. Yes, sad to see the carnage of damaged beautiful boats. The AMOUT OF MONEY LOST/INVOLVED! PEOPLES RETIREMENT/ DREAMS / FUN/ ETC. ETC. I JUST CANNOT IMAGINE! OVER WHELMING. THANKS AGAIN FOR THIS ARTICLE!

[coralfishg]

we just picked our sea ray 260 up from there.. 7500$ and the boat is CLEAN!! Little bit of cabin water damage but nothing major.

[garrym]

I think some of the reason such clean boats get totaled, is just because of the location. Right after a hurricane goes through prices for anything boat related go through the roof. From haul out to repair to shipping to even just storage in a boat yard prices are big. Insurance companies have to pay for storage and repairs under outrageous conditions so in a sense it's cheaper for them to just total the boat and write off the loss. than to pay for months of storage until it can get repaired.

[wrzl]

I’m Fairly certain that boat repair labor is at about $130 per hour these days. Then you calculate in that 90% of those boats will need to be completely re-wired. After sitting in the water for weeks you’re going to have some delaminating down the road. Insurance adjusters know all of this and they know the repair bill isn’t worth the outcome.
There’s a hell of a lot more wrong with those boats than meets the eye. Anyone not knowing this going into buying one of those boats is making a big mistake.
For the person that can carry out all the repairs on their own, some of those boats could be a good deal.

[howesfull]

Nice video. What I'd really like to see is a video with what they sold for at auction.

[LouisJr.]

Hey! Do you know the brand & model is of the grey & white center console boat on the right side of the Scout boat with the 3 engines?

[johnmueller]

Doesn’t the insurance company totaled in for the boat owner?

[SouthAuckMarine]

Most likely they want a pay out. We're finding in our market that a lot of people are selling up to free up money. Mainly due to mortgages and cost of living, etc here in NZ.

[cameronsienkiewicz]

Most of the boats here that barely have any damage on them are people who made claims even though they weren’t supposed to.. when hurricane ian hit, the insurance companies didn’t send adjusters out to every claim because there were way to many claims.. they pretty much just threw money at people and sorted the claims out later .. they did it with super cars, yachts, houses, businesses etc… so anyone that wanted out of their boat, or were upside down on the payments “totalled” out their boats while they had the opportunity

[High-Alpha]

How do you find out about the time/location of these auctions? I missed out!

[wydryfly]

Amazing how something that is designed to be “on”the water can sell for 300, 000. But once it is under water, it’s worth maybe 3, 000.
Gotta Love the boat life. 😂

[kdo]

Very interesting where is this yard located?

[ericdavi]

I had my boat inside my warehouse on a trailer when the storm went through. But now Geico has a freeze on changing any coverages in our area. I tried to increase coverage because I’m adding a Rhodan spot lock trolling motor and they won’t let me make any changes to my policy.

[jerimahjohnson]

Question ⁉️
Moving forward how can any buyer know a boat has been Storm damaged or sunk?

[monkabuda]

Thank you for the video. I have passed by that lot on Burnt Stove road a bunch of times in the past few months and wondered what boats were sitting in there. I totally missed the notice about the auction. I would have loved to have checked it out.

[mccluremetalworks]

Curious as to what the scout sold for? Dream boat!

[thomfoster]

The boats a totaled because they were either sunk or swamped. Every boat in our community marina was a total loss. Some sunk some end up iin mangroves and some yet to be found. Saltwater does not mix with boat wiring meaning even id you manage to get the boat running problems will surface for the remainder of the vessels life. T

[nunyahbizness]

Thanks to these "totaled" boats my insurance is definitely going up.

[FAQIIyacht]

Our 2 year old Beneteau GT 32 has been sitting in copar for 4 months, with a flooded cabin, electric exposed to salt water. Engines are fine, Progressive said 50k to fix even though the entire cabin and electric needs to be replaced. No marina is willing to fix it, now progressive says they are getting an estimate. 5 weeks later and they still have no estimate. We got an estimate of 350k, but marina said they would not repair it due to cost to repair and unexpected issues while repairing. I’m not sure there is a rhyme or reason to when they are totaling boats.