Boat Insurance

[brickNblock]

I could use some assistance in getting pointed in the right direction towards insuring a boat.

Coverage Im curious about are:

Liabilities/all parties

Trailering/Launching/boarding

Accidents/Sinking

Motor overboard

Theft/Damage/Fire/Explosion.....to Boat/Motor/Accessories.

Trailer malfunction while towing.

 

Secondly,

Is it best to:

Insure through your homeownership policy.

Auto insurance....(its different)

or....separate alltogether.

 

We currently have CAA (gold+) and will upgrade to include boat/trailer as a side protection.

I know theres a great resource of information here at OFC

and your opinions and experiences in this are welcomed.

Thanks,

bNb

[POLLIWOGG]

If I was to insure the boat I think I would want it on a separate policy so that any claim would not reflect on house insurance. Most people are scared to make a claim and are paying for insurance they won't use.

 

If you are a member of Canadian Power Squadron there is a policy available to you that you might want to check out.

[Landlocked]

Definitely insure with a marine insurance specialty market which a local broker should have access to. Feel free to shoot me a pm with your contact info. and I'll try to answer your questions for you.

(not soliciting, just trying to help )

[brickNblock]

thanks for your replies fellas..

Im getting the idea that insurance..'APART' from the other insurances is the way to go from what Ive read thus far.

I didnt realize that there are marine'ONLY' insurances....

I'll get in touch with judst that....

Thanks again for your valued input,

bNb