The guy was not a very reliable individual to say the least. He made many poor life choices. He had insurance when he bought the boat apparently let it lapse quit paying because he “couldn’t” afford it. Apparently the bank never found out. At least to his credit he paid the bank off even though he did not have the boat. Could have lied and reported it stolen, but not without insurance!
It is the law to have car insurance too, yet there are tons of people that don’t have it!
I got hit by one once, in a parking lot. Police would not issue ticket or do anything they said the accident was on private property !!! I said I don’t think she flew the car here without driving on a public road? She will be driving home in five minutes! They did nothing!