Liability is always required, but here in Florida
the premiums have tripled and quadrupled for full coverage and many boats have dropped it. Even with full coverage here they won’t insure you during hurricane
season and the deductibles are astronomical! All I want to do is get my mast
painted without adding $12k to the bill for a years worth of insurance. The very reputable yard I normally go to doesn’t have room to layout mast and tent it, otherwise they would be doing the job. Even they were flabbergasted by the other yards requirement for full coverage. They’ve never required that and their yard is full of mega yachts.