Re: [OMC-Boats] Replacement value for 1967 Evinrude? from BC Howk on 2010-01-08 (OMC-Boats Mailing List Archive)

From: BC Howk <bchowk@...>
Date: Fri, 08 Jan 2010 14:42:34 -0600 (CST)

Sherrie,

I think Justin may be on to something here....Isn't the real key the boats condition? Sure you can find an old Evinrude 16' on ebay, maybe, however I think most folks on here can attest....finding one that has been garage kept and well maintained for 43 years is another matter.

Maybe I'm an idealist but Justin is right! It should be the insurance companies job to make it "right" (That's what you pay them for) so if they can find one in equitable condition for $1500 + inspection +shipping....take the money and snap it up....I suspect if you dig into the details of what they are calling "comparable" you will find that they may not be in that great of shape. I know I have, and suspect most folks here have spent well more than $1500 "fixing up" their classic OMC boat, and mine was in pretty reasonable condition when I started. so getting the boat "whole" may not be as economical as they think.

Hope this helps......tragic indeed

Cheers,

B.C.

Jan 8, 2010 10:49:58 AM, omc-boats@...e.com wrote:

I don't know how I could help, but I'd testify that I'd want at least
$3000 for my 67 Surfer. If putting that in writing would help, I'd be
happy to. That said, he doesn't get to put a price on his boat. If the
insurance comapny can find one in comparable condition for $1500 thats
what they have to pay. They only have to make you whole again. But if
they offer $1500 and a replacement is more than that, then they have
to pay what it takes to make you whole. I hope it works out.

On Fri, Jan 8, 2010 at 1:18 PM, Andy Perakes wrote:
> Hi, Sherrie. That is a tragic story indeed. If I remember right, mine is
> insured for $4400 Canadian (it matched the 3000 US$ when I exported it and I
> haven't changed it even though the exchange is close to parity now). I'd be
> willing to send you a copy of my declarations page documenting the value if
> it would help. Initially they would not insure it without a marine survey,
> but finally agreed to match the current insured value since neither they nor
> I was able to find anyone willing to survey it.
>
>
>
> ----- Original Message -----
> From: "Phil Budne"
> To: omc-boats@...
> Sent: Friday, January 8, 2010 12:32:58 PM GMT -05:00 US/Canada Eastern
> Subject: [OMC-Boats] Replacement value for 1967 Evinrude?
>
>> From: Sherrie Idol
>> To:
>> Subject: 1967 Evinrude 16'
>> Date: Wed, 6 Jan 2010 10:26:56 -0500
>>
>> Hi Phil,
>>
>> I'm located in Boone, NC and am helping a friend. He's 70 years old
>> and has owned his 1967 Evinrude 16' since 1968. He purchased it
>> practically new and has kept it in his garage after every venture.
>> It has little scratches, but just wear and tear. He brought it to
>> us to repair a bearing and someone in a dumptruck with no drivers
>> license came down our rear parking lot and hit it. The driver was
>> an illegal, working for a construction company who is building and
>> widening a highway in our town. A police report was filed, but now
>> Zurich, the insurance company is offering my neighbor and friend
>> either $1000 or 1500, I can't remember exactly. He wants $2500.00
>> for the boat or whatever he can get to purchase another one. It
>> means a lot to him, not to his wife, but him..ha Zurich said they
>> saw one on Ebay for $1000 or $1500, but my insurance company said if
>> I'd get three estimates on what people want for them, they would
>> have to use those figures. Is there any way you could possibly help
>> us? All he's asking for is $2500 and I don't think that's too much
>> for the boat. I need to see if I'm thinking correctly and wanted an
>> opinion for an expert on these boats, so I am turning to you.
>>
>> If you could possibly help me with this, I would truly appreciate
>> it. He's a good friend and neighbor and whatever you tell me I will
>> go with. Thank you so much Phil and I'm so glad I run across your
>> website. Take care.
>>
>> Blessings to you,
>> Sherrie Idol
>
>
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Received on Friday, 8 January 2010