Watercraft

Lifestyle

Your Freedom
Does Not Deserve a Maybe

If your insurance doesn’t properly protect you, then what are you really paying for?

At NIB, we recommend comprehensive protection that’s tailored to your unique way of life. And in the unfortunate event of a claim, we’re here to advocate on your behalf and ensure your protection responds the way it should.

Below is an overview of the standard coverages we recommend for all of our clients – contact our team today for a personalized solution built around your unique needs.

My Watercraft

What’s at Risk Our Recommended Best Protection

How do I insure my boat, motor, and trailer?

All Risk Protection

All Risk Protection provides the widest range of coverage available. With All Risk Protection, you'll be covered for everything that could happen to your boat, motor, or trailer, unless it is specifically excluded from your policy.

Are the contents of my boat, such as a depth finder or downriggers, covered?

Optional limits apply for the contents of the watercraft (Personal Effects Protection)

Coverage is available for personal effects and any accessories that you may have installed on your boat. Contact us today and we'll ensure that you have the proper protection not only on your boat, motor, and trailer, but everything that makes your boating experience unique.

Am I covered if I hit someone?

Liability Protection

Third-party liability insurance covers you in the event that you need to make a claim for legal expenses for damages to others as the result of an accident. Knowing how much liability you need can be difficult to predict. To be safe, we often recommend higher limits in order to keep yourself protected and account for unpredictable situations.

Additional Protection

If my boat is damaged, can I have one to use until mine is fixed?

Loss of Use Coverage

This coverage will provide you with a comparable rental watercraft in the event that yours is damaged in an accident. As long as the claim is covered by your policy, Loss of Use coverage lets you stay on the water while your repairs are being completed.

What if my boat sinks?

Wreckage Removal

When a vehicle gets into an accident on the road, cleaning up the wreckage is usually a straightforward process. However, when a watercraft is in an accident on the water, cleanup can be a lot more costly and hard on the environment. This coverage will ensure that you won't have to pay high wreckage removal or environmental costs associated with the clean up of an accident.

Savings & Discounts

Combined Insurance Policy Discount

We will look for the best solution, whether adding to your existing policy or placing you with a company that specializes in watercraft insurance.

One of the easiest ways to save money on your watercraft the same company you carry the rest of your insurance with. Not only does this earn you a discount, but many of our providers also add increased protection and other perks when you combine your policies. Plus, with the same renewal date, all of your insurance needs can be reviewed at the same time each year!
If this is not possible, we will set you up with a standalone watercraft policy from one of Canada's top specialty watercraft insurers.

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Watercraft

Your Freedom Does Not Deserve a Maybe

My Watercraft

Your Freedom
Does Not Deserve a Maybe