Gifford Carr Insurance Group

Search

Menu

Search

Boat Insurance

Protection for your vessel on every voyage

Whether unwinding on the tranquil lake or lounging aboard a houseboat – your peace of mind is our priority. Our boat insurance solutions are tailored to provide peace of mind and protect every moment on board.

Connect with a broker

What is Boat Insurance?

This insurance offers specialized coverage to protect your watercraft and provide protection for unexpected events. Much like auto insurance, boat insurance shields your vessel from risks such as accidents, theft, liability, and damage.

Types of coverage

Boat insurance offers a range of coverages to ensure the security of you, your passengers, and your boat, including:

  • Emergency towing 
  • Equipment 
  • Liability 
  • Salvage 

Connect with one of our brokers to learn about additional policy add-ons. 

Types of boats we insure

We offer coverage for a variety of watercrafts, including: 

  • Fishing, bass, cruiser, or float (pontoon) boats 
  • Sailboats 
  • Seadoos or jet skis 
  • Speed, water ski, or wakeboard boats 
  • Yachts 

Protection for smooth sailing.

When it comes to protecting your boating adventures, our brokers are here to provide personalized guidance and ensure you have the right coverage for your peace of mind on the water.

Chat with a broker

Frequently asked questions

Find answers to common questions about boat insurance.

Is boat insurance mandatory?

While not required by law in Ontario, having boat insurance is highly recommended. It protects your vessel, passengers, and investment. Some marinas or lenders may also require proof of coverage for compliance with their policies.

What does boat insurance cover?

Boat insurance goes beyond damage to the vessel itself. It also provides coverage for liability for injuries or damage to others, theft, and in some cases, medical payments. It ensures you are protected when enjoying your time on the water.

Does boat insurance cover transport by trailer?

Yes, most policies extend coverage to transportation. This includes protection against damage while towing your boat and liability coverage for accidents caused during transport.

Have more questions?

Contact us for more information.

Get in touch

Insights + Information

Get the latest tips from our experts

1 min read

How to Protect Yourself Against Car Theft

Car theft in Ontario continues to rise. With Toronto continuing to lead the country in number of vehicles stolen each year according to Équité Association, its central location and high traffic make it a thief's paradise.
Read more
1 min read

Flood Damage Prevention

Spring is just around the corner, which means the snow is starting to thaw and the ice starting to melt – it also means increased risks of flooding. To help prevent damage check out these tips for before, during, and after the flood to minimize the impact on your property.
Read more
1 min read

Buying or Leasing a Vehicle and Insurance

Like many Canadians, you may be looking to hit the open road in a new vehicle. If so, you may be weighing the pros and cons of buying vs. leasing a new vehicle. Fortunately, leasing or buying truly comes down to your individual priorities. Curious if leasing or buying a vehicle is right for you and how this may impact your insurance policy? The article below will identify the differences between leasing, financing, and owning a vehicle, and instances where it may be more beneficial to lease or buy. Additionally, we sat down with one of Gifford Carr's personal lines experts, Jessica Elliott, who provided her insight on insurance implications.
Read more
Close
Cancel