Back in June my 1200 sq.' shop and all contents, including 6 restored w/c canoes, was lost to an electrical fire. Although my shop and contents were well insured my boating coverage was only to $5000 as is the case with most home insurance policies. This includes everything and anything related to boating such as paddles, outboard motors, pfd's, etc. I always thought that I had enough coverage for a single incident such as a theft. I am now looking at a loss far greater. Please check out your home insurance and have it upgraded if need be. You just never know.