Whether it's smooth sailing or rough seas we understand the need to cover your boat against damage.

Let us take care of your Boat Insurance needs so you can get on with enjoying Queensland’s beautiful waterways.

It’s great value cover for when you need it most.

With Boat Insurance you also become an RACQ member giving you access to a wide range of member benefits including savings at over 1200 partner locations, discounts on pre-purchased theme park and movie tickets, and 24 hour travel assistance in Australia with Aussie Assist.

Get a quote  Read the PDS

Insurance discounts

Like to reduce the price of your insurance?

Check which insurance discounts you're eligible for.

What you get with boat insurance

When you take out RACQ Boat Insurance, your boat is well covered. You’ll get:

Loss or damage to your boat We cover loss or damage to your boat following a collision, weather events (flood, hail, storms, cyclones), fire, malicious act, theft or attempted theft.
Third party legal liability
You are covered for $10 million for your legal liability which results from the use of your boat. 
New boat replacement In the event of a total loss or theft, we will replace your boat.
Changing your boat If you sell your boat and buy another, we will cover it for 14 days.
Contents  We pay up to $500 if your contents, or which you are liable for, is damaged in an incident. 
Personal property We pay up to $500 for loss or damage to personal property that belongs to you and is in your boat when an incident occurs. 
Safety equipment We will reimburse you up to $500 if you must replace/recharge fire extinguishers or flares after an incident. 
Transportation cover We cover your boat while it's being towed or transported within Australia. 
Towing costs We pay the costs to tow or move your boat after an incident.
Temporary accommodation We pay certain short term accommodation and travel costs up to $500 after an incident that involves your boat.
Inspecting your hull We pay for the cost of an authorised hull inspection after a stranding. 
Minimising damage We pay for the cost of preventing further damage to your boat after an incident.

The above features are a summary only and limits apply. Please refer to our Product Disclosure Statements for full details, exclusions, and terms and conditions.

Choose from optional extras

Add these optional benefits to your comprehensive policy and extend your cover for an additional cost. 

Racing  We cover the sails, mast, spars and rigging on your yacht or sailing boat when you’re racing. 
Water skiing We cover your legal liability when someone is being towed behind your boat.

Please refer to our Product Disclosure Statements for full details, exclusions, and terms and conditions.

Save on your boat insurance

Put the following discounts to use and reduce the cost of your insurance. 


Roadside Assistance loyalty discount  Already an RACQ member with Roadside Assistance? Get up to 17.5% discount on your boat insurance depending on your level of membership.
Multi-policy discount If you have three or more insurance policies with RACQ, get up to 5% off each of your eligible policies. 
No claim discount Be rewarded when you don’t make claims. You can save up to 25% with our No Claim Discount. 

Get a quote  Read the PDS

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Insurance products (excluding Travel Insurance and the Life and Income Protection Insurance suite of products) are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQ). Conditions, limits and exclusions apply. Please read the PDS before making a purchase decision on this product. Any general advice relating to this product at racq.com is provided by RACQ.

Banking products and loans are issued by Members Banking Group Limited ABN 83 087 651 054 AFSL and Australian credit licence 241195 trading as RACQ Bank. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, before deciding. Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.