1 hour ago, TnRiver46 said:

True. But insurance ain’t quite what it used to be either, they are the kings of the lowball nowadays . I’ve had many friends get into year long battles with sleezy insurors after storms blew their houses away or knocked trees right into the living rooms 

That is true, but most of the time cheap insurance gets you the hassle you describe, not all insurance is equal.

My state requires liability coverage for any boat having a 50 HP or larger motor.  Since my boat is financed I'm required to have full coverage.  The policy only covered $2K in accessories on the boat so I placed additional coverage for rods, reels, lures, fish finders, and the trolling motor.  Even after I pay it off I'll maintain full coverage.