Boat insurance protects your watercraft—dinghy, yacht, jet ski, or cruiser—from damage, theft, and liability. While not mandatory in Australia, it’s strongly recommended for all boat owners and operators.
What Boat Insurance Covers
Boat insurance offers flexible protection options to suit every type of vessel and owner—covering everything from accidental damage and theft to third-party liability, onboard gear, and environmental clean-up costs.
Comprehensive
Accidental damage (land/water)
Theft, vandalis
Fire, storms, floods
Onboard gear and personal items
Rescue and towing
Third-Party Liability
Damage to others’ property
Injury to others
Legal costs
Third-Party Fire & Theft
Fire, theft, and liability—mid-level protection
Lay-Up Cover
Lower premiums while stored, still insured
Pollution Liability
Cleanup costs for fuel or oil leaks
Cover at a glance
Boat insurance can be tailored to suit how and where you use your vessel.
Choose from comprehensive, third-party, or lay-up cover to protect against damage, theft, and liability.
Policies can include cover for your boat, trailer, onboard gear, and even environmental clean-up, with options to adjust limits, excesses, and inclusions to fit your needs.
Who needs it?
Boat insurance is important for anyone who owns, operates, or stores a watercraft. It provides protection for recreational and commercial users alike, helping safeguard your vessel.
Private Owners
Boats are costly—insurance safeguards your investment.
Recreational Boaters
Covers accidents and liability, even in calm conditions.
Jet Ski Users
High-risk and prone to theft.
Commercial Operators
Charter and tour boats need tailored protection.
Marina Users
Many marinas require liability coverage.
