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MARINE INSURANCE

Canadian marine insurers, compared.

Coverage, premium, claim turnaround, exclusions. We don't underwrite — you pick, the broker writes the policy.

Boat: Any boat Power Sail Fishing Commercial
Coverage: Any coverage Liability Hull · ACV Agreed value Racing
Region: All Canada BC Ontario Québec Atlantic Prairies
Insurers shown
1 / 6
Lowest premium / yr
$420
Median claim turnaround
6 d
GL

Great Lakes Mutual

PARTNER
★ 4.7 (286) · Since 1948 · ON · QC

Founded by yacht clubs around Lake Ontario. Racing-program friendly.

  • ✓ Racing endorsement
  • ✓ Layup credit
  • ✓ New-for-old up to 5 yr
Liability Hull · ACV Agreed value Racing Sail Power
Premium / yr
$420 – $3,100
Claim
6 d
Regions
2

Provincially licensed

Every listed insurer holds an FSRA (ON), AMF (QC) or equivalent provincial licence.

No hidden commission

We take no commission on the written policy.

Plain-language definitions

Agreed value, ACV, liability, deductible — every term explained in EN & FR.

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