Toronto Save Big on Boat Insurance!

Name: Leibel Insurance
Brand: Leibel Insurance
SKU: Leibel Insurance
Availability: InStock
Rating: 4.9 (1276 reviews)

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 (866) 484-8880 now to speak directly with an Insurance Specialist about Toronto Save Big on Boat Insurance! or complete a no-pressure no-obligation quote request form.

Full Coverage Alberta & Ontario 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.

Here at Leibel Insurance Group we’ve been specializing in Boat Insurance, yacht and personal watercraft insurance for over 30 years! We offer competitive rates, and premium coverage for any type of watercraft, from a high-end yacht, to sea-doos and everything in between.

Different types of Boat Insurance Coverage

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 coverage that can be found in a boat insurance policy:

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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.

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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.

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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.

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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:

All boaters operating on Canada waters are required to have the Pleasure Craft Operator Card in order to operate a powered watercraft. Visit www.boaterexam.com for more information.
Your Home Insurance offers very limited coverage for watercraft, and may not fully cover you in the event of a claim.
Guaranteed Replacement Cost Coverage available for many types of watercraft.
Discounts available to those with boating safety courses.
For additional savings, we may be able to bundle your watercraft coverage with your home.
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.
Premiums are based on the length, horsepower, speed of the boat, and your boating experience.
Pollution/spill liability (containment, clean-up and property damage related to the sudden and accidental spillage of fuel).
Wreck removal and emergency towing coverage available.
Worldwide coverage available.

Why Choose Leibel Insurance Group For Your Boat Insurance in Canada?

Our knowledgeable and experienced staff 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!