WE BOUGHT 2 MORE HURRICANE DAMAGED BOATS! Episode 99 YouTube
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Buying a hurricane damaged yacht! Episode 1 YouTube
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Insurance companies and owners usually give hurricane damaged boats for sale and theft recovery boats for sale at Salvage boat auction in the coastal areas after major storms or other natural disasters take place. A good example of such an occurrence is hurricane Dorian that hit the Bahamas.
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John Patnovic. Chestertown, MD. I run a small boat repair and sales facility in Bristol, RI and have purchased several boats from Cooper Capital Specialty Salvage, LLC for reconditioning. I have always found Cooper to be a terrific source for the types of watercraft that I can market in my area. Dave Parker, Parker Marine.
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In most cases they are insurance claims with minor damage such as turnovers or rain water flooding or something as simple as a pump going off. Boats that are severely damaged are sent to the junk yard to be stripped for parts or scrapped, however those that can be salvaged are usually sold at auction by boat dealers.