Alberta Watercraft & Boat Insurance

What is boat insurance?

Boat insurance in Alberta is a form of protection for your watercraft. Water vessels, such as boats, can be insured with a standalone policy or they can be insured under a home insurance policy — but many home insurance providers have restrictions for what type of boat can be included in a policy. Plus, submitting a claim for your boat that is insured under your homeowners policy will affect your home insurance rates.

Having a separate boat insurance policy can offer enhanced coverage that you otherwise would not receive under your home insurance policy. If your boat is important to you, and it’s worth a bit more than your average kayak, you’ll be relieved to know it is properly insured in the event of an accident.

Boat Insurance for Albertans

The exact kind of coverage you’ll get from a boat insurance policy can vary between policies and insurers. Our expert boat insurance brokers in Alberta will help you understand what your policy includes to avoid any unnecessary surprises if you ever need to make a claim.

Key Alberta Boat Insurance Coverages

Liability: When driving, you’ll want to financially protect yourself in case you’re responsible for injuring a person or damaging their boat (or other property).

Hulls & Motors: Get coverage for your whole boat, including the hulls and motors.

Accessories: From depth finders and GPS units to water skis and wakeboards, you can cover your boating accessories.

Alberta Boat Insurance Add-Ons

Expanded Navigation Limits: Traveling far? Make sure your policy covers any special conditions beyond your baseline policy, including expanded navigation limits, crewed vessels, and chartering.

Guaranteed Replacement Cost: Instead of reimbursing your boat’s current value, this depreciation-free coverage pays for a brand-new, comparable boat.

Unlimited Land Transportation: Get unlimited overland transportation coverage wherever you travel in the continental US and Canada.

Working with an Alberta boat insurance broker

We’ll help you through any choppy water. Our boat insurance provides the coverage you need — at a price you can afford.

• Agreed Value Coverage: Instead of depreciating your boat’s value over time, you’ll be set with an agreed-upon value.
• Zero Trailing Distance Limits: Planning a trip? Get coverage for boating in waters both in and outside Canada.
• Free Personalized Policy Review: Since every policy is different—with different limits—our review ensures you have the right coverage at the right price.

Talk to one of our Alberta boat insurance experts today to learn more about how we can find the best insurance for you and your needs.

Multiple Branches Across Alberta

Get real insurance from real people. At our neighbourhood walk-in locations, you can meet our team face to face. Find a branch near you.