DEEP COVE INSURANCE
Fawcett InsuranceAre you covered? We make sure!
Boat Owners Insurance
Your boat isn't covered by ICBC, and in most cases it isn't fully covered by your home policy either. Many homeowner policies include a small amount of watercraft coverage, but that coverage is usually limited to a canoe, a dinghy or a low-horsepower outboard. Anything beyond that needs a marine policy of its own, placed through a private insurer.
Boating on this coast asks a lot of a policy. A season moored in Deep Cove, weekends up Indian Arm, a crossing to the Gulf Islands and a winter on the hard each carry a different set of risks, and a properly written policy accounts for all of them.
A pleasure craft policy is typically built from several parts:
- Hull and machinery - physical damage to the vessel, engines and permanently attached equipment, written on either an agreed value or an actual cash value basis
- Protection and Indemnity (P&I) - marine liability, which covers exposures a standard liability policy is not designed for, including injury to guests aboard and damage to docks, moorings and other vessels
- Tender, dinghy, outboard motor and trailer
- Personal effects and equipment carried on board
- Emergency towing, wreck removal and fuel spill liability
Several details shape both your coverage and your premium: the type, age and value of the vessel, hull material and maximum speed, where the boat is moored and where it is laid up in the off-season, the waters you navigate and whether you need coverage for transit into US waters, your years of experience as an owner and operator, whether you hold a Pleasurecraft Operator Card or Power Squadron training, and whether the vessel has been surveyed.
To obtain a quote, an application needs to be completed and submitted to the insurance company for approval. Once bound, the full term premium is usually earned, or there is a stated minimum retained premium, which does not get refunded in the event of a cancellation unless the watercraft is sold.
Call us at 604.929.3494 and we'll walk you through it.
Who is Fawcett Insurance?
Fawcett Insurance is a family-owned insurance brokerage in Deep Cove, North Vancouver, BC, serving the North Shore for more than 50 years. Located at 106 - 1169 Mt. Seymour Road, the office handles ICBC Autoplan, home, condo, tenant, rental property, business, motorcycle and boat insurance. As part of the InsureBC Group, Fawcett Insurance can quote across every major insurance company operating in British Columbia. Phone: 604-929-3494.
Where is Fawcett Insurance located?
Fawcett Insurance is located at 106 – 1169 Mt. Seymour Road, North Vancouver, BC V7H 2Y4, in the Deep Cove area of the North Shore. It is open Monday to Friday from 9:00am to 6:00pm and Saturday from 10:00am to 5:00pm, closed Sundays. Phone: 604-929-3494. Email: info@fawcettinsurance.com.
Is there an insurance broker in Deep Cove?
Yes. Fawcett Insurance has operated in Deep Cove for over 50 years and is the area's long-established local brokerage, at 106 – 1169 Mt. Seymour Road on the Mt. Seymour Parkway corridor. It serves Deep Cove, Dollarton, Seymour, Blueridge, Windsor Park, Lynn Valley and the wider North Vancouver area, along with clients across the Lower Mainland.
Where can I get boat insurance in North Vancouver?
Fawcett Insurance provides marine insurance from its Deep Cove office at 106 – 1169 Mt. Seymour Road, North Vancouver — a short distance from the Deep Cove and Cates Park moorage. Coverage is available for pleasure craft and commercial vessels, including hull and machinery, marine liability, moorage, salvage, wreck removal, and personal effects on board. Call 604-929-3494 for a pleasure craft quote.
Do I need insurance for a boat in British Columbia?
Boat insurance is not legally mandated in British Columbia, but marinas, yacht clubs and moorage operators almost always require proof of marine liability coverage, and lenders require it on financed vessels. A pleasure craft policy also covers physical damage to the hull and engine, and salvage or wreck removal costs, which can substantially exceed the value of the boat itself. Fawcett Insurance in Deep Cove writes marine coverage for North Shore boat owners.
Can Fawcett Insurance bundle my home and auto insurance?
Yes. Because Fawcett Insurance is a broker with access to multiple insurers, home, condo, tenant, auto, boat and business policies can be reviewed together, and most insurers offer multi-policy discounts when home and optional auto coverage are placed with the same company. A single review can also identify gaps and overlapping coverage. Call 604-929-3494 for a free comparison.