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Boat Insurance

Made Easy

Be worry free
with MD.

Canada's most trusted boat insurance provider

For nearly a century MD Marine has been providing peace of mind to boat owners across Canada. Whether it’s a cabin cruiser, a fishing boat, a personal watercraft, or something in between, we'll provide you with the most comprehensive marine insurance coverage on the market today!

“From the beginning, MD Marine Insurance was a pleasure to deal with. When I had to make my first claim, it could not have been easier. I only wish making a claim on car insurance was the same.”

D. Brignell, ON

Expertise

MD Marine specializes in boats and customized boat insurance for all types of watercraft. Our highly skilled team are professionals in what they do so you can trust we know your boat from bow to stern.

With offices in Ontario, Quebec, Alberta and British Columbia serving thousands of Canadian boaters, we have earned the right to call ourselves Canada’s most trusted marine insurance provider.

Service Excellence

Customer service is the foundation of our business. With nearly a century of experience in marine insurance, you can be sure that nobody knows how to build you the right policy and move you through the claims process better, faster or easier than we do.

And, with over 65% of our business coming from referrals - you can rest assured knowing that you’re in good hands.

Each of our policies includes coverage for loss of use. The coverage is up to the limit listed on your policy and one of it uses it towards a rental boat. We don’t want you to have to cancel any summer plans and having a rental boat makes the time while your boat is being repaired go by in a flash.

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Exceptional Claims Handling

Our passion is being the kind of boat insurance people who will be there when you need us most. In the event that you need to make a claim, you’ll get a dedicated claims advisor who will help you through the process swiftly and easily. We have a track record of getting people back out on the water up to 10 days faster than our competition.

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We provide coverages for a wide range of watercraft. Simply click on a boat for more information.

Runabout

Runabouts are designed for versatility - capable of being used for fishing, for watersports or for cruising. They feature seating in the bow, swim platforms at the stern, and are powered either by stern drive, an outboard motor or a jet engine. Runabouts range in size from 16ft.-28ft There are many ‘semi rigid’ inflatable boats available today that are true runabouts. These have a fiberglass hull and inflatable tubes on the sides and feature 40 – 150HP outboard engines.

Pontoon Boat

Pontoon Boats are designed for comfort cruising, but with higher horsepower engines, they can be used for watersports. They feature a hull constructed from closed cylinders commonly referred to as tubes or logs. Small pontoon boats with 25 – 90 HP engines are typically two tube design while larger models 22’ + will carry 115 – 250 HP engines and have three tubes in the water. They are powered by stern drive or (99% of pontoon boats) an outboard motor, and can reach speeds of up to 55mph. Pontoon Boats range in size from 16ft.-30ft

Fishing Boat

Fishing Boats are versatile boats which are designed to navigate many different types of waterways. They typically feature live wells, rod lockers, a bow (front) or transom (aft) trolling motor. Most fishing boats are powered by an outboard or outboard jet engine. Fishing Boats typically range in size from 8ft - 30ft.

Personal Watercraft/Jet Ski/Sea Doo

Personal Watercraft are designed for watersports and touring. They are easy to store, maintain and transport. Many PWCs feature adjustable handlebars, onboard storage, reboarding steps and towhooks for towing skiers and tubes. They have fiberglass shells, are powered by a jet engine and can reach speeds of 50-65mph. Personal Watercraft range in size from 8ft. We do not insure Stand-up (Seatless) Personal Watercraft

Jet Boat

Jet Boats are designed to be fast and maneuverable, with seating front and back, and a swim platform. They differ from Bowriders in that they feature a propulsion system which is almost entirely enclosed within the hull (just like a PWC), thus mitigating risk of damage from impact with obstacles or the water’s bottom. They have fiberglass shells, are powered by one or two jet engines (Rotax, Mercury or Yamaha) and can reach speeds of 50mph. Jet Boats range in size from 14ft.-25ft

Cabin Cruiser

Cabin Cruisers are designed for fishing or for day or overnight cruising. They feature fiberglass hull and decks, and many creature comforts, such as a galley (kitchen), head (toilet), at least one berth (sleeping quarters), as well as heating, air conditioning, water heaters, power generators and shore power systems. They are powered either by stern drive or an inboard engine. Cabin Cruisers range in size from 20ft - 75ft.

Ski Boat

Ski Boats (or Tow Boats) are designed for watersports. These are boats purposely designed to wake surf, tow skiers or passengers on tubes. They have fiberglass hulls, are powered by an inboard engine, and may be equipped with a series of ballast tanks which produce additional wake behind the boat for surfing or wake boarding. Ski boats can reach speeds of 50mph. Ski Boats range in size from 18ft - 25ft.

Deck Boat

Deck Boats are designed to accommodate many passengers as they have large seating areas like pontoon boats. They feature a fast, maneuverable V-bottom hull that skims over the water and are powerful, making them ideal for water sports. They are powered either by stern drive or an outboard motor, and can reach speeds of up to 50mph. Deck Boats range in size from 16ft - 26ft.

SailBoat

The term ‘Sailboat’ describes a wide variety of boats, which differ based on size, hull configuration, keel type, number of sails, use and purpose. The one feature that is common to all Sailboats is that they are powered partly or entirely by wind. Sailboats range in size from 7ft - 70ft.

Bass Boat

Bass Boats are low sided, sleek boats which are designed to accommodate 2 or 3 anglers. Many of these oats are used in tournament fishing. They feature live wells and/or bait wells. Tournament style boats are typically 18 – 22 ft. in length and have 150-250hp engines. Bass boats range in size from 16ft - 25ft.

Sport Boat

Sport Boats are designed for high speeds and precise handling. They feature sleek fiberglass hulls and high horsepower. Sport boats can be equipped with sleeping and toilet facilities. These boats are powered either by stern drive, an outboard motor, an inboard or jet engine. Sport boats can reach speeds of up to 65-80mph. Sport Boats range in size from 16ft - 27ft.