I just got a used boat i love the boat but i want to know what is this on the bottom of my hull? The dealer said it was something some boaters put on the bottom of the boat if they leave it in the water for along time. He said it only lasts for a few years then it would start to chip and flake off. Im not too sure about that if its going to only last for few years why would put a keel guard on top of it.