Ouch! The higher the price tag … the more expensive the mishaps! But then, if you can't afford the upkeep and repairs, then you really couldn't afford the asset in the first place, right? Applies to boats, real estate, automobiles, …
@thewatersphotos I know in my area, there are issues with boats sinking and the owners abandoning them. Some boats are old and not worth rescuing, since it can be costly and they have no insurance.