Frequently Asked Questions.

Going direct to an insurer might seem like the simpler option, but it comes with a significant trade-off. You're limited to that insurer's product, their terms, and their interpretation of the policy at claim time. A specialist broker gives you access to the broader marine pleasurecraft market, including insurers who don't sell direct to the public at all. More importantly, we act for you, not the insurer. We negotiate your policy, advocate for you during a claim, and ensure your cover reflects how you use your vessel. The difference often becomes most apparent when something goes wrong.

We specialise in luxury and high-value vessel insurance, covering a wide range of craft including sailing yachts, motor yachts, superyachts, catamarans and multihulls. We have the expertise and insurer relationships to arrange cover that genuinely suits your vessel.

A comprehensive policy generally covers physical loss or damage to the hull and machinery, third-party liability protection, salvage and emergency assistance, and personal effects kept aboard. Every policy is different, and the details matter enormously when making a claim. At Luxury Yacht & Boat Insurance, we walk you through what is and isn't covered before you sign anything.

Yes. Many of our clients sail beyond Australian waters, and we regularly arrange policies that include extended offshore and international cruising cover. The geographical limits of your policy are one of the most critical elements to get right; sailing outside your agreed cruising area can invalidate your cover entirely. When we tailor your policy, we ask specifically about your intended passages and cruising plans to ensure your coverage matches your ambitions on the water.

Your safety and the safety of anyone aboard always come first. Once you're safe, your next call should be to Luxury Yacht & Boat Insurance, not your insurer directly. How a claim is communicated and lodged from the outset can significantly affect the outcome, and we want to make sure you're guided correctly from the very beginning. Call us on 1300 010 307 as soon as it is safe. In the meantime, document everything you can: photographs, descriptions, witness details, and any relevant reports from maritime authorities or police, if applicable.

The timeline varies depending on the nature and complexity of the incident, the insurer involved, and how quickly assessors and repairers can be mobilised. A straightforward claim with clear documentation can often be resolved within a few weeks. More complex claims, particularly those involving significant structural damage, salvage, or third-party liability, can take longer to resolve.

Getting a quote is completely free. There is no cost to you at any stage of the quoting process, and no pressure to proceed if the options we present aren't right for you. We'll always be transparent about how we're remunerated and ensure you understand exactly what you're paying for before any policy is put in place.