This.
And yes, I fully agree the solution is a wrecking facility. Not more rules.
Requiring compulsory insurance wont do anything for the many hundreds of already abandoned boats around the district. Erm, they are already abandoned...
It wont do anything for all the people who's boat is at end of life, and want to get rid of it in some sort of responsible way. There are a lot of people that are in that camp. Currently, the only option is to give it away to someone else. That doesn't actually solve the problem of the end of life boat, it just shifts it to a different person.