Is it required to purchase RV/trailer insurance?

Recreational vehicle owners must purchase an auto insurance policy under Ontario law as it can be operated independently on the road. However, owners who choose to live out of their RV or motorhome may also purchase secondary insurance policies that provide coverage against property damage. On the other hand, travel trailers towed by a vehicle do not require insurance. In contrast, being operated on the road, as the owner’s auto insurance will extend to the trailer.

If my trailer is a modified van, do I need to acquire RV insurance?

Building your own modified van is a great accomplishment that provides you with the freedom to live and travel across the continent with ease. While you do not need to purchase RV insurance for your modified vehicle, it is highly suggested you do so.

Will this policy cover my RV from any malfunctions on the road?

Like many vehicles, basic RV insurance will generally come with the following policies included: Liability Coverage, Collision Coverage , Comprehensive Coverage

Is my auto insurance coverage going to include trailer insurance?

As travel trailers require towing from a motor vehicle to operate, your auto insurance plan will extend to your trailer when it is in motion. However, once your travel trailer is parked and detached from its towing vehicle, most auto insurance policies will not cover your trailer. Additionally, while your auto insurance plan provides coverage to the trailer itself, it typically will not provide coverage for items stored within it.

Boat Insurance

Coverage Uniquely Designed for Boat Insurance

Protect your boat from damage or loss thanks to Bevan’s boat insurance in Barrie.

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Boat Insurance Barrie

Let Us Be Your Expert for Boat Insurance

Owning a boat is like owning a little piece of paradise every time you find yourself out on the open water. This is why it’s essential that boat owners have a comprehensive insurance policy that protects their watercraft, their passengers, and other boaters from perils at all times.

With 20 years of insurance experience, Bevan Insurance is an independent insurance brokerage that has worked with thousands of boat owners in Barrie throughout the years. Our insurance specialists have access to numerous high-quality insurance companies and are able to provide you with a customized insurance plan with unbiased guidance so you feel confident in your policy at all times.

Get a free quote for boat insurance in Barrie with Bevan Insurance today!

Is it mandatory to have insurance on a boat in Barrie?

No, boat insurance is not mandatory in the province of Ontario or in Barrie. However, if you own a watercraft, it is in your best interest to purchase a comprehensive insurance policy to protect yourself from personal liability in the event of a collision, property damage, or bodily injury.

What does boat insurance cover?

Boat insurance covers the following:

Collision coverage

Collision insurance protection will cover the cost of repairs and replacements of your boat if it is damaged in a collision on the water or while it is being transported from one location to another.

Property damage liability

Property damage liability provides you with coverage in the event you cause damage to third-party property, such as a dock, or another boat, while you are operating your watercraft.

Bodily injury liability

Bodily injury liability insurance protection covers the cost of any legal fees or medical-related expenses in the event that someone is injured by or while on your boat. That way, you will not be required to pay out-of-pocket expenses while defending your actions should a lawsuit be brought against you.

Comprehensive coverage

Comprehensive insurance provides boat owners with protection in the event their boat is damaged by an insured loss that is not related to a watercraft collision. This includes theft, vandalism, fire, windstorm, explosion, and lightning.

Uninsured boater coverage

Uninsured boater coverage will cover the cost of damages if you or your passengers are injured in a collision with another boat that does not have boaters insurance.

Agreed value

Agree value provides boat owners with a predetermined value for their boat. Should your watercraft be involved in an accident that results in a total loss, the agreed value insurance policy will provide you with a replacement that is equal to the agreed value of your boat before the accident happened.

Actual cash value

Actual cash value replaces your watercraft with less depreciation. It will take into consideration the resale value of your boat as well.

Boat insurance additions:

Boat owners in the Barrie community also have the ability to add on additional coverage options that can further benefit you when you are on the water and when you are in transport. Here is a closer look at additional boat insurance selections you may wish to add to your insurance portfolio:

Loss of use coverage

Loss of use coverage will provide you with protection in the event you are required to use other modes of transportation if your boat is damaged in an insured event.

Emergency towing coverage

Emergency towing coverage will cover the cost of towing your boat to the closest repair location or marina if your watercraft suffers a collision or complete breakdown.

Land transportation coverage

Land transportation coverage will cover the cost of transport fees within a specified radius if your boat requires repairs.

Vermin damage coverage

Vermin damage covers the cost of damage that results from vermin, including squirrels, raccoons, and other wildlife.

Why should I get boat insurance?

Although boat insurance is not required for watercraft owners in Ontario, there are numerous reasons you may wish to purchase a comprehensive insurance policy. Here is a closer look at why boat insurance is a smart decision:

Operating a boat is similar to operating a vehicle. As such, there are always risks when you are out on the water.
Damage to your boat that is uninsured can cost hundreds to thousands of dollars in repairs. And without the proper insurance, you can end up paying for these expenses out of pocket.
You can never predict the weather. Therefore, if you have your boat stored on your property, a marina, or other location and there is an unexpected storm, your boat can suffer hundreds to thousands of dollars worth of damage. Again, this will leave you to pay for repairs out of pocket rather than using a deductible.
It provides you with personal liability protection in the event you are found responsible for the bodily harm, death, or property damage of a third party.

Above all, a comprehensive boat insurance policy can provide you with peace of mind knowing that you and your passengers are protected against damages or injuries that may arise when you are out on the water.

What determines the cost of boat insurance?

All boats and boaters are different. Therefore, the cost of your boat insurance in Barrie, Ontario, will vary depending on numerous factors. Here is a closer look at factors that will determine your final cost for insurance:

The make and model of your watercraft
The purchase price or bill of sale for your boat
The age of your boat
The total length of your boat
The location of where you plan on storing your boat
The type of motor or engine of your boat
The horsepower of your motor or engine
The maximum speed your boat is able to travel on the water
The locations where you intend to travel with your boat

Are you a boat owner in Barrie without insurance? If so, Bevan Insurance Can provide you with high-quality insurance solutions that will protect you while you’re on the water.

Get a free quote for boat insurance in Barrie, Ontario, with Bevan Insurance today!

Welcome to Bevan Insurance

Clients we have helped over the years

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Woodbeck Auto Parts Ltd

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Our Case Study

Who We’ve Helped

A commercial account also owns the adjacent house to their business location that was used as a rental property. Unfortunately the insured suffered a major loss when the rental property caught fire and was destroyed. In conversations with our insured throughout the claim they told us they were thinking of accepting a cash payout from the insurer instead of rebuilding the property.

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