If you enjoy making waves on Ontario's waterways, now is the time to review your insurance coverage. With our short boating season, no one wants to miss any part of it trying to resolve an insurance-related misunderstanding.

Generally there are two types of policies available to boat owners, the type that you choose depends on your specific needs. Depending on the type of boat, you could be covered under a boat policy or under a yacht policy.

Getting maximum coverage at minimum cost is the goal of all insurance buyers. But unlike buying automobile insurance, yacht policies have no standard wording. Since each company's policy is different, comparing coverage vs. premiums can be difficult without professional help.