Yacht coverage tends to be broader and more specialized because larger boats travel farther and have more unique exposures.

Watercraft coverage. If your firm owns a boat that it uses for business purposes you should purchase watercraft liability insurance. Property damage liability If you cause an accident this personal watercraft insurance coverage helps pay for damages to another persons watercraft or property. Typical boat insurance policies cover physical damage to the boat itself.

Whether youre a sun-day driver or an avid sailor think of these coverages like a life vest for your prized watercraft. This is why its so important to have uninsured watercraft insurance. Boat insurance yacht insurance and personal watercraft insurance.

Watercraft property damage liability coverage. Watercraft bodily injury liability coverage. Cowan Insurance Group offers one of the largest most comprehensive and well recognized boat and pleasure craft insurance programs in Canada with coverage for boat owners in all Provinces.

Thats where Watercraft Medical Payments Coverage comes in. The roadside assistance plan for watercraft will even cover a flat tire on their trailer when it occurs while towing their boat says Jason Duncan Regional Sales Manager for McGraw Powersports. Our carrier partners Chubb and AIG are leaders in the yacht insurance market and provide state-of-the-art yacht coverages.

Watercraft Insurance. Personal Watercraft PWC Yacht - generally vessels 26 and smaller are called boats and yachts are 27 and larger. There are several watercraft coverage limitations in a standard homeowner policy.

Liability coverage is generally excluded for most watercraft in most situations unless the boat is a sailing vessel under 26 ft an outboard of 25 horsepower or less or inboard or inboardout drive motors of 50 horsepower or less. Watercraft coverage Our coverage provides protection for boats up to 500000 in value and covers boats up to 43 sailboats up to 51 and personal watercrafts like a jetski. If you own one of the over 8 million estimated boats in Canada you understand both the joys and responsibilities that come from boat ownership.