Well here's the deal, keeping In mind that I don't know exactly what the insurance company will do.
They may give us some amount of cash settlement if the airplane is not deemed a loss. That would be good.
They may total it based on damage to control surfaces and such. It is beat up pretty bad but I don't know what it would take to deem it not airworthy. I say it is flyable because I have been up twice with no issues whatsoever. But legally I don't know.
The thing is the plane has 14000 TTAF, 2300 SMOH, a beat up interior and now a dented up exterior. Logically/financially it would be best to sell it to the insurance company because we would never be able to sell it for the $20K we could get. However my heart says I should keep the plane and continue to enjoy it because it does fly and run well.
I am not certain I would look to buy it back from salvage auction. Maybe.
I dunno. I really don't want to buy another plane. Sigh.... I really appreciate the thoughts and feedback.
Eric
