Terry in Houston had roughly a thousand miles on a frame-off restoration of his numbers-matching 1965 Oldsmobile 442 when the floodwater arrived. The question he posted to a club page is the one every owner dreads: repair it, or take the insurance money and let it go. There is no clean answer, but there is a right order to think about it. Read on to find out what actually happens to a freshly restored classic once the water recedes.