There are various boats of all kinds, from small, wooden sailboats to large, luxury yatchs. No matter what kind of watercraft you own, one factor remains the same. If you own a boat then you should purchase some kind of insurance for that boat. A boat insurance policy will financially protect you if anything happens to your vessel while taking it out on the water or while docked at the marina. When looking for the best boat insurance policy, dont be hasty, do yor research first and get a number of quotes from different companies before choosing the policy that suits you best.