Whether you’re cruising inland lakes or heading out into open waters, a few smart precautions can go a long way in keeping your passengers safe and your boat protected — and they may even help keep your insurance costs down.
Our watercraft insurance experts have seen it all: claims caused by mid-season breakdowns, storm damage in storage and even collisions that could have been prevented with a little extra planning. Here are some tips on staying safe on the water and steering clear of avoidable insurance claims.
1. Start Every Outing with a Quick Inspection
A proper pre-departure check doesn’t take long and can save you from major headaches. Before heading out:
- Make sure every passenger has a Canadian-approved lifejacket in good condition.
- Check fuel levels, look for signs of leaks and ensure the engine is running smoothly.
- Test your navigation lights, horn and bilge pump.
- Confirm that essential safety gear is onboard: fire extinguisher, flares, first aid kit and a working radio or signaling device.
These small steps help prevent common issues that lead to interrupted summer plans.
2. Keep Maintenance on Your Radar
Routine maintenance doesn’t just keep your boat running; it reduces your risk of fire, breakdowns or costly mid-season repairs. Keep a maintenance checklist for:
- Oil and fuel line inspections.
- Battery checks and wire corrosion.
- Propeller damage and debris.
- Fluid levels, belts and hoses.
Not only does this reduce your risk on the water, but insurers also consider well-maintained boats to be lower risk, which can affect your premiums.
3. Respect the Weather, Even If It Looks Fine
Many boaters get caught off-guard by fast-moving storms. Always check the forecast before departure and keep a close eye on the skies while out. If there’s any doubt, it’s safer to stay docked.
A waterproof bag with emergency supplies, dry clothing and backup power is a smart add-on for unexpected conditions.
4. Never Mix Boating and Alcohol
Operating a boat while impaired carries serious legal as well as significant insurance consequences. You could face steep fines, license suspension or even a criminal charge. For insurers, impaired or reckless boating is a major red flag that can lead to higher premiums or a denial of coverage altogether. Assign a sober skipper and treat boating like driving — legally it is.
5. Think Beyond the Water: Store Smart in the Off-Season
Damage doesn’t only happen during boating season. Where and how you store your boat can make a big difference.
- Use indoor storage to protect against theft, storm damage and vandalism.
- Clean and drain the boat before storage to avoid mold, pests and system issues.
- Use a secure cover and consider adding anti-theft measures such as GPS tracking or a wheel lock.
Some insurers offer discounts if you store your boat in a monitored facility or use approved security devices.
6. Know What Affects Your Boat Insurance Premium
Several factors influence your rate, including:
- Boating experience and safety course completion.
- Claims history (especially preventable ones).
- Use of safety gear and theft prevention devices.
- Type of vessel, horsepower and how it’s used.
By following the best practices above, you not only help keep everyone safe, you also show insurers that you’re a responsible boat owner, which can lead to better rates and fewer surprises at renewal time.
Ready to Set Sail? Let’s Make Sure You’re Covered
Before your next day on the water, make sure your boat is properly protected. Whether you’re a seasoned captain or just starting out, NFP can help you find the right watercraft insurance coverage for peace of mind on and off the water.
