Is My Home & Auto Coverage Sufficient?
You might wonder why you should insure your boat with a company that specializes exclusively in marine insurance. After all, it’s included in your home and cottage insurance, right?
Here are some surprising benefits of dedicated boat insurance:
Vermin Coverage – Have you ever seen the damage a family of raccoons can do to a boat’s interior? We have, and home and cottage policies typically don’t cover this type of damage. The cost of repairing raccoon damage can exceed $5,000. Every MD Marine policy includes coverage for such issues.
Agreed Value Coverage - This means you will receive the full amount you paid for your watercraft. Additionally, we offer Guaranteed Replacement Coverage, which is not typically included in home or cottage policies..
Theft – In the event of theft, you can count on us to support you without any fine print about locks—our priority is to get you back on the water as swiftly as possible. If you choose to include your boat on a home or cottage policy, be sure to pay close attention to the requirements for padlocks.
Emergency Towing – All MD Marine policies come with emergency towing coverage, and we’ll even cover the cost of delivering gas if you run out while on the water. Plus, there's no deductible involved! Unfortunately, this level of support is not available under home or cottage policies.
CALL 1-877-627-4633 or visit www.mdmarine.ca today for more information.
