What Does Fishing Boat Insurance Cover?
Many fishing enthusiasts are surprised to learn that insurance policies exist for even the most modest fishing boats. This type of coverage serves a variety of different functions, covering all of the expenses that may come up while using one of these watercrafts.
While fishing boat insurance is not mandatory in Ontario, subscribing to a policy has proven to be useful for many of our clients. At this point, you are probably wondering, what exactly does fishing boat insurance cover? Below we have listed everything you need to know about our comprehensive policy at Northstar Marine Insurance.
What to Expect From Your Fishing Boat Insurance Policy
Coverage for loss of fishing gear
If you are passionate enough about fishing to invest in your own boat, chances are your arsenal of fishing gear is important to you. Unfortunately, high-quality fishing gear often catches the eyes of thieves when left out in the open. By purchasing fishing boat insurance, you will have peace of mind knowing that you are covered if anything is stolen from your fishing boat.
Avoid paying for on-water assistance
If your fishing boat breaks down while taking it out on the water, towing the vessel to shore could cost well over $500 without insurance. Thankfully, our fishing boat insurance policy at Northstar Marine Insurance includes emergency towing services and other on-water assistance. Additionally, we do not penalize our clients for on-water assistance, which means you can reap the full benefits of our policy with no consequence.
Freedom to trailer your boat
The ability to trailer your boat to any body of water is an excellent added benefit to purchasing fishing boat insurance. This quality is unique to Northstar Marine Insurance, as many providers do not offer this advantage. Explore the many fruitful fishing locations across Ontario with full coverage for urgent transportation services.
Non-depreciating value
Purchasing a brand new fishing boat can be a major expense. The key is to make sure you are fully covered should your boat become irreparably damaged or stolen. At Northstar Marine Insurance, we are committed to providing non-depreciating policies that honor the original value of your watercraft. This ensures that you will be compensated for your fishing boat, and have the means to purchase a high-quality replacement.
It should be noted that fishing boat insurance does not cover commercial, charter, homemade, racing, or speedboats.
Get Fishing Boat Insurance & More Today
To explore other insurance options, do not hesitate to contact our agents.