My Cobalt 2015 220 sank with 25 hours on it.. HELP

bajaunderground

Lieutenant
Joined
Apr 18, 2008
Messages
1,401
Read your policy...most insurances companies get to make the decision on what repairs vs replacement costs are involved. Unless your policy says otherwise?

​I would call Cobalt and ask them to restore it? I'm not sure if they're in that business, but being you just purchased 25hrs ago...they might be willing to help you out?

​I agree with all that has been stated, muc had the most inclusive level of repairs...Cobalts cover everything in vinyl, so all that will need pulled and replaced. The foam chambers that should be filled with foam, after 3 days they are now also filled with water, which will never dry out unless you vacuum the hull (as muc suggested) I bet you're looking at $30-40K for all that work when the dust settles.

​I am questioning why the foam floatation failed to keep the boat from sinking to the bottom? I'm thinking that's a question for Cobalt? It's a moot point from a claim standpoint, but it's definitely a red flag.

​Good luck with this headache...the only silver lining is that boating season was/is mostly over in that neck of the woods!
 

tpenfield

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Joined
Jul 18, 2011
Messages
18,453
A few more comments . . .

Just checking the NADA value of the boat, it is in the $48-50K range, so one would assume that the estimate to fix it is less than that. (seems like it would be a close call)

The foam chambers may have some water in them (or they may not if sealed well during the hull construction), but the boat being new, the foam would be in good shape and not likely to absorb the water. As to how any water in the foam chambers would be removed, that is an interesting question :noidea:

The fact that the boat should not have completely sunk is a question to address with the manufacturer, as maybe it would be best if they have a look at it, and possibly they 're-manufacture' it.
 
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