Boat Insurance

We cover the following types of boats:

• Runabouts
• Sailboats (single hull and catamarans)
• Cuddy cabins (half cabins)
• Kayaks and canoes
• Cruisers
• Dinghies
• Ski boats
• House boats

We cover any permanent fixtures and fittings that are permanently attached to your boat. For example, winches, a fixed fridge, fixed fishing rod holders and any GPS or fish finder that's permanently wired in.

We also cover your boat's motor fixtures, including controls, propellers and fuel tanks.

For more information, please refer to the Product Disclosure Statement (PDS).

We cover the equipment you legally need to carry on your boat (which varies based on the size of your boat). This might include:

• Anchors and lines
• Bailing bucket
• Bilge pump
• Buoyancy vests
• Compasses and maps
• Distress flares
• Distress 'V' sheets
• Emergency Position Indicating Radio Beacon (EPIRB)
• Fire extinguishers
• Lifebuoys
• Marine two-way radios
• Oars or paddles
• Personal Floatation Devices (PFDs)
• Waterproof torch.

You can find out more details about the safety equipment requirements for most boats in the relevant Waterways handbooks.

If you change the address where you usually keep your boat or if you moor your boat during your policy period, please call us on 132 132.

If your boat has a lockable cabin or compartment, you can choose to cover your contents for an amount up to $10,000. The contents we cover with this option are:

• Clothing and personal belongings
• Household items and appliances
• Navigation equipment
• Diving equipment
• Fishing equipment
• Waterskiing equipment.

For more information about optional contents cover, please refer to the Product Disclosure Statement (PDS).

With lay up cover, you can reduce your premium and the cover we provide up to 6 months while you're not using it.

We still cover your boat in the lay up period you nominate. Although, you can't use your boat in that time and you must keep it on a trailer or dry stored at the address shown on your policy.

We also cover your boat in the lay up period if you're taking your boat for a scheduled service or to be repaired by a marine mechanic or repairer.

If you want to use your boat during the lay up period, we'll only cover it if:

• You tell us you're going to use it
• We agree to cover you for that use, and
• You pay us any additional premium that applies.

The types of excesses that may apply if you make a claim are:

• Basic
• Age
• Racing
• Special, for example owner or operator history or boat type.

For more information about excesses, please read our Premium, Excess and Discounts Guide (PED).

The frame or body of your boat, the deck, cabin and permanent fixtures or fittings attached to your boat.

A device that propels or powers your boat through the water. This includes fixtures like controls, propellers and fuel tanks.

The masts, spars and rigging support and assist a sailing boat to propel it through the water. The value of these items is included in the agreed value for the hull.

A small boat you only use to get to or from your boat. You usually tow it behind or carry it on your boat.

The most we pay for loss or damage to your boat tender, including its motor, is $2,000 as part of your agreed value.

A device that’s designed to carry your boat and be towed behind a vehicle.

The equipment and accessories we cover as part of your boat are:

• Equipment you legally need to carry (like fire extinguishers and life jackets)
• Tools you permanently keep on your boat for emergencies and maintenance (including spare parts)

Protective covers and canopies (including biminis) specifically designed for your type of boat.