Compare Boat Insurance

You could save hundreds of dollars a year by getting multiple boat insurance quotes

Get up to three boat insurance quotes by answering a few questions

How to shop for your next boat insurance policy on Hardbacon

Comparing the prices of several insurers before choosing a boat insurance policy generally saves hundreds of dollars a year. Follow these 4 steps to do so.

Tell us where you're located

The first step is to enter your province of residence in the box on the left, and click on the “Compare prices” button. Your province will help us redirect you to the appropriate partner.

Tell us more about yourself

The second step is to complete our partner’s form, which will begin by asking you for your contact information and other personal information that is required to obtain boat insurance quotes.

Tell us more about the type of driver you are

The third step is to answer questions about your record as a driver, and about other drivers who will be using the boat you wish to insure. Here you’ll indicate if you have a boat operator’s license and if you’ve ever had an accident on the water.

Tell us more about the boat you want to insure

The fourth and final step before you can submit your application is to answer questions about the boat you wish to insure. Here you’ll indicate the boat make, model, year and motor type.

Some tips to save on your next boat insurance policy

Navigate carefully

A great way to save on your boat insurance is to sail carefully. Avoiding rough waterways during bad weather or when the wind is too strong could prevent making claims on your insurance policy.

Get a few different quotes

It’s no secret. To save money on insurance, you should shop around and get quotes from several companies. Using a price comparison tool is a great way to save money while ensuring you find the best insurance for your needs.

Combine your insurance products

Did you know that most insurers will provide considerable discounts if you consolidate all your insurance with the same carrier? Moreover, many may ask you to insure your boat and your home in the same place to offer you insurance. Ask about the possibility of grouping everything together, as you could save money.

Keep your training up-to-date

A well-trained captain is likely to claim less often in the eyes of insurers. Several companies offer boat refresher training to licensed operators. Make sure you continually improve your nautical knowledge and keep your insurer informed in case it helps to reduce your premium.

Frequently asked questions about boat insurance

How much is boat insurance?

The price of boat insurance can vary depending on several factors, including your boating experience and the type of boat you wish to insure. To find the right insurance at the right price, use a price comparison tool to shop quickly and find your insurance in just a few clicks.

How do you insure boat?

To insure boat, in general you must deal with your homeowner’s insurance providert. You can also use price comparison tools to find comprehensive watecraft insurance that will meet your needs, in just a few clicks.

Do small boat have to be insured?

No. Although it is strongly recommended to insure your boat or small craft, it is not required to do so. Certain exceptions may apply; for example, if you took out a loan to purchase your boat, some financial institutions may require you to purchase insurance. Ask about this.

Do you need boat insurance in Canada?

In Canada, no law requires you to insure your boat. However, insuring your boat helps you secure your property if an accident occurs. Added to this is the damage you could cause to others in the event of an accident. Liability coverage is beneficial in this regard. To navigate with peace of mind, taking out boat insurance is always a great idea.

Does boat insurance cover a blown engine?

There are various types of coverages available to properly insure your boat. You should review your insurance policy to validate this information. Otherwise, contact your agent or broker to discuss coverages, as they’ll be able to help you.

Is my boat covered under my homeowners insurance?

Yes, several insurers will offer you boat insurance when you have residential (home, tenant or condo) insurance with them. To find out if this is the case, contact your insurer. Otherwise, there are other boat insurance products on the market that might meet your needs.

What does boat insurance not cover?

boat insurance can provide basic coverage, such as liability protection for example, as well as several additional coverages. You can choose insurance coverages to best suit your needs and your budget.

Do you need a marine survey to get insurance for my boat?

Yes, as a general rule, it is possible to insure your boat without a marine survey in Canada. Note, however, that some insurers may ask you for a pre-insurance appraisal if your boat is older, regardless of the type of boat owned.

Does boat insurance cover sinking?

There are several different boat insurance products on the market in Canada. To find out exactly what is or is not covered by boat insurance, contact your insurer directly or check your insurance policy.

Get the best price for your boat insurance

Get up to three boat insurance quotes by answering a few questions