Hagerty now offering collector boat insurance in Canada

Hagerty Classic Marine has expanded its collector boat insurance operations into Canada.
Underwritten by Elite Insurance Company (a member of the Aviva Canada group of insurers), the new program is now available in Ontario and will be rolled out over the next year in other provinces.
“In speaking with Canadian collectors at shows and club events over the years, we realized a true need for our marine products and services,” said McKeel Hagerty, CEO of Hagerty Insurance.
Through the relationship with Aviva, Hagerty will provide Agreed Value classic boat insurance coverage. This will include:
• instant coverage for existing policyholders for newly acquired collector water craft up to 15 days after purchase;
• standard $1-million protection and indemnity (water craft liability), including salvage, accidental fuel spill and uninsured or underinsured boaters liability;
• enhanced coverage for communication and navigation equipment; and
• $1,000 emergency towing coverage and $5,000 personal effects coverage.