Cover for boats and jetskis
New for old replacement for up to 2 years old
Optional additional cover available

CGU Boat Insurance is an all-in-one cover. It protects against theft, fire, malicious damage, stranding and capsizing, damage sustained while loading or unloading your boat, as well as collision with other vessels, jetties, submerged objects or motor vehicles.

Your vessel is also covered while in transit or in inland waters, within 200 nautical miles off the Australian coastline, or idle. Reasonable costs of salvage and recovery expenses are included over and above the sum insured.

Contact us for a quote on 1800 075 078.


  • New replacement boat if less than two years old
  • Cover for voluntary rescue work, transportation for repairs, personal property on board the boat
  • Liability cover
  • Faultless excess
  • Optional cover for agreed value
  • Optional cover available for yacht racing and water skiers or aquaplaning liability
  • Cover can be arranged over the phone with direct debits from most credit cards or accounts
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The fine print

Queensland Country Bank Limited ABN 77 087 651 027 AFS Licence No. 244533 acts under its own Australian Financial Services Licence and under an agreement with the insurer, Insurance Australia Limited ABN 11 000 016 722 AFS Licence no. 227681 trading as CGU Insurance. CGU Home and Contents Insurance, Landlords Residential Property Insurance, Car Insurance and Travel Insurance are issued by CGU. You can get a Product Disclosure Statement (PDS) for any of these products from any office of Queensland Country Bank. You should consider the PDS in deciding whether to buy or hold the relevant products.

The insurance section of this website contains 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 these insurance policies, you should consider the appropriateness of it having regard to your personal circumstances, plus obtain and consider the current Product Disclosure Statement and Target Market Determinations for the relevant insurance policy.