Paul Schilter wrote:
Paul,
Well that's interesting! I was under the impression that if I was
getting paid to drive a boat I'd need the license. Thanks for that
information. I figured correctly on the other part and as Peggie pointed
out the insurance would be the show stopper, at least for a prudent
person. If someone was rich enough and stupid enough I guess they don't
have to get insurance. I don't think insurance is required as it is on a
car as far as I know. But thanks for making that clarification.
Paul

Its not at all unusual for people with significant net worth to "self-insure".
A lot of companies do that as well.

Insurance companies are primarily for people who can't afford to take the loss
should it happen. If you are willing to lose the boat without crying over it, and
are financially able to take care of any damage you might cause to others property, you
don't need insurance.

YMMV,

Don W.