There's nothing quite like hitting the water to zip around on a personal watercraft (PWC) such as a seadoo, waverunner or jet ski that is covered by the right seadoo insurance. Ontario's beautiful lakes and waterways are just begging to be explored, and a seadoo is the ideal way to get up close and personal with nature while cooling down on a hot summer day. But for true relaxation, you need the peace of mind that comes with knowing you are protected from financial loss in the event that property is damaged or someone gets hurt.
The team of experienced brokers at Morison Insurance are local, so they are very knowledgeable about all the ins and outs of what Ontarians need from their seadoo insurance. Ontario residents can rely on us to tirelessly seek out the best possible combination of coverages to ensure that they are protected against whatever comes their way, on and off the water.
It is a package of coverage designed to protect you from financial loss in the event that something goes wrong while you are using your seadoo, jet ski, waverunner or other types of personal watercraft. If you are involved in an accident where someone else is injured or their property is damaged, or your seadoo suffers damage or is lost due to an insured event such as fire, natural disasters, theft or vandalism, you'll be protected by seadoo insurance. Ontario PWC enthusiasts with a solid seadoo insurance policy can get help to recoup expenses such as medical bills, legal defence and settlement costs, property damage repair or replacement costs and more.
All personal watercraft owners should invest in personal watercraft insurance coverage. That includes:
Regardless of what type and model of personal watercraft you have, including stand-up and sit-down models, one of our reliable Morison Insurance brokers can help you get the right insurance package so you can sleep easily at night knowing you won't have to pay astronomical costs out of pocket if an unfortunate event occurs.
You are not legally required to have seadoo insurance, Ontario and the rest of Canada included. However, it's well worth having because of the potential for damage or injury. While your seadoo might not be quite on the same level as a luxury yacht, that doesn't mean it was cheap. Seadoos, jet skis and waverunners are an investment, but not the kind of investment you can keep locked up in a vault. There's no point in having it if you don't take it out, and that means it could be seriously damaged or even destroyed in an accident or disaster. Without Ontario seadoo insurance, you'll have to take on all the expenses yourself should any loss or damage occur to your personal watercraft.
While there's no legal requirement to purchase seadoo insurance, Ontario PWC enthusiasts should be aware that they may not be able to get financing to buy a seadoo without it—the lender of your loan will require you to get the craft insured. A Morison Insurance agent can assess your situation and provide expert advice and boat insurance products to help clarify your waverunner, jet ski or seadoo insurance needs.
What exactly is included on your personal watercraft insurance policy is going to vary based on the options you choose and the types of coverage that are being offered by Ontario insurance providers. Here are some of the key kinds of seadoo insurance Ontario PWC owners need.
Liability insurance is part of an Ontario seadoo insurance policy that protects you in the event that you are sued for third-party property damage or bodily injury liability claims. An example of this would be if you collided with another personal watercraft and caused damage to it, or the driver was injured. Or, maybe you tied up your seadoo a little too close to someone else's at the dock and they suffered damage from being jostled into each other by the waves. Your liability coverage would allow you to recover associated costs up to the liability limit on your policy, such as legal settlements, legal defence fees, repair or replacement costs and accident-related medical bills in the event of a third-party injury.
No matter how careful you are, sometimes accidents just happen that cause physical damage to your personal watercraft. Sometimes criminals come along to ruin your day by stealing or vandalizing your property. And, sometimes stuff happens that is completely outside of your control, like natural disasters, storm-related damage, fire and vermin damage from pests such as rodents and zebra mussels.
Those types of events can be devastating, especially when they bring all your summer fun grinding to a sudden stop because your investment has been seriously damaged, destroyed or taken. That's why it's so important to include coverage for damage and theft as part of your seadoo, waverunner or jet ski insurance policies. This coverage will allow you to recover costs related to repairing, restoring or replacing your personal watercraft, up to the limits listed on your policy, so you can get back out on the water and enjoy your recreational investment.
Accident benefits coverage protects you or your estate from paying for various costs you may incur after being injured in an accident on your personal watercraft. That includes the cost of your medical treatment and rehabilitation or funeral expenses. It also includes payments to your family or next of kin in the event of death or if you lose income because you're unable to work.
Breaking down on the side of the road isn't exactly pleasant—but it's not as scary as being stranded out on the water with a seadoo that is not capable of getting you back to shore. Coverage for emergency towing and other emergency services such as fuel delivery is a highly recommended part of seadoo insurance. Ontario boaters who find themselves stranded on the water and unable to operate their watercraft due to a problem such as mechanical breakdown or an empty gas tank. Emergency assistance coverage gives you the peace of mind that comes with knowing help will arrive should you be stuck out on the water in need of help.
It's obviously a good idea to make sure you have adequate insurance for whatever you want to do with your time and money, but it's not just your own decisions and actions you have to consider when it comes to seadoo insurance. Ontario drivers who get into a collision with their car or truck, you can be fairly sure the other driver will have auto insurance. But since Ontario seadoo insurance isn't legally mandatory, it's a lot more likely that you'll encounter an uninsured or underinsured PWC operator. What if you're involved in a collision with another seadoo operator and they are at fault, but they don't have seadoo insurance? How will you get the compensation you're entitled to?
Uninsured watercraft coverage is a type of additional coverage that can help ensure you're protected if you are in a collision with an uninsured or underinsured boater or personal watercraft operator. If they are at fault, you won't be left without compensation for the damage to your personal watercraft and you can get back out on the water sooner with a lot less stress and expense.
You are legally required to have a valid Canadian Boating License, also known as a PCOC (Pleasure Craft Operator Card) in order to operate a personal watercraft like a seadoo, so your insurer will require you to provide proof that you are licensed before you can get seadoo insurance. Ontario residents may not be eligible to get insurance with some companies based on a poor driving record or a lack of experience.
The cost of your seadoo insurance premium depends on many factors including the year, make and model of your PWC. Generally speaking though, less pricey units are less to insure and more costly ones have higher premiums.
To receive an accurate seadoo insurance quote tailored to your PWC, speak with our dedicated brokers at Morison Insurance. We are happy to help!
APPROX. PRICE (per year)
Kawasaki Ultra 310XL
$450 - $800
$400 - $750
$375 - $750
Sea Doo GTI
That really depends on what is specified in your Ontario seadoo insurance policy. Standard coverage may include use in Canada, or Canada and some northern parts of the United States, but you will need an additional extension if you wish to use it in the southern United States, the Caribbean and potentially other regions. If you do plan to use your personal watercraft outside of Ontario, you should speak with your Morison Insurance broker first so they can make sure you're covered throughout your travels.
Since it's extremely unlikely that you would find an insurance company willing to cover racing outside of a professional context on seadoo insurance, Ontario PWC operators will have to keep the fun non-competitive. On the other hand, modifications and renting it out to others are not necessarily out of the question, but they do need to be referred and specifically approved by the insurer, so the best course of action is to discuss the details with your broker at Morison Insurance prior to joining a rental program or getting started on modifications.
Yes, it is possible to add Ontario seadoo insurance to your home insurance or auto insurance policy instead of getting a stand-alone PWC insurance policy. Your Morison Insurance broker can help you determine if that is the best course of action for your particular insurance needs, and recommend endorsements or additions that will ensure you have the right coverage to protect you against serious financial losses.
This question makes sense—after all, you're not taking your seadoo out on the lake in January. Despite the fact that you can't use your seadoo throughout the winter or during most of spring and autumn, seadoo insurance in Ontario is issued on yearly policies that can't be cancelled in the fall and renewed again in the spring.
Some insurance companies do offer a guaranteed replacement cost for personal watercrafts such as seadoos, jet skis and waverunners. However, it is typically for a shorter period of time than a boat. That said, you may be able to get a guaranteed replacement cost for up to five years. Talk with your Morison Insurance broker about it so they can take a look and find the best option for your seadoo, jet ski or waverunner insurance.
You can get a competitive quote for Ontario seadoo insurance from a knowledgeable insurance broker at Morison Insurance. We are a family-owned and operated business, and as such, it's important to us that our clients get the exact same service we would provide to our closest family members. We will work tirelessly to find the best jet ski, waverunner or seadoo insurance solutions for your unique needs, so you can enjoy your fun in the sun worry-free. Contact us by picking up the phone and calling 1-800-463-8074, or by filling out the contact form on our website.
This content is written by our Morison Insurance team. It is provided for general information only. Insurance needs differ from person to person, and this article is therefore not a substitute for professional advice about your individual insurance needs which can be obtained by speaking to one of our brokers.