Great boat insurance keeps you afloat when you need it. Our policies come with a range of benefits and optional extras that give you the confidence you’re covered.
And when you’re with us, your boat – whether that’s your runabout, personal watercraft, trailer sailer, small sailboat, launch/cruiser or yacht* – is covered, on and off the water.
*Policy terms, conditions, exclusions, limits and underwriting criteria apply.
Download our boat insurance policy.
We are changing our policies. For policies starting on or before 28 October 2024, download this policy. For policies starting on or after 29 October 2024, download this policy.
Here’s a few benefits to look forward to – find out more about what we cover in the table below.
Not using your boat? Don’t pay like you are. Enjoy reduced rates as long as your boat is stowed away.
Fishing or diving gear missing in action? If it’s on your boat or in use, we'll help cover the loss.
Take a look at the features that are included in our boat insurance, plus some of the optional extras.
Note: this is just a summary. Check out the full policy documents for all the details.
Boat or gear missing? We’ll cover the lowest of the market value or the total value your boat is insured for.
We provide cover for damage that happens to your boat – whether it happens on land, on water, in storage or on its trailer.
Insured your boat from new? If you make a claim and we call it a total loss, we’ll replace it with a new boat of the same make and model.
We’ll pay for new mechanical and electrical components of your damaged motor if it is five years old or less.
If you ever need to be rescued, we’ll reimburse reasonable costs, after an accepted claim for damage to your boat. This includes costs of your rescue, like getting your boat to a place of safety, emergency repairs and transport to a repairer.
Social racers’ boats are covered during a race. This includes yachts, trailer sailers or off-beach yachts.
We’ll temporarily cover any boat you purchase to replace your boat that was previously insured under this policy for up to 14 days.
*Subject to current local availability.
We’ll cover you for legal liability up to $5,000,000 depending on the terms and conditions of your lease or agreement with your berth/storage facility.
After we’ve accepted your claim, we’ll reimburse reasonable costs of fixing damage that happened to your boat while heading home. We’ll also pay for you to travel to collect your boat from the repairer.
We can help replenish, replace or repack emergency equipment that has been used by you following damage to your boat once we’ve accepted your claim.
Missing gear? We’ll cover loss to your recreational equipment while it’s on your boat or in use. This includes fishing gear, diving equipment and water ski equipment.
If you keep your boat stored over winter, you’ll pay a reduced premium for the period your boat is not in use*.
*Eligibility criteria applies.
We’ll pay for loss to the registered and warranted boat trailer listed on your certificate of insurance.
Making a claim is easy. Just fill out an online claim form and we’ll take it from there.