CGU Commercial Hull Insurance is a plain language policy providing cover for charter vessels, tug boats, barges and small work boats (excluding commercial fishing vessels) operating within 200NM from the Australian coastline.
If disaster strikes and your boat is destroyed, CGU will replace it with a new one if it’s less than 1 year old.
Get a quote and apply
Contact your insurance adviser or find an insurance adviser to obtain a Commercial Hull Insurance quote and complete an application.
- Accidental damage and latent defect (excluding part itself)
- Up to $1,000,000 for removal of wreckage
- Auto land transit cover (road carrier must be declared)
- Liability cover includes defence costs in addition to sum insured
- Return to base cover of $1,000
- Optional cover for sports equipment and pollution clean-up costs up to $25,000