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ContinuousWave: The Whaler GAM or General Area
Very bad start to the weekend
|Author||Topic: Very bad start to the weekend|
posted 05-27-2002 02:59 PM ET (US)
I was towing my '89 Montauk up to Falls lake (North of Raleigh)on Friday afternoon and got in a wreck. I was on a two lane road (route 50 north) and a minivan was stopped ahead of me, I slowed down and stopped behind the minivan. Behind me was a 40 ton crane-truck and it couldn't stop. The crane had slowed to about 10mph by the time it hit me. The crane driver tryed to stop, couldn't and at the last minute swerved left and hit the back left side of the Montauk with the corner of the truck. The montauk was pushed forward about 4 feet, broke the transom straps and bent and broke off the bow strap and trailer wench. Now the transom has a crack that goes clear through it, but the engine was missed and looks fine. The bow has a big gash from where it hit the wench. There are also several scrapes on the hull.
Without actaully seeing the transom, do you think it is repairable?
If the insurance company says the boat is totaled, how will they determine the value? The NADA values I found on the internet seem to be very far below market values? Am I just screwed?
Most importantly, no one was hurt in the accident, my tow vehicle does not appear to be damaged at all, although i am going to get the receiver hitch checked out. I do have full insurance on the boat, but i think the other drivers insurance is who i have to deal with. Any advice or help would be appreciated.
posted 05-27-2002 06:04 PM ET (US)
Can't offer any advice but can offer my condolences not only for the boat but to have lost it at the beginning of the season. Glad no one was hurt. Not to many people can say there boat was hit by a crane and survived to tell about it! Maybe you need to tell the insurance company about the New Montauk at only 17K. Keep us posted on the happenings.
posted 05-27-2002 06:15 PM ET (US)
Pops, I am in the insurance business and may be able to help point you in the right direction.
First, the crane's insurance company should pay "all sums for which our insured is legally liable". That's what the policy says. You may be in a fight over the valuation but let them do their job first. If they do pay to repair it you have an additional claim for diminuation of value which is the value lost because of the damage.
If they try and total it you have a couple of options. Let em pay and take the money. Let em pay and buy back the salvage. I wouldn't really see why you would do the latter.
Another option is to let your company pay and subrogate back against the other driver for their money as well as your deductible.
If they try to use the NADA alone tell them to roll it up, put a little vasoline on it and.... To substantiate the value you will probably need qualified dealer quotes. This can be a pain as a lot of dealers don't want to take the time to go to court if it goes that far.
This board may provide some good ammo if it comes to that. My advise, sit back, get in your head a good figure, and the claim may very well work itself out. Please e-mail me if you have any questions during the process.
posted 05-28-2002 01:46 AM ET (US)
When I insured mine; I had to give them a value. I would think that would be the top my insureance would pay....as for dealing with the party "at fault" I would persue "replacement value" .....new
posted 05-28-2002 07:18 AM ET (US)
When my insurance agent last year added my 1970 whaler to my home policy, he also suggested I include a letter from my dealer confirming its value as a classic boat.
Pops, you have my condolances. I fish Falls and Jordan all the time. Good luck dealing with the insurance companies.
posted 05-28-2002 09:17 AM ET (US)
baltica, be careful adding the boat to homeowners policy. The homeowners policy excludes medical payments for insureds. The boat policy doesn't. Not a big deal but nice to have some med pay if a family member is injured. Just my .02.
posted 05-28-2002 10:08 AM ET (US)
I have been shopping for insurance for my whalers and discovered that you can get a NADA replacement value type insurance,....the least expensive...or....the Agreed Hull Value...you tell them what you want it insured for and if it is totalled thats what they will pay. period.
Now thats only if your company pays......doubt the crane operators insurance companies feels the same way. Good luck.
posted 05-28-2002 08:22 PM ET (US)
Pops - If you don't hear from the trucker's insurance company in two or three days, go to your own insurance company, and let them deal with the problems of working with the truck insurance carrier. Truck insurance is notoriously bad in responding to third party (yours) claims.
Immediately get your boat over to a Whaler Dealer and find out where you stand technically on the repair, and it's cost.
The other party is also liable to furnish you a replacement boat while yours is out of service, as with an auto. So you can rent some boats for your normal recreational activities that the trucker caused you to lose. They'll complain about this, but they WILL pay. They have no choice. If you get stonewalled by the truck insurance carrier, report them to the state ins department.
Good luck with this unfortunate incident.
Incidentally, after you get the boat fixed, I'd probably sell it. It's doubtfull it will ever be as good as new.
posted 05-28-2002 09:36 PM ET (US)
The truckers insurance company called me this morning to get my story. Hopefully they will see the boat tomorrow. The trailer is badly damaged as well. The platform that holds the wench is twisted and the wench is broken. I guess i could tow it, but not very safely.
Are there any stringers that go up the sides of the transom (on either side if the motor) on the Montauk? I would think that if there are, that would make repairs even tougher and more expensive. Oh well, I'll keep you posted. Maybe I'll rent a boat this weekend and charge it to the insurance company.
|david in boston||
posted 06-03-2002 12:10 PM ET (US)
I got hit from behind last june at a stop light on cape cod by a full size Doge pickup. it hit the prop of my brand new tohatsu 70 and pushed the boat up about 3 feet, bending the tounge of the trailer like a pretzel. the bow saftey chain kept the boat from going right up and over the winch and into my rear window. the only damage to the boat was a mangled prop and skeg. the hull was untouched. no cracks, dents, nothing. the trailer was a wreck though. goes to show, whalers are stronger than steel. I have a 72 whaler basstauk, (bassboat 16 with a bow rail)
Its a great boat. good luck with your boat. the damage in my case was paid for by the truck owner's insurance, no problem. I did bring it to my whaler dealer to check it over carefully. David
|david in boston||
posted 06-03-2002 12:16 PM ET (US)
one more thing ...
I always jam a 2x4 under my engine and trim/tilt it down until it is squeezed between the lower unit and the engine bracket to keep it from bouncing while trailering. the 2x4 snapped/crushed and probably absorbed alot of the initial impact. otherwise, I am sure the lower unit would have been damaged. David
posted 06-10-2002 10:45 AM ET (US)
The insurance company got back to me late last week and they have decided the boat is totaled. They told me according to the NADA guide that boat/motor/trailer are worth $4,710. average retail price. I was not happy...to say the least. I insisted that they use other methods of determining the value of my boat. They did and we have agreed on a value that I feel is fair. Now I need another boat. I'll post a WTB in the marketplace.
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