Boat Insurance
From weekends at the cottage to fishing trips, watersports and cruising Ontario's lakes, owning a boat comes with risks that don't end when you return to the dock.
Boat insurance can help protect your watercraft, equipment and finances against covered losses both on and off the water.
Avenue Insurance helps Ontario boat owners understand their coverage options and find insurance suited to their vessel and how they actually use it.
Why Homeowners Choose Avenue Insurance
Boat insurance, also known as watercraft insurance, is designed to provide financial protection against certain risks associated with owning and operating a recreational watercraft.
Physical Damage
Liability
Boat Equipment
What Is Boat Insurance?
Is Boat Insurance Mandatory in Ontario?
The Cottage Building
For most privately owned recreational boats, boat insurance is not legally mandatory in Ontario.
That doesn't mean you'll never be required to have it.
You may need proof of insurance if:
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your boat is financed
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your lender requires coverage
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your marina requires liability insurance
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another agreement requires proof of coverage
Even when it isn't required, consider what it would cost to repair or replace your boat yourself—or respond financially if you're responsible for injuring someone or damaging another person's property.
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