Boat Insurance
Boat insurance cover on land or in the water.
CGU Boat Insurance is an all-in-one cover. It protects against theft, fire and malicious act.
What's included
- Accidental damage Cover your boat for loss or damage caused by accidental damage.
- Theft or attempted theft Cover your boat for loss or damage caused by theft or attempted theft.
- Collision or Crash Cover your boat for loss or damage resulting from collisions or crashes.
- Vandalism or a malicious act Cover your boat for loss or damage caused by vandalism or a malicious act by someone else.
- Emergency repairs CGU pay for emergency repairs to secure or drive your boat if it’s damaged in a covered event (up to $800).
- Hull inspection If you need to check if there's loss or damage to your hull after an event we cover, CGU pay the reasonable cost of a hull inspection.
Choose from these optional benefits when you're getting a quote
Lay up cover
Add an option to reduce your premium by choosing lay up cover for up to 12 months while you're not using it.
Liability cover for water skiing and floatation devices
Add an option to extend your liability cover to include cover for when your boat is towing a waterskieror a person on a floatation device.
Racing Risk Extension
Add an option to cover your sailboat when you're racing it in certain events (less than 50 nm radius).
Excesses and exclusion periods may apply. Refer to your Certificate of Insurance. For detailed terms, conditions, limitations, and exclusions, please read the Product Disclosure Statement.
These products are issued by Insurance Australian Limited ABN 11 000 016 722 AFSL 227681 under the CGU brand. Read MyState Bank's Financial Services Guide FSG) for more information.
