5 Reasons Why You Need Boat Insurance in Ontario

Ontario is a great place to boat. With its many lakes and rivers, there are plenty of opportunities for boaters of all experience levels to get out on the water and have some fun. However, before you go boat shopping, it's important to make sure that you have boat insurance.

Here are five reasons why boat insurance is a must for anyone who boats in Ontario:

  1. One of the most important reasons to have boat insurance is for liability purposes. If you are involved in an accident while boating, boat insurance will protect you from having to pay out of pocket for any damages that you cause.
  2. Another reason to have boat insurance is to protect your investment. A boat is a significant financial investment, and boat insurance will help to protect your boat in the event that it is damaged or stolen.
  3. Boat insurance also provides coverage for medical expenses if you or a passenger on your boat is injured while boating. This coverage can help to ensure that you are not left with a large medical bill after an accident.
  4. In the event of an emergency, such as a collision or property damage, your policy will cover you for your boat and its contents. It also covers personal belongings that are damaged or lost while boating.
  5. Finally, boat insurance can give you peace of mind while you are out on the water. Knowing that you are covered in the event of an accident or other incident can help you to relax and enjoy your time boating.

So, if you are boat shopping in Ontario, be sure to get boat insurance. It is an important part of being a responsible boater and will help to protect you, your boat, and your passengers.

Have Ontario boat insurance questions? Call Petley-Hare Insurance Brokers today at 1-800-216-5324 to speak with one of our boat insurance specialists or contact us to schedule a no-obligation consultation.

Safe boating everyone!