FAQ Category: Boat Insurance
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Does boat insurance cover transport by trailer?
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Yes, most policies extend coverage to transportation. This includes protection against damage while towing your boat and liability coverage for accidents caused during transport.
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What does boat insurance cover?
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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.
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Is boat insurance mandatory?
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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.