RAA Boat Insurance provides the cover you need Australia-wide and up to 200 nautical miles off the coast. Our policy includes cover for your boat, engine and trailer, so whether you're water skiing, racing the trailer-sailer or just wetting a line from the tinnie, we can tailor a policy to suit your needs.
Boat Insurance Benefits
Accidental loss or damage
You’re covered Australia-wide and up to 200 nautical miles off the coastline of Australia for accidental loss or damage to your boat as a result of a storm, fire, flood, hail, malicious damage (such as vandalism), collision, perils of the sea, and theft or attempted theft. Any standard accessories (e.g. fishfinder/chartplotter/CB radio/lifesaving equipment) that were fitted to the boat when new are covered under your policy. After-market accessories can be added to your policy.
Contents cover up to $1,000
If your boat is broken into we’ll cover up to $1,000 for theft of the contents (excluding personal effects such as mobile phones, tablets, jewellery and credit cards). We’ll also cover accidental damage to the contents if the boat itself is damaged as a result of an insured event.
New boat replacement
If you buy a new boat and it’s written off within the first two years, we’ll replace it with a new one of the same make, model or series, subject to local availability.
Rescue expense up to $5,000
If your boat is reported missing while you’re aboard, we’ll cover up to $5,000 charged by a maritime rescue organisation for each rescue operation.
We’ll cover up to $20,000,000 legal liability for any loss or damage to other people's property arising from the use of your boat.
Inspection of hull after running aground
We’ll cover the cost of an inspection of your boat’s hull after running aground, even if no damage is found.
14 day change of boat cover
When you replace your boat we'll cover your new boat for up to 14 days.
Emergency repairs (up to $750)
We’ll cover up to $750 for emergency repairs to your boat so you can get it to your destination, the nearest repairer or a place of safety, after an insured event.
No fault excess
We’ll cover your excess if, in our opinion, you were not at fault and you can supply the details of the other party involved.
We’ll cover the cost of salvage and the removal of the wreck of your boat following an insured event.
Towing and storage
If your boat is damaged as the result of an insured event, we’ll cover the cost of its removal and storage at the nearest repairer or place of safety, or to any other place approved by us.
Death of driver or operator
If the driver of your boat is 18 years of age or older and is killed as a result of a boating accident (private use only), we’ll pay $4,000 to the estate of the deceased.
With our prior agreement, we’ll cover all legal costs and expenses incurred in defending any civil court proceedings arising from an insured event involving your boat.
We’ll cover the driver, observer and waterskier for up to $20,000,000 legal liability for any loss or damage to other people's property and/or their bodily injury or death that occurs while using your boat for waterskiing.
Racing Risk (yachts and sailing boats only)
We’ll cover you for loss or damage to sails, masts, spars, standing and running rigging if you’re racing under sail or travelling to a race. We’ll also cover you for loss or damage to other people's property, bodily injury or death that occurs while using your boat for racing.
The information included in this website and in our brochures is a summary and is intended as a guide only. Each section should be read subject to the full terms, conditions and exclusions as set out in the Boat Insurance Product Disclosure Statement (PDS). RAA Insurance products are issued by RAA Insurance Limited, ABN 14 007 872 602, AFS Licence No. 232525.