Enjoy peace of mind while on the water with Boat Insurance through QBANK.
✓ 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 flood1.
✓ 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.
✓ Vandalism or a malicious act: Cover your boat for loss or damage caused by vandalism or a malicious act by someone else.
✓ 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.
✓ 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).
✓ 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.
Add these when you get a quote
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.
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 water-skier or a person on a floatation device.
Racing Risk Extension: Add an option to cover your sailboat when you're racing it in certain events (less than 50 nm radius).
1 CGU may not cover you for some severe weather events during an embargo period (which is usually when we know a severe weather event is about to occur).
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.
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, Premium, Excess and Discounts Guide and Target Market Determination.
Our partner CGU is here for you anytime, any day. Call CGU's claims team 24 hours a day, 7 days a week on 13 24 80 to make a claim.
For more information on the claims process, visit CGU's claims website.
QPCU Limited T/A QBANK ABN 79 087 651 036, AFSL 241413 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. Any advice provided 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, Premium, Excess and Discounts Guide and Target Market Determination.
