You'll enjoy this one...
A friend ran his 36' inboard cruiser onto a reef at the Hillsboro Inlet near Ft.Lauderdale. The tow boats were already waiting there... Apparently the dredging crew moved the channel markers to the wrong location.
Tow boat came along side and asked if he was taking on water. Capt. looked in his bilge, and said"A Little". Mr. tow boat said"Quickly, sign here, we need to get you in. He signed and they were off to a marina with a lift.
Turns out that the tow man had him sign a Salvage Agreement. That allows them to take 14% of the value of the boat. In this case $34,000. How you like me now?
FYI west Marine sells towing contracts for $90-$150. Not too bad.