Uncomplicated boat insurance for smoother sailing
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
Here’s a few benefits to look forward to – find out more about what we cover in the table below.
Lay-up cover
Not using your boat? Don’t pay like you are. Enjoy reduced rates as long as your boat is stowed away.
Missing recreational equipment cover
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.
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Accidental Loss
Boat or gear missing? We’ll cover the lowest of the market value or the total value your boat is insured for.
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Multi location cover
We provide cover for damage that happens to your boat – whether it happens on land, on water, in storage or on its trailer.
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Fire and theft cover
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3 year replacement from new
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.
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Up to 5 year replacement value for boat motor
We’ll pay for new mechanical and electrical components of your damaged motor if it is five years old or less.
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Emergency rescue and emergency repairs
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.
Up to $25,000
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Key and locks lost or stolen
Up to $1,000
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Social yacht racing cover
Social racers’ boats are covered during a race. This includes yachts, trailer sailers or off-beach yachts.
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Replacement boat cover
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.
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Marina liability
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.
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Transport and accommodation costs
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.
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Water skiing
Limits apply
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Emergency equipment restoration
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.
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Optional benefits
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Recreational equipment cover
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.
Optional $5,000 or
$10,000
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Lay-up cover
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.
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Boat trailer cover
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.
- The event
- You claim online
- We do our stuff
- You get your settlement