Compare and purchase the best boat insurance rates in Red Deer.
Get free & accurate quotes from Canada’s top insurance providers.
In just a few minutes, our quoter can unlock discounts that can have
you saving hundreds of dollars a year on average.
Comparing rates from Canada's leading Insurance Providers
Our Reviews
Ashley Bushfield is a pleasure to work with. She is committed to keeping her word. You can rely on her to get the work done on time and all details covered.
Jason Storey is my broker and he is one of the best I’ve ever had (and I used to be one HA for 9 years). He set up a new policy for me in April. He was quick, effective, and got me the information I needed! He set up the policy within days.
I’ve had an accident and he’s been so helpful and understanding and supportive.
Had to transfer insurance from one vehicle to another and it was quick and easy. A few emails back and forth and done in no time.
My insurance advisor is always there when I need them.
Jessica always has the right advice and really listens to my needs.
Always a positive and supportive experience.
Communication was always there, just an awesome overall experience really. I would highly recommend this company to al my friends.......and have by the way. Cheers
Boat Insurance in Red Deer
A popular and fun summertime activity is boating, even though in most provinces you only use your boat for a few months out of the year, it is still important to have it insured all year round.
Red Deer is a city in Alberta, Canada, about halfway between Calgary and Edmonton. It is located on the Red Deer River from which it derives its name, and is easily referred to as "a little slice of heaven". People can enjoy canoeing and kayaking on the Red Deer River as well as the white sandy beach perfect for lounging on those long summer days. It is also a great fishing spot, with a diverse number of game fish to be caught. Just 15-minutes away is Sylvan lake, a little tourist town, known as one of Alberta's boating paradises, where over 1-million visitors go to enjoy boating and enjoy other water activities!
No two boats are alike so make sure you speak with one of our Advisors to get the best advice. We'll provide you up to 10+ quotes from Canada's top boat insurance providers, getting you the coverage you need, for the best price possible.
Boat Insurance in Red Deer
Boat insurance covers you in the event of a loss or damage to your watercraft. It covers most watercraft with motors, including fishing boats, paddle boats, leisure crafts, even yachts (for you high rollers!). For smaller boats, you may find some limited coverage under your homeowner's policy, so it's best to chat with your Surex Advisor about what you're covered for and what you need to add to your policy when you buy a boat.
The amount of boat insurance you will need depends on a number of factors such as the value of the boat, the motor size, the age and how you use it (speed boat vs a pleasure cruiser). For example, if you bought a new high-performance speed boat, you will need more coverage for bodily injury and property damage liability than you would if you had a pleasure cruiser.
The general rule when it comes to figuring out the average boat insurance prices is that you'll pay about 1.5% of the value of your boat in annual rates. So to insure a boat worth around $50,000, it would cost you only about $750 per year to have it fully insured. Typically it will cost $200-$500 per year
This is similar to the information you would give out when getting auto insurance, here is the information you would need to provide:
- The length, type and value of your boat
- The condition of the boat and the market value
- How often the boat is used, what it is used for and where you store it
- The waters you take the boat out on and if you ever charter your boat
- The experience, loss and claims history of the owners and/or operators
- Any clubs the owners are members of (Sail Canada, or Canadian Power and Sail Squadrons)
It's best to shop around and compare, and that's exactly what we do for you at Surex! We work with the top insurance companies in Canada to provide you with the best rates for your situation. We can find the right boat insurance in Red Deer for you!
It is important that boat owners get a separate boat policy to cover their liability in the event of a gas/oil spill. Also, if injuries are incurred in a boating accident, the home policy offers no accident benefit coverage for this either.
The biggest claim category for boats is environmental contamination lawsuits coming from leaking boats and contaminating water systems. If a boat is insured on a home policy - most policies will not cover environmental contamination losses.
Best Lakes in Red Deer
- Gaetz Lakes
- Mitchell Pond
- Hazlett Lake
Best Fishing Ponds in Red Deer
- Three Mile Bend
- Mitchell Pond
- Bower Ponds
Best Marinas in Red Deer
- Kiwanis Boat Launch
- Red Deer Marine and Rec.
- The Launch at Sylvan Lake Inc.
Surex insurance tips & advice
Listening to music eases Ontario commutes, but can headphones behind the wheel cause legal or safety issues? Here’s what drivers need to know.
Car accidents are stressful and costly—stay calm, protect safety, and know your rights. Common causes include distraction, impairment, fatigue, poor maintenance, and bad weather.
In Canada, any car can be stolen, but certain models are targeted more—learn which vehicles top the most-stolen list to help protect your investment.
