Cover generally includes accidental loss or damage through events such as collision, sinking, grounding, fire, vandalism, storm or theft to hull, motor(s), spars, equipment and accessories, boat tender and personal effects in or on your boat.
Whichever option floats your boat, we can help you.
There are often exclusions, deductibles and limits which apply, so contact an Avoca Insurance Broker to discuss your specific insurance needs.
Have any questions? Call for a quick chat!
Yes you are only covered for events in your policy in Australian Waters
We would recommend you maintain your cover even during off-season when you are not likely to use your boat.
If your boat is financed, your financier may require that you hold cover all year round.
On the other hand, if your boat is in storage you can still face risks such as theft, vandalism or fire and you could be responsible to pay for the damages out of your pocket - which could prove very costly.
You could add “lay-up” months to your policy to reduce your premium slightly and still be covered for fire, theft and storm damage at the storage location. Lay-up also covers the boat whilst being moved to / from and whilst at a dealer or service centre for normal servicing and maintenance.