Your Engine is Shot
Even when a boat owner has followed a rigorous maintenance schedule, a marine engine won't last forever. Quite the contrary; shelling out thousands of dollars to replace a marine engine after only a few seasons of hard use (or neglect) isn't unusual. Pushing a prop through water is much tougher on an engine than pushing tires on a highway. Winter is also tougher, since most marine engines must be idle for several months.
The cost of replacing a worn-out engine isn't covered by an insurance policy. Boat owners typically take a careful look at other options — rebuilds and partial rebuilds — before shelling out thousands of dollars for a spanking new engine.
CHOOSE WISELY AND WITHIN YOUR BUDGET.