Well that's not a massive loss then. Thanks for the update.
It's awful to lose any life, limb, property, including boats. Considering the scope of damage, if that's all it turns out to be, it sure could have been a lot worse, and I hope that's all it is.
The class site usually has a fine selection of replacement boats if one wants to stay the course.
I'd imagine it's the shoreside activities which makes up the greater problem - home, work, etc (crew !).