Hi,
yes, my home owners policy did give me a generous compensation, considering it was older, but in good condition, (as plastic kayaks may get scratched but don't wear out) I kept it right next to a public parking lot, and in summer the area is nearly covered by tall weeds. (And I was away on vacation the week it happened!)
Hopefully when I buy a new boat, I might take offers of friends to store it in a garage, or a private yard, Considering also getting a locking car roof rack, and/or a heavier Kryptonite chain. If it takes a half hour to saw through one, that would be a deterrent!
There is a small public beach in front of another condo here, on the harbor, where some less expensive boats are kept all year round. They're more exposed to the elements, but having the neighbors porches and windows right there, may be more safe.