Boat & Watercraft Insurance

Boat with confidence, backed by Saskatchewan boat insurance that’s built for how you actually use your watercraft.

Boat and Watercraft Insurance

Whether you own a motorboat, sailboat, jet-ski, Sea-Doo, pontoon, or anything in between, Cooke Insurance has the perfect coverage options tailored to your watercraft. Big or small, we’ve got you covered!

What Does Boat Insurance Cover?

Contact us or stop by the office with any questions or further information on boat insurance.

Boat Insurance FAQs

Boat insurance keeps you, your watercraft, and your passengers protected in case of an accident. Many marinas will ask for proof of coverage before letting you dock your boat, and if you’re financing a new watercraft, your lender will likely require insurance as well. It’s the smart way to ensure smooth sailing, no matter where you’re headed!
Home insurance policies typically provide limited coverage for boats and watercrafts. Many insurance companies offer the option to add your boat to your policy, giving you more comprehensive protection while you’re on the water. Alternatively, you can choose a standalone boat insurance policy, designed specifically to meet the unique needs of your watercraft.

While boat insurance isn’t legally required to hit the water, it’s definitely a smart move—and in many cases, essential. Boat-related incidents can lead to significant financial strain if you’re not properly insured. If you store your boat at a marina, you’ll likely need coverage. If you’re financing your boat, it’s almost certainly a must. Plus, comprehensive boat insurance protects not only your boat but also your passengers and other boaters.

  • Damage to the boat from collisions
  • Damage to the boat from fire
  • Theft or vandalism
  • Weather-related incidents (eg: hail)
  • Liability Insurance
  • Medical Payments
  • Uninsured Boater Protection
  • Emergency Towing
  • Personal Property

Yes, you do need insurance for your boat trailer, but it’s covered under your SGI registration. When you register your trailer, you’ll declare its value and pay a small premium, which offers basic coverage.