Is your Boat Insured?

When I visited a friend some two years back, he showed us his boat which was docked at the back of his house. I was like whoa! You have your own boat? Then he started talking about how expensive it is to maintain one and how important it is to have boat insurance. It's not like when you own a boat, accidents can happen, but who knows? Spending a few money on insurance is always worth it. It's like protecting your investment. It can save you a lot of money when it gets damamged. And when its your boat causing damage, your insurance will take care of it. Let us put it this way, even if you are a responsible boat owner, there are others around you who are not. Consider the potential risks that could happen, like theft, fire, collission with rocks and collision with another vessel. It's better to be safe than sorry. Protect your investment now!