Join Date: Nov 2005
Location: Milton, DE
Thanked 7 Times in 7 Posts
Rep Power: 11
Re: How many insure their boat with only liability insurance?
When we go, soon please Neptune, we will carry only liability. We can afford the loss of the boat. We can not afford the fines for a fuel spill or recovering the hull should she sink.
That's exactly the point. If you hit someone, or if she sinks, the environmental authorities will want your head on a platter.