Pleasure Craft
Boat Insurance
protected by coast
Coast Insurance offers a choice of either comprehensive insurance cover, including third party legal liability and personal accident, or third party legal liability only for your pleasure crafts.
Key Features
- New for old replacement if your craft is a total loss and less than one year old
- Pollutions liability covered up to $1,000,000 in the event of accidental discharge of pollutants
- Recovery or removal of wreck up to $1,000,000
- Accidental damage to motor, with new for old replacement on mechanical and electrical components up to eight years of age
- Cover for equipment and accessories including fishing equipment, diving equipment, paddle craft used in conjunction with your vessel and laptops if used for navigational purposes
- Cover for household contents including bedding, crockery, cutlery, kitchen appliances and utensils, unfixed furniture and furnishings
- We will pay the reasonable cost of taking action to minimise loss/removal to safety if your vessel gets into difficulties
- If your vessel is stranded, we will pay the reasonable costs of inspecting the hull to see if it is damaged and the excess shown in the current policy schedule will not be deducted
Our comprehensive insurance has three main sections:
LOSS OF, OR DAMAGE TO, YOUR CRAFT
Includes motors, equipment and accessories, trailer and personal effects of you or any passenger.
Coverage for:
- Accidental damage
- Theft
- Sinking
- Storm damage
- Malicious damage
- Fire
THIRD PARTY LEGAL LIABILITY
Includes you and any person allowed by you to control your vessel.
Coverage for:
- Pollution liability
- Legal liability for accidental damage to other people’s property
- Legal liability for accidental death or bodily injury to a person other than you
- Berth holders liability
LOSS OF, OR DAMAGE TO, YOUR CRAFT
Includes death or bodily injury to you arising directly from the use of your vessel.
Coverage for:
- Lump sum payout in the event of death
- Funeral expenses
- Weekly payments for temporary total disablement
- Lump sum payout for permanent total disablement
Our comprehensive policy also offers the following emergency assistance:
- Emergency delivery of fuel
- Reasonable costs of medical evacuation and patient transport
- Returning your vessel to your home or its usual berth, mooring or storage facility
- Temporary accommodation (maximum five nights)
- Transport home (economy class or equivalent)
Risk Appetite
- Private vessels, power or sail
- Stored in or out of the water
- Water skiing or yacht racing options (as applicable)