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.
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Third party legal liability
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You are covered for $10 million for your legal liability which results from the use of your boat.
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| New boat replacement
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We will replace your boat that is less than 2 years old with a new one in certain circumstances, if we decide it is a total loss.
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| Changing your boat |
If you sell your boat and buy another, we will cover it for 14 days.
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| 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.
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| 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 (up to your sum insured)
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| Towing costs |
We pay the costs to tow or move your boat after an incident.
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| 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.
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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.