Is Your Boat or Water Toy Ready for the Season?

Nothing says summer in Ontario quite like spending time on the water. Whether you’re cruising the lake in your boat, exploring on a personal watercraft, paddling a kayak, or enjoying an afternoon on a pontoon with family and friends, summer is the perfect time to make lasting memories.

Before launching your watercraft this season, take a few minutes to make sure it’s properly insured and equipped for a safe day on the water. Many owners are surprised to learn that their home insurance policy may not provide the protection they expect once their boat or water toy leaves the dock.

Do You Have the Right Insurance?

Just like your car, boats and many recreational watercraft can benefit from specialized insurance coverage. Depending on the type and value of your watercraft, a dedicated policy can help protect you against unexpected losses such as:

Collision or accidental damage
Theft or vandalism
Fire
Storm damage
Liability if you accidentally cause injury or property damage to others
Emergency towing or assistance on the water

Even smaller watercraft, such as fishing boats or personal watercraft, can represent a significant investment. If you’ve recently upgraded your boat or purchased new equipment, now is the perfect time to review your coverage to ensure it reflects its current value.

Don’t Forget Your Water Toys

Summer fun often includes more than just the boat itself. Items such as:

Jet skis
Sea-Doos
Paddleboards
Kayaks
Canoes
Inflatable tow tubes
Water skis and wakeboards

may have different insurance considerations depending on their value and how they’re used. Some items may have limited coverage under your home insurance policy, while others may require separate coverage altogether.

If you’re unsure what’s protected, your insurance broker can help you understand exactly what is—and isn’t—covered.

Safety Comes First

Insurance provides financial protection, but preventing accidents is always the best approach. Before heading out on the water, take a few moments to complete a safety check.

Make sure everyone on board has a properly fitted life jacket. Check that your required safety equipment is onboard and in good working order, including a first aid kit, sound-signalling device, flashlight, and fire extinguisher where required.

Inspect your boat for any mechanical issues, verify fuel levels, and ensure your battery is fully charged. It’s also wise to review the weather forecast before leaving the dock, as conditions on Ontario lakes can change quickly.

If you’ll be towing skiers or tubers, always use a designated spotter and follow local boating regulations. Safe operation protects everyone sharing the water.

Protect Your Investment All Year Long

Many claims occur while boats are stored rather than while they’re being used. Proper off-season storage, secure trailers, anti-theft devices, and regular maintenance all help reduce the risk of damage or theft.

If you’re transporting your boat to a different marina or taking it across provincial or international borders, let your broker know. Your policy may include specific conditions or limitations depending on where your boat is used.

Is Your Boat or Water Toy Ready for the Season?