Should You Buy Boat Insurance For Your Boat?

I know that car insurance is something that must buy for the entire car owner. You can't renew your road tax without the car insurance policy provided. I actually just know that they are insurance for boat too. I wonder the boat insurance available in the market is it same like car insurance or not? It is necessary buy for boat owner too. I just curious and wish to know more about it.

Actually, I think buying the boat insurance shouldn't be a problem for those who own a boat. I am sure they will be very happy to get protection for their "vehicles". No matter the "vehicles" is using on road or sea, they are having the risk too. This might damage or spoil the boat or car in any accidents. There are too many unexpected accidents happen every day, so you had better get ready some protection for your assets. So that, you don't need to worry about spending huge amount on repair fees when something bad happen.