Total cover for your Watercraft

Comprehensive Watercraft Insurance

This is the total package so you can sail away safe in the knowledge that your watercraft is fully protected. Comprehensive insurance covers damage caused to your watercraft as well as protecting you from having to foot the bill should it cause damage to someone else’s property.


Product Features

Protection from a wide range of insured events from fire and theft to severe weather events and lots more inbetween. 

Policy Wording 

Comprehensive policies include cover for accidental damage caused to the watercraft.

Cover for damage to the watercraft that is caused intentionally is included under Comprehensive cover.

Comprehensive policies include cover for accidental damage to the watercraft caused by a storm or flood.

Your watercraft is automatically covered for damage caused by fire.

We cover your watercraft for damage caused by theft or attempted theft.

Cover includes cover for damage to the watercraft caused by earthquake.

If you’re involved in an insured event as a result of which your watercraft isn’t safe to use and you’re more than 100km from where the watercraft is usually kept, we’ll pay up to $1,000 for your emergency accommodation, transport or repairs.

We’ve got you covered to the tune of $10 million if your watercraft causes damage to someone else’s property.

After an insured event we’ll pay the reasonable cost of salvaging the watercraft wreck as well as towing to a suitable place. We’ll also pay the reasonable costs to prevent further loss or damage.

If the keys to your watercraft are stolen, we’ll cover the cost of replacing the keys and recoding the locks.

It’s not just your watercraft we’ve got covered in the event of an insured event; we’ll look after your contents inside it too. Comprehensive policies include up to $750 of cover, up to $150 per item and you also have the option to upgrade this cover to up to $1,000 per item.

We will cover your replacement watercraft, when you trade in your current watercraft, for up to 14 days after the purchase, if your replacement car is purchased for less than $75,000.

If your watercraft’s signwriting is damaged due to an insured event we’ll pay up to $500 to replace it.

If your watercraft suffers loss or damage due to an insured event we’ll cover up to $1,000 for any mooring cancellation or re-booking fees you incur.

Set a new NZSFC (New Zealand Sportfishing Council) fishing record and we’ll pay you $200.

We’ll pay $500 to the helicopter or coast guard rescue service that rescued you from your stranded watercraft if we also accept and pay a claim for the same event

Up to $1,500 per household member to cover the cost of counselling sessions after a claim.

Wait, there's more

You can tailor your policy to suit you and add even more protection with these great optional covers.

You have the option to include cover against loss or damage to your watercraft as a result of an insured event when it is being used in a social sailing race.

Upgrade your level of contents cover up to $1,000 per item.