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Boat Insurance includes:

  • Accidental damage
    Cover your boat for loss or damage caused by accidental damage.
  • Fire, storm and flood
    Cover your boat for loss or damage caused by a fire, storm or flood.1
  • Towing
    If an incident CGU covers causes loss or damage to your boat and it's unsafe for you to tow, CGU will pay to take your boat to a repairer or a safe place. This is paid on top of your agreed value.
  • Vandalism or a malicious act
    Cover your boat for loss or damage caused by vandalism or a malicious act by someone else.
  • Emergency transport and accommodation
    If your boat can’t be driven or used after certain covered events (more than 100km from home), CGU pay for temporary accommodation and emergency transport (up to $1,000, on top of your agreed value).
  • Theft or attempted theft
    Cover your boat for loss or damage caused by theft or attempted theft.
  • Collision or crash
    Cover your boat for loss or damage resulting from collisions or crashes.
  • Emergency repairs
    CGU pay for emergency repairs to secure or drive your boat if it’s damaged in a covered event (up to $800).
  • Hull inspection
    If you need to check if there's loss or damage to your hull after an event we cover, CGU pay the reasonable cost of a hull inspection.
  • Liability cover
    Cover for up to $10 million for the liability of you or anyone with permission to control your boat, if its use causes property damage, death or injury to another person.

Optional cover

Lay up cover

Add an option to reduce your premium by choosing lay up cover for up to 12 months while you're not using it.

Racing risk extension

Add an option to cover your sailboat when you're racing it in certain events (less than 50nm radius).

Liability cover for water skiing and floatation devices

Add an option to extend your liability cover to include cover for when your boat is towing a waterskier or a person on a floatation device.

Why choose to insure through CGU?

Flexible payment options

Choose your cover and pay fortnightly, monthly or quarterly at no extra cost.

Claims guarantee

CGU offers a lifetime guarantee on the workmanship of authorised repairs, valid for as long as you own the boat.

Manage your insurance online

For policies purchased or renewed after DATE, certain updates can be made online.

Manage your insurance online

For policies purchased or renewed after DATE, you can make certain updates online, such as adjusting your excess amounts or optional benefits.

Simply log in to your account to see the available options. For assistance, call CGU at .

For significant changes, like purchasing a new car, please call us directly at .

Manage your insurance online

Need to make a claim?

Call our partner CGU's claims team 24 hours a day, seven days a week on to lodge a claim.

Home or motor vehicle claims can also be made online by visiting the CGU Insurance claims page or by logging in to your CGU online account.

Call CGU on 13 24 80 Make a claim online with CGU

Frequently asked questions

The changes you can make to your policies using your online account depend on the specific policies you hold.

For example, if you have a Comprehensive Car Insurance policy, you can:

  • Add/edit the car's VIN
  • Add/remove a windscreen option
  • Add/remove a hire car
  • Add/remove drivers
  • Add/remove the car's credit provider
  • Amend your excess
  • Amend your sum insured
  • Change and view your risk address
  • Change kilometres driven/garaging
  • Change the address where the car is kept
  • Change your car's number plate details
  • Switch from agreed value to market value

For more information about what changes you can make to your policy, please
contact CGU on 13 24 81.

Important information

Excesses and exclusion periods may apply. Refer to your Certificate of Insurance. For detailed terms, conditions, limitations, and exclusions, please read the Product Disclosure Statement.

Police & Nurses Limited (P&N Bank) ABN 69 087 651 876 AFSL 240701 acts under its own AFSL and under an agreement with the issuer Insurance Australia Limited ABN 11 000 016 722, AFSL 227681 under the CGU brand. The information on this website is general advice only and does not take into account your individual objectives, financial situation or needs (your personal circumstances). Before using this advice to decide whether to purchase a product, you should consider your personal circumstances and the relevant Product Disclosure Statement and Target Market Determinations (TMDs).

1. CGU may not cover you for some severe weather events during an embargo period (which is usually when CGU knows a severe weather event is about to occur).