Loch Ness Monster Insurance: Scottish Cruise Company Buys Damage Control Coverage

A cruise company in Scotland decided it was better to be safe than sorry when it insured its tourist boats against damage by the Loch Ness Monster.

Jacobite Cruises signed the $1.5 million policy with insurers to celebrate the 80th anniversary of the first Nessie spotting, The Scottish Sun reported.

Owner Freda Newton told the paper she realizes the chances of an accident are slim, but it was a move that had to be made.

"How silly would we look if it did and we weren’t covered for it?” she said.

Who can argue with that logic?

The first photo of the legendary Loch Ness Monster appeared in The Daily Mail in 1934, according to LiveScience.com, but it was revealed to be a hoax.

In August 2012, a sailor who'd spend 26 years searching for Nessie snapped a picture that convinced him the sea creature lived on.