Cheapest Boat Insurance

[Out_There]

Has anyone shopped around the insurance companies lately and be able to pass on where they got the best deal. Looking to insure boat for about 50 plus third party. thanks Phil

[MY ALIBI]

club marine the best around they even have boat side assist for a emergency for injuries

give em a call 1800 club marine
good luck

wayno

[Marlin_Mike]

i'm with CGU. $22K of insurance for 300 a year premium.


Mike

[Dantren]

I bought 30k from club marine. About $400/annum.
Saved 5% by buying online.

[Briannes]

I got $28k for 315 at RACQ

[bastard]

85k for 1080 club marine,remember insurance is only good if they pay

[Sandman]

i changed from club marine to racq better deal imo

[White Pointer]

G'day,

Boat insurance costs around 1% PA of the BMT valuation. If it's a fairly new rig the insurers will know what it's worth, otherwise they may ask to have it valued.

The value to you comes in the fine print. Read the product disclosure statement carefully and note what you have to do to meet their conditions and what the claims procedures are.

Regards,

White Pointer

[Damned67]

I went through an insurance broker, and they put me onto Trident.
They had recently dropped Club Marine. From memory, it was something to with CM not have 'true' agreed value..... Remembering that they'll 'agree' to let you pay for a premium of x amount, but may only pay out on market value.

Edit: I'd also be careful about looking for the cheapest insurance.... you often get what you pay for....