Pleasure Craft Insurance

There’s just something about get out and about on the water. It just makes you feel more alive, happier, more free! If you’re lucky enough to own your own pleasure craft then we’re sure that you can attest to this!

With an abundance of gorgeous waterways – and hey, our whole country is an island too – Australia is the perfect place to go cruising down the riving, take your friends out on the lake for water-skiing, or go out racing on the clear blue ocean.

Taking your boat out isn’t without the risk of danger, though. And that’s what insurance is for. To cover you if a storm hits and you sustain damage, if you collide with another boat knocking someone to the deck who needs hospitalization, if someone crashes into you and they don’t have insurance…

At DGA, we’re experts in hunting out the best insurance to when it comes to your craft. We ensure you have an excellent level of coverage at a great price. While each and every package is tailored specifically to your craft and how you use it, we have a base package that we always recommend for our clients.

The main features of this policy include:

  • All types of craft insured at competitive prices e.g. yachts, power boats and runabouts, cabin cruisers, houseboats and game fishing boats

We provide insurance options for a huge range of water craft, no matter how big or small.

  • A Third Party Liability Limit of $10,000,000, including water-skier’s liability
    Make sure that you’re covered for any personal injury or damage caused by your boat – including the person that you’re towing behind your vehicle
  • We can also insure your runabout or jet ski on the same policy with automatic liability cover for water skiers on runabouts

Combined policies save costs and the overhead of extra paperwork.

  • The Agreed Value Sum insured

We reach an agreed value of your pleasure craft before insuring, so you are covered to the value of the policy.

  • All on board equipment is covered

Your prized fish finder and communications equipment are all covered under your policy.

  • Tender dinghies are included in the policy without any extra fee

Any incidental boats that stay with your craft are classified as part of the boat itself.

  • No Claim Bonus discounts of up to 25%

Save on your policy costs when you don’t make any claims.

  • Further discounts for Burglar Alarms and Gas detectors

Certain safety features on board will reduce the cost of your insurance.

  • Australia wide coverage
    Be assured that you are insured wherever you take your boat around Australia.
  • Sail craft racing risks covered

Competitive sailing doesn’t mean that you have to risk your boat, with automatic cover included for racing.

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At DGA, it’s our job to find the best policies for your unique situation, at truly great prices. We are experts in wading through the fine print so that you don’t have to. Our superior knowledge in the insurance industry, especially when it comes to boats, means that we get it right first time, every time.

Ready to get up to date with a great pleasure craft insurance package? Call us today on (03) 8636 9000 and get the ball rolling.

Do I need insurance for my pleasure craft?

It is imperative that you protect yourself against any injuries or damage to property caused by your boat. This is your third party liability and is an essential insurance for anyone out on the water. Our package covers you for claims of up to $10 million made against you.

Beyond your third party liability insurance, you’ll have to think about what would happen in the case of an accident or natural event? If your son was driving and managed to wreck the boat? If a storm blew in and you capsized? Would you be able to cover the costs from your own pocket? And should you? What about if you injured yourself when running aground?

The right level of insurance cover can give you peace of mind that you will be covered in the event of an accident or incident.

What types of pleasure craft can be insured?

Need to know whether your boat’s able to be covered? A pleasure craft is defined as any vessel that’s used purely for recreational purposes, whether it’s just floating around on the weekends, or you’re probably classified as addicted to fishing. Here is a list of pleasure craft that can be insured:

  • Cabin cruiser
  • Yacht
  • Powerboat
  • Bass boat
  • High performance boat
  • Trawler
  • Personal watercraft
  • Sailboat
  • Paddleboat
  • Game fishing boat
  • Houseboat
  • Deck boat
  • Bow rider
  • Ski or wakeboard boat
  • Pontoon boat
  • … and more!

This list is by no means definitive, so if you have any queries about your vessel, make sure to give us a call.

What optional extras can I include in my package?

There are a raft of optional extras that you can choose from when it comes to your insurance policy. If you wish, you can include sports equipment insurance, which will cover any sporting items that you bring or keep on board your boat. You may also like to choose to protect yourself against the costs associated with an oil spill from your craft, coverage for any other driver of your boat, or a berth holders liability event. Chat to one of the team to find out more about what you can cover.

What events are covered under the insurance policy?

You are automatically covered for the following events:

  • Damage to the boat in Australian waters
  • Loss of the boat in Australian waters
  • Theft of the boat
  • Wilful damage inflicted by another person
  • Damage occurring during the transportation of your boat, including while towing with your car on the road
  • Wrecker’s fee if the boat needs to be retrieved following a wreck
  • Damage sustained during the course of racing
  • Injury, death, or damages caused by your boat
  • Injury, death, or damages caused by a waterskier that you are towing

For more info on events covered, make sure to check with us at DGA.