Boat Insurance in Ontario, Canada
Smooth Sailing With the Right Protection
Whether you own a fishing boat, sailboat, or personal watercraft, the right insurance ensures you’re protected both on and off the water. At Solutions Insurance Group, we provide tailored boat insurance so you can enjoy your time on the water with confidence.
🔎 What Is Boat Insurance?
Boat insurance protects your watercraft, passengers, and liability if an accident happens. Like auto insurance, you pay a premium, and your insurer covers financial losses due to damage, theft, or liability claims.
Coverage may include:
- 🚤 Repair or replacement of your boat if it’s damaged or destroyed
- ⚖️ Liability if you injure someone or damage another person’s property
- 🛟 Medical expenses for you and your passengers after an accident
- 🔒 Protection against theft, fire, storms, or vandalism
- 🚚 Coverage for trailers and boating equipment
📝 Is Boat Insurance Mandatory in Ontario?
Unlike car insurance, boat insurance is not required by law in Ontario.
However:
- Most marinas require proof of liability coverage before docking
- Many lenders require insurance if you’ve financed your boat
- Without insurance, you could face significant financial loss in case of damage, theft, or liability claims
🌟 Optional Boat Insurance Coverages
Depending on your needs, you can add extra protection such as:
- Comprehensive Coverage – Covers theft, fire, storm, and vandalism
- Collision Coverage – Pays for damage to your boat if you collide with another vessel or object
- Emergency Towing & Assistance – Covers costs if your boat breaks down on the water
- Accessories & Equipment – Protects fishing gear, water skis, GPS, and other onboard equipment
- Personal Watercraft Coverage – Tailored protection for Jet Skis, Sea-Doos, and similar craft
🛡️ Why Insure Your Boat Through a Broker?
Our brokers compare multiple insurers to find the best protection for your vessel and lifestyle. With us, you’ll get:
- ✅ Competitive rates from Ontario’s top insurers
- ✅ Coverage tailored to your boat type and usage (seasonal or year-round)
- ✅ Advice to avoid costly gaps in protection
