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1984 Executive Power Boat Article
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AND THE WIND ROARED: POWER BOAT AUCTION FROM HURRICANES
from: Hurricanes are among the most powerful forces in our weather system, their average speed between 10 and 13 knots. Annually, they cause severe damage and devastation to people, affecting their lives. In Florida, the powerful hurricanes of the past few years have caused havoc among boat owners. Many of them, finding their insurance does not cover the damage caused to their boats, are forced to sell. As a result, there are many power boat auctions from a hurricane.Hurricanes leave people unable to cope with everything at the same time. The amount of work needed to be done can astounding and overwhelming. As a result, a boat owner may have other priorities than recovering, repairing or restoring a damaged power boat. In such a scenario, it is best to look for a reputable salvage company or service provider. They can be expected to handle all the details, including putting the sending the vessel to a power boat auction from a hurricane.
The type of salvage company should conform to a number of basic criteria. It must be able to retrieve, tow and store the boat. These are the very least it should do. It should also be capable and willing to preserve the boat and maintain it until the next power boat auction from a hurricane.
It helps if all salvagers do not act like predators, leaping on the available customer’s boats before he or she has had time to recover from the initial shock of seeing what might well have been a lifetime’s work and labor of love battered and broken.
A good salvage company undertakes the work efficiently; a good customer realizes the need for the salvage company to exist and recognizes it is freeing him or her up to deal with other more pressing matters.
Once the boat is recovered and safely lodged, it is up to the salvage company to arrange a power boat auction from a hurricane. While the boat sits in storage, the owner has a chance to consider how to proceed. Insurance policies might well cover the cost or remaining amount owning on the boat. Unfortunately, some owners will find their insurance was not comprehensive enough. Boats are sometimes abandoned, left to the salvage company.
If an owner still retains control, the power boat auction from a hurricane can be a boon. If he chooses a salvage company wisely, there will be multiple and not single bids at this auction. There could also be the chance of an on-line auction. Whatever means the salvager has decided to use to auction off the cargo, a power boat buyer should be careful when entertaining a bid. The damage to a boat may not be obvious, the serious problems only seen after purchase. These boats may a clear title and no apparent background. The previous owners may not be around. Buying at a power boat auction from a hurricane can very well typify the saying: “Buyer Beware.”
1984 Executive Power Boat News
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