sestud69 asked:


I had motor issues with my boat and it came to the point where the marina that is housing the boat advised me to file a claim. My insurance company came by and the motor had to be dismantled. The insurance company paid for that but they are denying my claim because the risers are worn and torn. So now I have a boat with no motor sitting at a marina and I still have 2 years to pay off on it. I called the finance company and they asked me if I wanted to “volutary surrender the boat” – What does this mean? I can’t afford a new motor and to pay off the finance on the boat. Please help Thank you!

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