How to Compare Boat Insurance Quotes in Australia

A practical checklist for comparing pleasurecraft insurance policies beyond just annual premium.

Choosing a policy only on price can leave major gaps at claim time. Use this checklist when comparing insurers.

1) Confirm the agreed or market value basis

Ask whether your vessel is insured on agreed value or market value, and how depreciation is handled after a total loss.

2) Review navigation and mooring limits

Check where you are covered, whether offshore distances are capped, and what mooring security requirements apply.

3) Compare excess structures

Some policies use multiple excesses depending on claim type, operator age, or weather events.

4) Assess emergency assistance and salvage

Review towing, salvage, and wreck removal limits. These can materially change your out-of-pocket exposure.

5) Clarify claims service expectations

Understand how quickly claims are triaged and whether your broker supports escalation with the insurer.

For tailored policy comparisons, contact Boat Owners Insurance.