Marine and Boat Insurance for the waters of Ontario

Whatever type of watercraft you have, protect your vessel and investment with Boat Insurance

Is Marine Insurance required in Canada? It isn’t, however the financial impact of not having Boat Insurance can be detrimental if you find yourself in that position. Having Marine Insurance means you have protection for your boat, your personal belongings, liability claims and have access to emergency services and boat removal in case of a loss.

We cover:

  • Sailboats

  • Personal watercrafts

  • Pontoons boats

  • Jet skis / sea doos

  • Fishing boats

  • and more…

Factors that affect your Boat Insurance:

  • Navigational region

  • Experience

  • Canadian Power Squadron Discount

  • Cruising or Yacht Club membership

  • Driving record

  • Liability limits

  • Value of your boat

Boat Insurance Coverage Provides

  • Liability Coverage

    This coverage provides protection in case you cause injury or damage to someone's property while operating your watercraft. It covers legal fees, medical expenses, and property damage claims.

  • Physical Damage Coverage

    This policy covers repairing or replacing your watercraft if damaged or destroyed by an insure event. For example a collision, windstorm, or theft.

  • Uninsured/Underinsured Watercraft Coverage

    This coverage is for if you are involved in an accident with an uninsured or underinsured boater and helps pay for your medical expenses and any property damage.

  • Wreck Removal

    This coverage is essential because removing a damaged or sunken boat can be expensive and pose environmental risks if not handled properly. This will help cover the wreck removal expenses, environmental cleanup, and liability protection.

  • Emergency Services and Towing

    Did you know it can cost $400/ hr to tow your boat without insurance? This coverage assists with the cost of towing your disabled watercraft to the nearest repair facility and covers emergency services like fuel delivery or jump-starts.

  • Personal Property Coverage

    This coverage be add to your policy to protect your personal belongings on your watercraft in the event of a loss due to an insured peril, like, fishing equipment, depth finders, and life jackets.

Protect yourself and your vessel on the lakes of Ontario. Contact us for a free quote today.

Couple out on the water in Ontario with their speedboat and forest trees in the background