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New for old replacement

If your boat was purchased new, is less than two years old, and is a total loss, CGU will replace the boat with a new one provided a replacement is locally available.

Accessorise your cover

Cover for up to $1,000 for marine accessories, contents and tools that you take with you on the boat.*

Choice of optional extras

From water skiing to yacht racing and extra accessories - it’s easy to add extra cover to your boat insurance.*

You could get $150 cashback

Be rewarded when you take out a new eligible Motor Insurance policy through P&N Bank.

What else is covered?

Small white boat

  • $10 million of liability cover
  • Accidental damage
  • Fire
  • Theft or attempted theft
  • Cover while engaged in any rescue work within Australia
  • Cover while navigating Australian inland and coastal waters up to 200 nautical miles offshore
  • Fishing gear, water ski equipment and diving equipment
  • Storm

This is only a summary, see everything that is and isn’t covered in the Product Disclosure Statement (PDS).

 Boat Insurance PDS - PDF, 350 kB

Ready for a quote?

To get a quote for boat insurance, you can either contact us on 13 25 77 during business hours or request a callback.

There’s no such thing as a silly question

To make an insurance claim you'll need your policy number and the time, date and details of the event – whether it be a car accident, home damage or lost/stolen property.

For car insurance claims, you'll also need the details of any other people involved in the incident including their name, address and registration number, contact details and any relevant documents.

Find out more about making an insurance claim.

An insurance excess is simply the amount that you'll need to pay towards the cost of an insurance claim.

There are different types of excess that apply to different policies. For example, in addition to the basic excess which applies when you make a claim on Car insurance, you may also be required to pay an age excess, inexperienced drivers excess or additional excess. Please refer to your Product Disclosure Statement for more information.

You'll receive your insurance policy renewal via your preferred method (email or post) a few weeks before your policy is due to expire. Please make sure your contact details are up-to-date and advise us of any changes to your personal circumstances or the insured asset, as this may require changes to your policy.

If you're making monthly or quarterly direct debit payments on your policy, and are happy with your policy renewal information, you don't need to do anything. Your policy will automatically renew  at the new premium amount advised. If you pay annually, you'll need to arrange payment of the premium amount quoted.
 
If you would like to speak to someone about your policy renewal, or make changes to your policy,  please call us on 13 25 77 and one of the team will be happy to help.

Important information

*Underwriting criteria, policy terms, conditions, limits and exclusions apply. Please see the Product Disclosure Statement for full details.

Police & Nurses Limited (P&N Bank) ABN 69 087 651 876 AFSL 240701 acts under its own AFSL and under an agreement with the issuer Insurance Australia Limited trading as CGU Insurance ABN 11 000 016 722, AFSL 227681. Any advice provided is general advice only and does not take into account your individual objectives, financial situation or needs (“your personal circumstances”). Before using this advice to decide whether to purchase a product, you should consider your personal circumstances and the relevant Product Disclosure Statement and Target Market Determinations (TMDs).