Re-Po boat insurance required?

[maxwell18]

Does anybody know if you give your boat back to the credit union for re-po do you have to keep insurance on it until they sell it?

[jlmaca]

Does anybody know if you give your boat back to the credit union for re-po do you have to keep insurance on it until they sell it?

When they take possession by repo you are no longer liable. I don't know your situation but they can come after you for the difference between what you owe and what they sell the boat for.