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Commercial hull insurance

Cover for charter vessels, tug boats, barges and small work boats.

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.

New-for-old replacement

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.

Key features

  • 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

Find an adviser

Speak to an insurance adviser