Boat & Seadoo Insurance

Don’t rely on your homeowner’s insurance policy to automatically protect your boat. Ask an advisor about getting protection for your watercraft, outboard engines, equipment and boat trailers.



Find what you need

Want to learn about boat insurance? Connect with one of our experts today to start a quote or ask questions.

Looking for some quick info? Click on one of the below topics to unpack your leisure watercraft insurance!


Liability Coverage

The financial burden of a boating accident isn’t just limited to the cost of repairing or replacing your boat. It would help if you also considered the potential expenses of covering damage to someone else’s property and even medical bills that may arise when people are injured. Liability coverage protects you financially if you’re held responsible for causing bodily injury or property damage.

While Canada may not be known for outrageous personal liability settlements, the cost of these claims is rising. A five-million-dollar case may have been rare ten years ago, but not so much anymore. With inflation on the rise, the compensatory awards awarded to plaintiffs are also increasing. Keep in mind no lawsuit is a quick fix. Some take years for the court to settle, which all adds to the bottom line.

Learn More

Comprehensive Coverage

Add comprehensive coverage for risks such as fire, lightning, hail and vandalism. You face significant risk when you put it away for storage in the winter. We can help mitigate your loss due to theft by having your watercraft insured on a policy. I mean, when was the last time we had a storm in Saskatchewan…

Theft or Damage

Having collision and comprehensive coverage will help repair or replace your watercraft if it’s stolen, in an accident, or damaged by a covered peril like fire or hail. Please don’t wait for the storm to happen, be prepared and protect your investment, whether on land or water.

Vermin Coverage

Mice, rats, squirrels, raccoons, etc. Those little guys sure can cause a lot of damage! Certain insurance carriers don’t tend to cover this common claim for boats. Ask an advisor if your policy offers protection against vermin today.

Search & Rescue

If the policy declaration page specifies fire department and/or search & rescue coverage, the policy will provide coverage up to the indicated limit for charges incurred to save or protect the insured watercraft from loss or damage. Ask your broker to review the limit for you during your next review.

Loan Protection

Did you finance your boat? If you did, you might have also signed up for a form of Life Insurance! Often referred to as Mortgage/Creditor Insurance, this type of coverage is designed to protect the bank if the worst should happen. Find out about the difference in coverage when you have a policy designed to protect your assets and your family.


Don’t see what you’re looking for? CONNECT with our expert team, and let us find the right coverage for you!


Quick Links