Save Big on Boat Insurance!
Boat Insurance Keeps You Afloat
Whether You Own a Sailboat or a Motorboat we’ve got you Covered! Get a Boat Insurance Quote in Minutes!
- Cover Yourself in the Event of a Boating Accident
- Protect Yourself from Unexpected Liability Claims
- Guaranteed Replacement Value on New Boats
- Know You’re Covered if Your Boat or Onboard Equipment is Stolen or Destroyed
Call us now to speak directly with an Insurance Specialist about Save Big on Boat Insurance or complete a no-pressure no-obligation quote request form.
Full Coverage Boat Insurance Provider at Your Service!
You take care to insure other major purchases in your life, why should insuring your boat be any different? Leibel Insurance Group wants to make sure that you have the right coverage in place to protect you and your family while you enjoy those sunny days out on the water, worry free!
Boat Insurance covers you not only for expenses involved in repairing or replacing your boat, or other personal watercraft, but also covers any potential liability claims that may arise. Consider a passenger slipping and falling on a wet deck, hitting another vessel in the water, or even damaging a public dock. Any of these can leave you open to a potential liability claim, and financial loss.
Comprehensive Boat & Yacht Insurance
Here at Leibel Insurance Group we’ve been specializing in Boat Insurance, yacht and personal watercraft insurance for over 40 years! We offer competitive rates, and marine insurance coverage for any type of watercraft, from a high-end yacht, to sea-doos and everything in between.
What does Boat Insurance Cover?
In Alberta and Ontario, boat insurance isn’t mandatory for boat owners, but it’s highly recommended to protect your investment and provide you with peace of mind. Various coverage options are available to help secure your boat from potential risks, including damage, theft, and liability.
Here are a few types of boat coverages that can be found in a boat insurance policy:
Boat Damage or Loss
Boat Damage coverage is designed to protect you from a wide range of physical damage that can occur to your boat, from minor scratches to major damage caused by accidents or unexpected events. This coverage can help cover the costs of repairs or replacements, offering peace of mind while you’re out on the water. In the unfortunate event that your boat is declared a total loss following an accident, your boat insurance may cover the replacement cost, allowing you to replace your boat without bearing the full financial burden. It’s essential to review your policy carefully to understand what types of damage are covered, as different policies may have varying exclusions or limitations.
Third-party liability coverage
Third-Party Liability coverage is crucial for any boat owner, as it protects you if you’re involved in an accident where you’re found at fault. This type of coverage can help pay for costs associated with property damage you cause to another person’s property or any bodily harm to others involved in the accident. It ensures that you are financially covered against potential legal and medical expenses.
Uninsured Boat Insurance
Uninsured Boater coverage is an important addition to any boat insurance policy, as it protects you if you’re involved in an accident with another boat owner who doesn’t have insurance. Since boat insurance isn’t mandatory, it’s not uncommon to encounter uninsured boaters, making this coverage especially valuable. If an uninsured boater causes damage to your boat or injuries to you or your passengers, this coverage can help cover repair costs, medical expenses, and other related damages, ensuring you’re not left with unexpected financial burdens.
Comprehensive coverage
Comprehensive coverage is a crucial aspect of boat insurance that provides protection all year round. This coverage safeguards your boat from a wide range of external threats, including fire, lightning, hail, theft, vandalism, or explosions. It ensures that your boat is protected, even when it’s not in use, offering peace of mind against unexpected incidents that can occur on or off the water. Comprehensive coverage can help cover the costs of repairs or replacements, making it an essential choice for any boat owner.
Some things to consider when looking to insure your boat:
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All boaters operating on Canadian waters are required to have the Pleasure Craft Operator Card in order to operate a powered watercraft. Visit www.boaterexam.com for more information.
- Guaranteed Replacement Cost Coverage available for many types of watercraft.
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Your Home Insurance offers very limited coverage for watercraft, and may not fully cover you in the event of a claim.
- Premiums are based on the length, horsepower, speed of the boat, and your boating experience.
- Wreck removal and emergency towing coverage available.
- Loss of use coverage is available so you don’t have to cancel your vacation! Cost of a rental watercraft, or additional living expenses incurred while your boat is being repaired or replaced.
- Discounts are available to those with boating safety courses.
- Pollution/spill liability (containment, clean-up and property damage related to the sudden and accidental spillage of fuel).
- For additional savings, we may be able to bundle your watercraft coverage with your home.
- Worldwide coverage available.
Call us now to speak directly with an Insurance Specialist about Save Big on Boat Insurance or complete a no-pressure no-obligation quote request form.
Insurance for different types of Watercrafts
Jet Boat Insurance covers you not only for expenses involved in repairing or replacing your jet boat, but also covers any potential liability claims that may arise. Consider a passenger slipping and falling on a wet deck, hitting another vessel in the water, or even damaging a public dock. Any of these can leave you open to a potential liability claim, and financial loss.
River Boat Insurance covers you not only for expenses involved in repairing or replacing your boat, or other personal watercraft, but also covers any potential liability claims that may arise. Consider a passenger slipping and falling on a wet deck, hitting another vessel in the water, or even damaging a public dock. Any of these can leave you open to a potential liability claim, and financial loss.
Sail Boat Insurance covers you not only for expenses involved in repairing or replacing your sailboat, or other personal watercraft, but also covers any potential liability claims that may arise. Consider a passenger slipping and falling on a wet deck, hitting another vessel in the water, or even damaging a public dock.
Boat Insurance
By City:
- Boat Insurance Calgary
- Boat Insurance Edmonton
By Province:
- Alberta
- Ontario
FAQs
No, boat insurance is not mandatory for operating a recreational boat, unlike car insurance. However, it’s strongly recommended because boats face various risks both on the water and in storage. Having insurance protects you from potential financial burdens due to accidents, damage, or theft.
You can buy boat insurance through various insurance companies, each offering different rates and coverage options. To find the best rate for your specific needs, it’s a good idea to work with an insurance broker like Leibel Insurance, who can compare multiple policies and help you secure the best deal.
To get the lowest boat insurance rates, you can take several steps: install anti-theft devices on your boat, increase your insurance deductible, bundle your boat insurance with your home or car policies, and maintain a clean boating record with no claims. These factors can all help reduce your premiums.
Yes, you need a license to operate a recreational boat in Alberta. It’s called the Canadian Pleasure Craft Operator Card (PCOC) and is required nationwide to legally drive a boat.
Why Choose Leibel Insurance Group For Your Boating Insurance in Alberta & Ontario?
Our knowledgeable and experienced insurance brokers will work with you to ensure you have the proper coverage in place for your particular needs. Whether it’s basic coverage for your weekend fishing trips, guaranteed replacement cost coverage on your new speed boat, or somewhere in between, we have you covered!
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