That's awesome. Your liability coverage is too low in my opinion. If you or I hit another boat, would be easy to do damage of a million or more. I went with $300k because my umbrella kicks in above that up to $2,000,000, which feels relatively safe. In truth, no number is totally safe because if one injures or kills a high earner (as so my boat owners are), the liability could be nearly unlimited. Ideally, one's coverage dwarfs one's total assets so they don't come after you personally. Given that I'm worth significantly more than my umbrella limits, I ought to have more too. Your message is valuable because it's inspired me to call my agent and ask what it would cost to go to $5,000,000.I’ve got a 100,000 $ coverage for a 38 Morgan I put 10 , 000 On it and told them I would increase after I did bottom paint and compound the hull for a month then they called me and said the underwriter said the boat retails for 40,900 and they had to increase to low retail of 40,900 my monthly payment was 38$ a month for 10,000 $ and it went up to 61$ for 40,900 and I said ok no problem and thank you ! This boat just keeps getting better with time !