Made me wonder if the worst case scenario happened and my boat sunk, how much would it cost to salvage it? I would guess it is not allowed to just leave a boat under the water.
l think there's more than a few boats still sitting on the bottom everywhere...
too difficult/ costly to salvage if there is no insurance...
one near here ( few hundred yds ) old wooden hull converted cray boat owned by an interstate resident, only came down in summer type of thing,
sank on a mooring, no- one local knew who owned it,
was under water for a couple of months before the local boat rego mob put out a navigation hazard warning out,
they had some difficulty finding the current owner as it wasn't registered in his name,
was under water for months after that as the owner wasn't all that keen on paying for it to be refloated ( was worth buggerall prior to sinking )
eventually he paid 5k au for it to be raised and gave it away to the bloke across the road from me,
he put it in the local men's shed where it was repaired by old retired fishermen over time,
it's back in the water, still floats and is waiting for a suitable diesel donk,
still looks like a sunken vessel though