Insurance
For The North

At 705 Insurance. we recognize the thrill and freedom that comes with owning and operating watercraft in Ontario. Whether you enjoy the speed and agility of a jet ski, the tranquility of a fishing boat, the leisurely comfort of a pontoon boat, or the grace and adventure of a sailboat, we understand the unique needs of watercraft enthusiasts. That's why we offer comprehensive watercraft insurance options to protect your investment and ensure your peace of mind on the water.​

​

• Extensive Coverage Options: We provide a wide range of coverage options for various types of watercraft, including jet skis (Seadoos), fishing boats, pontoon boats, sailboats, and more. Our insurance policies are tailored to meet the specific needs of each watercraft category, ensuring you have the right coverage in place.

• Expert Broker Assistance: Tom Putman, our experienced insurance broker, specializes in watercraft insurance. He understands the unique requirements and risks associated with different types of watercraft. Tom will guide you through the insurance process, ensuring you have a comprehensive understanding of your policy and the coverage it provides.

• Protection against Risks and Liabilities: Our watercraft insurance policies provide coverage for various risks and liabilities you may encounter on the water. This includes damage to your watercraft, theft, accidents, medical expenses, and third-party liability coverage. With our comprehensive policies, you can enjoy worry-free adventures on the water.

• Customized Coverage Options: We recognize that each watercraft owner has unique needs and preferences. That's why we offer customizable coverage options to tailor your insurance policy to your specific requirements. Whether you need additional coverage for equipment, accessories, or personal belongings, we can design a policy that suits your needs.

• Competitive Rates: At 705 Insurance Inc., we work with multiple insurance providers to ensure you receive the most competitive rates for your watercraft insurance. We understand the importance of value for your investment, and our goal is to provide you with optimal coverage without compromising your budget.

​

Our Watercraft Insurance Coverage Options in Ontario

​

• Physical Damage Coverage: This coverage protects your watercraft against damage caused by accidents, storms, vandalism, or theft. It covers repair costs or the replacement value of your watercraft.

• Liability Coverage: Liability coverage is essential to protect you in case you cause injury to others or damage their property while operating your watercraft. It helps cover legal expenses and potential settlement costs.

• Medical Payment Coverage: In the event of an accident, medical payment coverage assists with medical expenses for you and your passengers, regardless of fault.

• Uninsured/Underinsured Watercraft Coverage: This coverage safeguards you against damages caused by uninsured or underinsured watercraft operators who are unable to compensate for injuries or property damage.

• Personal Effects Coverage: Personal effects coverage protects your personal belongings, such as fishing equipment, water sports gear, and navigation devices, in case of theft or damage while on your watercraft.

• Emergency Assistance Coverage: This optional coverage provides financial assistance for towing, fuel delivery, or emergency repairs if your watercraft becomes disabled on the water.

• Navigational Area Coverage: We offer coverage options for specific navigational areas, ensuring you have the appropriate coverage for your boating activities, whether it's inland waters or coastal regions.

​

Get a Quote Today

​

Don't let the uncertainties of watercraft ownership dampen your enjoyment on the water. 705 Insurance Inc. and our dedicated broker, Tom Putman, are here to provide you with the perfect watercraft insurance coverage in Ontario. Contact us today for a personalized quote and let us help you navigate the waters with confidence.

​

Protect Your Watercraft Investment with 705 Insurance.

​

705 Insurance. understands the passion and love for watercraft in Ontario. We are committed to providing comprehensive insurance solutions that protect your investment and give you peace of mind while enjoying the water. With our range of coverage options for jet skis, fishing boats, pontoon boats, sailboats, and other watercraft, we ensure that you have the right insurance policy tailored to your specific needs. Don't wait until it's too late—contact our experienced brokers today for a personalized watercraft insurance quote. Trust us to navigate the waters of insurance, so you can focus on enjoying the freedom and adventure of your watercraft.

Before you call

​

Insurers consider many factors when deciding whether or not to offer a policy. Almost any vessel can be insured. Here is some of the information we'll require to get a reliable quote.

​

• Age of Boat

• Length

• Value

• Speed/Horsepower

• Condition (Does it meet US Coast Guard Standards in effect at the time it was built?)

• Primary residence (If the boat is used as a primary residence)

• Type (Inboard, Outboard, utility, cruiser, bass boat, saltwater fishing boat, performance boat)

• Homemade (Boats without a serial number are tricky but many kits are okay)

• Houseboats with no motor

• Ownership (more than 2 owners)

• Where it will operate (Ocean, lakes, bays, rivers, Great Lakes)