Join Date: Jan 2011
Thanked 19 Times in 19 Posts
Rep Power: 7
Re: Is insurance required to enter Bahamas?
If your boat is paid for and not worth much,, the only reason to have insurance is to protect any significant assetts you may have. If you have no such assetts, then you are "judgement proof" and I'd forego insurance. Basically, poor people have no need for insurance.