Boats Too Costly to Keep Are Littering Coastlines
Boating News
The bad economy is creating a flotilla of forsaken boats, which are environmental and navigational hazards.
Source: NYT > Boats and Boating
That is very sad and I am sure fraud will jump as well. I do not get the whole abandoning the boat if it is paid for already. Dump it cheap who cares and if you can not do that then dry dock it some where. Lots of empty unused farms. Take off insurance and pay the guy a couple hundred to store it. thing get better then you are all set to head out again.
If you owe on it then yes you do have a big issue. Might be wiser to let the repo man get though rather then insurance fraud.