Originally Posted by brmarkey
Sorry if this has been covered elsewhere Iím new and havenít been able to find anything
I found out in the disclosures document that a boat Iím preparing to buy has hit a bridge with its mast. Insurance replaced the mast and repaired the damage.. How big of a deal is this? Hidden damage not easily found on the average survey? What cautions should I take? Should I pass all together? The boat has been surveyed since the incident and nothing was mentioned related to structure or the mast.
The boat is perfect for what I want to do. Well maintained. Low hours on the motor!
Anyone out there have experience with this?Advice?
Get the details on the repair.
If the owner was paying for the cost of the repair, the broken mast would be fixed with a sleeve, all rigging that could be re-used would be, the fibreglass work would be a 10 ft job.
Being an insurance claim, if it was more than 2 years ago, everything that was damaged, and could be reasonably claimed damaged, would be replaced with new, and the FRP work would be flawless.
Insurance claims since 2017 are a little trickier, in that an at fault claim is covered for depreciated value, so older boats wonít get so much new stuff unless the owner pays some (as it really should be, as it used to be a windfall if someone whacked your boat.)
So the most important thing is to get the details of the repair and whom did it. Are they reputable, did they do it right.