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HomeBoat Insurance

Boat Insurance

From bow to stern, we’ve got you covered.

We’ll help find the best policy to make sure you’re covered out on the water (and at the pier!)

Protect what you love from what you don’t love: the unexpected

What if your expensive fishing gear gets damaged?

If your gear gets damaged or lost in an accident on your boat, your boat insurance can help cover the cost to replace it, so you can get back out on the water.

What if you accidentally damage your boat?

Boat insurance protects your boat in case of damage and protects yourself in case of liability if you accidentally injure someone or damage their property while using your watercraft.

What if your boat or equipment was stolen or vandalized?

Chances are you store your boat somewhere. And chances are you may not always have eyes on it. Boat insurance can help protect you financially from these unforeseen incidents.

Work with Our Specialist to Make Boat Insurance Easy

Owning a boat or recreational watercraft can be fun. But chances are, it was a big investment – an investment that’s exposed to unique hazards both on the water and in transit. Protect your boat and your interests with boat insurance so you don’t have to worry as you get ready to make waves.

Boat insurance costs and coverage

Spend more time enjoying being on the water than worrying about your insurance. Our insurance coverage is a simple, affordable way to protect yourself and your boat from the unexpected. Customize it by choosing coverages and limits that make sense for you. You’ll get quote package options to choose from instantly. Some of the coverages available include:

Hull & Machinery Coverage

This coverage protects you after an accident in case of damage, including your equipment, sails, and hull.

Personal Effects & Additional Items Coverage

This protection can be added to your policy to cover additional items like a trailer, boat lift or boat house. You can also customize your personal effects limit to cover your belongings on board your boat, like your expensive fishing gear.

Liability Coverage

This protects you financially if you accidentally injure someone else or cause damage to their property.

Rental Expense Coverage

This covers the cost of renting a similar boat until yours is repaired if your boat is damaged in an incident covered by your policy.


Is boat insurance mandatory?
Not always. However, there are many reasons to get it and some scenarios where it will be required. It will protect your boat in case of damage and protect yourself in case of liability. If you’re financing your watercraft, carrying boat insurance is probably required as part of your financing agreement. Even if you paid cash for your boat, you don’t want to lose that sizable investment if an accident occurs. Marinas or storage facilities may also require you to have insurance in case you or your boat cause damage to their property or another boat.
What information do I need to get a quote?

To get the best price and the right coverage, we’ll need some basic information about you and your boat. It’s okay, they’re not super hard questions or anything. Questions may include:

  • When would you need your coverage to start?

  • What is the boat or watercraft’s size, age, make, model and value?

  • What type of engine does your boat have?

  • What is the location and nature of use?

  • How do you store your boat?

  • Do you have any other equipment or personal effects you want to cover?

  • What is your insurance and claim history?

One of our Insurance Specialists will be sure to get you the right coverage. Each package is unique, and some may have more complex insurance needs. We’re happy to help you get started with your quote anytime (and are here to help if you have questions!)

What does boat insurance cost? What affects the cost of my insurance?

Our online boat insurance coverage is totally customized for you, based on your boat and your needs. The cost of your specific policy depends on factors like: 

  • The type of boat you have

  • The make and model of your boat

  • How and where you use your boat

  • Where you store your boat

  • Any optional coverages you add to your policy, like personal effects coverage or your trailer and boat lift

What does boat insurance cover?

Boat insurance covers your boat after an accident, including your equipment, sails, and hull. It’ll protect you from accidental boat damage and personal injury (liability) situations.

It can cover a wide range of personal vessels, such as:

  • Sailboats

  • Pleasure craft boats

  • Pontoons

  • Cruisers

  • Personal watercrafts, like ski-doos and jet skis

You can also cover your personal effects like a trailer, boat lift or fishing gear.

Heads up! For commercial boating insurance, like tour operations or hauling, you’ll need a different type of coverage. Contact our insurance Specialists today to help you obtain the coverage you need.

What do I do if I have to file a claim?

If you need to file a claim, it’s okay, don’t worry, we’ll do it with you. We know accidents and claims happen, we’ve seen and heard it all. As your insurance partner and advocate, we will help you through it. Call us at 1-833-745-0299 and we’ll be here to help you navigate the situation, 24/7.

We love our clients.
Turns out, they love us too.

I like the way everything was explained and made it easy to understand my policy.
Laurie V.
…great service and price on insurance.
Kevin F.

At Insurance Store, we offer boat insurance to those in Woodstock, Chatham, Collingwood, Barrie, Windsor, and the rest of Ontario.

Open for business, and ready to help with all your insurance needs by phone or email. Contact Us Now