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Boat Insurance in Ontario – Protect Your Watercraft with Confidence

Owning a boat in Ontario is all about freedom, adventure, and time on the water. Without the right protection, one accident can quickly become costly.

At Duliban Insurance, we help boat owners across Niagara and Ontario find affordable, customized boat insurance policies that protect their vessels, passengers, and financial future.

Set sail with confidence and savings with Ontario Boat Insurance!

Boat insurance (also known as watercraft insurance) is designed to protect you from financial loss due to damage, theft, accidents, or liability while operating your boat.

A standard Ontario boat insurance policy can help cover:

Damage to your boat from collisions, fire, or storms
Theft or vandalism
Liability if you injure someone or damage property
Medical expenses for you or your passengers

What type of watercraft can be insured?

Most motorized watercraft require a separate insurance poilcy in Ontario. Vessels which qualify for this insurance:

Coverages

Boat Insurance in Ontario covers these 4 basic risks:

Do You Need Boat Insurance in Ontario?

Boat insurance provides essential financial protection for both your vessel and others on the water. While not legally required, you may need boat insurance if:

You finance your boat
You store it at a marina
You want liability protection

Without insurance, you could be responsible for:

Repair or replacement costs
Medical expenses
Legal liability claims

Optional Coverages

What would we recommend?

We stand firmly behind our necessary coverages, but sometimes a little extra protection can make a big difference. In addition to those listed above, consider the following optional coverages to better protect yourself and your investment.

Frequently asked questions

Your questions, asked and answered by our team.

How much does boat insurance cost in Ontario?

Insurance rates are dependent on boat size, horsepower, boater experience and operational range. For a boat that’s $20,000 in value, rates start at $300/ year. For boats closer to $100,000 in value, rates begin around $1,500/ year in order to properly insure the vessel and its contents.

What do I do in the event of a claim?

Claims and accidents are known to happen, even when we’re operating with the highest level of safety. We provide a 24/7 claims support service that’s there for you when such events occur.

Is boat insurance mandatory?

Boat insurance is not mandatory in Ontario, however it is recommended. In the event you are financing a boat, you will be required by the bank to carry insurance until the loan is completed. If you moor your boat in a marina, you may need to carry a certain amount of liability insurance in order to continue housing your vessel at such a location.

Does home insurance cover boats?

No, your home policy is not designed to provide coverage for your watercraft. This must be added onto an additional rider. For this reason, we recommend considering an individual boat insurance policy.

What do I need to carry when on the water?

Anyone operating a boat in Canada must possess their Pleasure Craft Operator’s card.

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Yên Phạm

6 days ago

I am more than happy to have the excellent service from Amy of Duliban Insurance! She gave instant answer for each and every of my concern. Working with her I trust that corner of my home is well taken cared of. She did bring me the peace of mind. Once again, thank you so much indeed for all of your support! Yen

Kaitlynn Valeriano

1 week ago

Great experience working with Damian Poznanovic! Very quick with responses and understood my needs. Would definitely work with again!

Adriana Suess

1 week ago

Im new at getting my own insurance on my van and Steve was professional respectful and listened to my needs even updated me on any changes and was happy to anwser any questions I had... if you need insurance ask for him best man for your insurance needs.

T Milanko

1 week ago

I had pleasure of having Damjan Poznanovic helping me with getting insurance for my home . He was able to get me a good deal in timely manner. Also , he seemed to be a good listener and pleasant person to talk to , so contact him if you need any assistance with finding suitable insurance for your needs !

Manuel Lopes da Costa Campos Neto

1 week ago

Lisa was extremely helpful, because of her I was able to register my car in the same day of purchase. She took her time explaining the policy and was very helpful with all the paperwork. Recommend her to anyone that wants a smooth fast process and resourceful broker that steps up when needed.

Breanne Hunter

1 week ago

Damien was very fast, helpful and supportive with my request. He was able to complete the process of insuring a vehicle within the day.

Karen Hussey

1 week ago

Damian is super helpful and very responsive

Greg Cavanagh

1 week ago

I would like to say that I was very impressed dealing with Steve Auld at Duliban. After several large unjustified increases from our current insurer I contacted Steve for a policy overview. He was very patient, engaged, accessible and meticulous matching our current coverage and discounts to a new insurance firm saving us significant monies. I would not hesitate to recommend Steve at Duliban for anyone seeking new insurance or a current coverage review!

John Beecroft

1 week ago

A huge shout out to Damian of Duliban Insurance for all his hard work he did to get me a good quote. I recently moved to Grimsby and my insurance was expiring so I thought I'd call Duliban because I wanted to support a local business but, of course, it depended on the quote. I'm glad to say I'm now supporting a local business because Damian got me a better quote than anybody else had given me. Thank you to Damian and Duliban Insurance for the great quote for my car and tenant's Insurance.

Matty Thimm

1 week ago

My interaction with Kirstie was excellent. She answered all my questions pleasantly and professionally.

Lisa

1 week ago

Thank you so much Damien for finding an insurance company willing to work with me! You're awesome!

Daniel Prendes

1 week ago

Great help and customer service June Sabo. I appreciate your time and effort. Thank you 👍

Trevor Sooklall

1 week ago

Extremely wonderful service

Stacie James

2 weeks ago

Excellent communication, very knowledgeable and easy to talk to.

Dylan Heikoop

2 weeks ago

I have had a great experience with Duliban Insurance. Damian was extremely helpful and made the entire process simple and easy. Would recommend!

Hope Conners

2 weeks ago

Damian was incredibly helpful while switching insurance over. He provided me with all the proper information and answered any questions I had.

Charly Brown

2 weeks ago

I had a "complicated" experience with two girls; it's not pleasant to talk about it, but fortunately, while looking for someone else, I met Senanya Jayatilake, a wonderful woman who supported me in everything, and thanks to her, I decided to renew my car insurance.

Andrew Nafekh

2 weeks ago

We had a great experience with Amy Brown. She is very professional and works efficiently to get the best price. Very responsive and helps to explain in a way that we can relate. Thanks Amy!!

Nik

2 weeks ago

Great experience! Damien was fantastic to work. Everything was set up quickly and I saved a good amount of money.

T Dot

2 weeks ago

If you looking for top notch service and to be treated like a human with a smooth sensical process, then duliban insurance brokers is where yiu need to contact. If you get steve then you will have a nice smooth process and get car insurance in less than 30 mins not 2 hours and guessing games like my lass broker at scoop insurance. Duliban Insurance got you covered and I highly recommend then if yiu looking for home or auto insurance.

Seema kaker

2 weeks ago

Thank you so much. It was very nice. You take care of us very professional and I appreciate it if any anybody wants to take this insurance need to call him. Mr Damian 🌹🌹🌹🌹🌹

Nicholas Maguire

3 weeks ago

Amy got me a great rate! Easy to deal with and very helpful

Jamal

3 weeks ago

Cannot recommend Damian Poznanovic enough. I was having a tough time finding a decent rate and everywhere I called was either overpriced or a hassle to deal with. Damian actually took the time to shop it around and got me a rate over a hundred bucks a month cheaper than the next best quote I got. He was quick, honest with me the whole way, and made the whole thing way easier than I expected. If you want someone who will actually work to get you a fair price, go to Damian. Appreciate you man.

Pam Swick Janjac

3 weeks ago

This was a pleasant transition inquiring about and subsequently switching my insurance. Mallory was extremely efficient and professional and at the same time, very personal and a pleasure to deal with. I am excited to become a new customer with Duliban Insurance!! Many Thanks to Kayla and Mallory! God Bless you both!

Lorree Vandermeulen

3 weeks ago

Damien was a pleasure to work with! He was able to find me 2 qoutes quickly and affordable. The process of finalizing was easy and his communication and patients were great around my work schedule. Highly recommend Damien being your insurance broker!

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