Get the right watercraft insurance and enjoy boating season
Whether you own a rowboat, bass boat, runabout or a cabin cruiser, coverage is available to protect your boat, motor, trailer and accessories. If you own a smaller boat under 25 feet in length, it can usually be insured on your property policy. Medium-size and larger boats over 25 feet should be insured on a specialized marine policy.
Marine policies offer greater flexibility as they allow you to choose the level of coverage you need. They also offer some extras at no additional cost including:
- loss of use coverage – for a temporary replacement if your boat is being repaired after a claim;
- contents coverage for your personal belongings;
- emergency towing if you are stranded on the water.
To operate a watercraft in Ontario, you must obtain a Pleasure Craft Operators Card and your automobile driving record is also reviewed. An unacceptable driving record can prevent coverage from being purchased.
Other types of watercraft insured on a property or marine policy are: canoes, sailboats, pedal-boats, row boats, kayaks, jet skis and wave runners. Marine policies can also accommodate houseboats and pontoons. Always remember to report any new watercraft purchases, as they must meet the policy qualifications and be listed in order to be covered.
There are many things to consider when insuring a boat. Contact us today to discuss your options, or to obtain a free, no-obligation quote.
Excellent staff and they take the time to shop the best rate possible.
I have been with this company for several years now and I am very impressed with the excellent service I always receive. They all seem very professional yet friendly at the same time. Such a pleasure to receive this kind of service these days.
Great deals, honest value, and excellent customer service!
100% satisfied with the brokers here, they were able to give me a better package for a cheaper premium.
Expect only great service, great people and great advice! Newman is like no other brokerage I have seen. They mean to fill your needs. Not their pockets.
Todd is the best broker I've ever had. He always is ready to help and gets the job done even in a pinch. You can count on him for all your insurance needs.