Recreational insurance includes coverage for all your toys: things like boats, jet skis, motorcycles, ATVs, and snowmobiles. It’s all fun and games until someone gets hurt. It’s important to get insurance for these because recreational vehicles like ATVs, snowmobiles, boats, and jet skis are known to be dangerous.

Around 100 people die each year in boating accidents, according to Transport Canada. Insuring your boat depends on a number of factors like how you use your boat, length, and type.

As with cars, most recreational vehicles require third-party liability, direct compensation (property damage), uninsured motorist coverage, and accident benefits coverage. Again, as with cars, insureds can increase liability limits and opt for collision and comprehensive coverage.