Boat insurance

[Seahorse]

I just got my renewal. RACQ 309.00 for $20000 insured.

I was just wondering where other people insure their boats.

Cheers
Greg

[copie]

Was with RACQ a couple of years but changed back to Club Marine cheaper and better cover.

Mark

[gpz1991]

Club Marine, mate had his patriot broken it to while in dry storage, they paid for the repairs and the gear he had locked in the cabin, only heard good reports at this stage

[bf90]

Suncorp $45k full comp cover for $700. Cheers.

[Stansy]

Hey Greg,
I to was insured with RACQ for number of years with old boat, up graded to larger glass boat last year, their quote for my new (second hand) boat was hundreds dearer than Club Marine. Have no issues with them, went with Club Marine cheaper policy and better cover. Go with Club Marine.
Mark

[kingcray]

hey Greg i have RACQ aswell.. i cant even remember the policy i thought it was for 15k all i know is it only costs me $17 / month

[netmaker]

Suncorp $45k full comp cover for $700. Cheers.

worried about flood damage mate?

[Moonlighter]

Seems to go in cycles, these insurance prices.....

I was with Suncorp for my previous boat and the premiums got rediculous, so changed to RACQ where I'm a Gold member and got a great deal. Shopped around when I got the Surtees 2 years ago and they were still the best, policy and price wise. Recent renewal was a small increase so renewed.

Good idea to shop around every couple of years, it seems to me.

At present I'm checking out landlords insurance for an investment house I'm buying, and NRMAs policy looks good and their price is at least 20% better than RACQ and almost 50% better than Suncorp! So pays to check around.

The biggest problem with ank kind of policy is that the policy terms often vary so much that it's hard to compare apples with apples...... So many variables it's not funny. Just have to figure out what the most important policy terms are for you and compare them, otherwise you go nuts!

Cheers

ML

Cheers

ML

[paullee]

i'm with Suncorp and have a few policies but what annoys me is that as far as boat insurance goes they all quoted market value and did'nt want to commit to an actual figure...can't remember if Club Marine was like this as well? i know the last boat i had in NSW they made me split the value up by hull, motor and trailer....still not easy to do but i think i would prefer this than "market value at the time"......

[Still_Dreamin]

I have club but hear neptune is good

[LittleSkipper]

Another RACQ Car & Boat Insurer...

[fisho8]

All I am going to say here is you get what you pay for whether it be house,car,boat,trailer. As some may know on here I am an assessor for Suncorp and also do assessments for AAMI,VERO,JUST CAR,SHANNONS,GIO,AMP and BINGLE. Cheapest does not mean it is better it means it is basic so read the PDS and make the decision as to if it suits you. Don't wait until you make a claim to find out what you are entitled to under the policy you have purchased. I see so many people who buy expensive cars/boats etc and insurer them with the cheapest insurance they can find. Then I have to listen to them piss and moan about how shit the insurance company is and how we give them nothing and we suck and so on and so forth simple fact is if you can afford to own a big ticket item you can afford to cover it with the best. A mate of mine has just bought a $125000 merc he gets a quote from Suncorp it come's in at $1500 AAMI quotes him $1300 and NRMA quotes him $550 so he goes with NRMA 2 weeks later someone backs into him at the airport he was told by the broker he gets choice of repairer I know the NRMA process and I tell him this is not th case and they will choose the repairer for him. I now have a bet with him that I will know I will win haha and I am just waiting for the phoncall to say I am right haha. When you hand your money over you are bound by that policies terms and conditions so be careful and read the insuerers PDS to make sure you look at all the benefits you will get under the policy.

[bobbyb]

just got a quote the last week over the phone with racq for 30 grand. jumped though all the hoops......... that will be $575.00.WHAAAAAAAAT.

whoops mister xxxxxxxxxxxxxx i forgot to give you your discount. $410.00 ahh thats better. people who don't speek up must get screwd bad.....

[goat boy]

I was with RACQ when I lived in QLD, when I came to WA I found them just frustrating to deal with to try and swap everything over to RAC (and the premiums were a lot more $$). I gave club marine a go, they were helpful and knew exactly what they were talking about (unlike RACQ) so I went with them (and the policy was cheaper, yes I did read the documents before I signed and know where I stand). Never had to make a claim on the boat so dunno how any insurer is but RACQ/RAC lost all my insurance (had everything with them) because they just damn well seemed like they didn't want the business anymore, in fact, they had already told me they dropped my car insurance as they don't deal with cars and Karratha! Gave me 5 days grace to get new stuff and issued me a cheque pronto for refund (thats when I dropped them for everything).

[Lancair]

Im with Club Marine, full comp, fixed value $58k, and they know (have been advised in writing with photos) its parked on a road, outside my unit complex, with wheel clamp and hitch lock and its own cover, for security. Approx $640/yr, I pay by month for no extra cost (afaik) $53.40/mnth