Anchors away! Set sail with CGU Boat Insurance
CGU Boat Insurance provides comprehensive cover against theft, fire, accidental or malicious damage… even stranding is covered. So you can sail away without a worry in the world.
of your boat
If your boat is less than 2 years old and is a total loss, we’ll buy you a new one.
Accessories, tools and contents? Tick
Up to $1,000 worth of cover for marine accessories, contents and tools when they are on the boat.
Enjoy all of Australia's waterways
You’re covered while navigating inland waters, and coastal waters up to 200 nautical miles offshore.
If your boat causes damage to another person’s property, we’ll take care of it (terms, conditions and exclusions apply).
Choose your optional extras
From water skiing to yacht racing and extra accessories - it’s easy to add extra cover to your boat insurance.
Doing rescue work?
Voluntary rescue work is covered. Personal property on board the boat is too (up to $1,500 in total).
Need help choosing the right insurance?
We’re here to help you tailor your boat insurance policy to reflect how you use your boat. Our friendly CGU insurance specialists can answer all your questions, or you can turn to an insurance adviser for help in assessing your risk and working out the right cover for your needs.
Looking for Boat Insurance in SA, WA or the NT?
Our Boat Insurance is now only available through our partners in South Australia, Western Australia and the Northern Territory. If you would prefer to get your insurance direct from an insurer, you can visit NRMA Insurance to see their Boat Insurance policy and get a quote.
If you already have a policy with us, we'll contact you if there are any changes to it in the future.