Boat Insurance Features

SGIO has been providing boat insurance for around 30 years and so we understand boaties like you. We offer the boat insurance cover you need, on or off the water, at a competitive price. We also provide options such as Lay up Cover that enables you to reduce your boat insurance premiums. It makes sense to have your boat insured by a company you know and trust. Here are some more good reasons to insure with us.

Great boat insurance discounts and rewards
We offer great boat insurance discounts and rewards.
What’s in it for you? You may receive a no claim bonus even if you’ve never had boat insurance before or you may get a multi-policy discount if you hold other policies with us.

Competitive prices
We offer competitive prices with full cover on or off the water.
What’s in it for you? You have the boat insurance cover you need at a very competitive price. Why pay more than you need to?

Full boat insurance cover on and off the water
We cover you on or off the water, anywhere in Australia.
What’s in it for you? You can relax knowing you have full cover, wherever you are.

Boat excess waived
If you’ve had an accident that causes damage to both your boat and car, as long as they are both insured with us, we’ll waive the boat excess.
What’s in it for you? Enjoy more savings.

Flexible payment options
You can pay by the month or annually, by cash, cheque or credit card.
What’s in it for you? You choose the payment option to suit you.

24/7 Helpline
You’ll have access to our Helpline assistance service, 24 hours a day, seven days a week, at no extra cost. Just call 132 900.
What’s in it for you? A surprising amount of helpful advice and practical assistance when you need it most. It’s a wealth of information that’s just one phone call away.

Paperless 24/7 claims service
If you need to make a boat insurance claim, we are available 24 hours a day, seven days a week, over the phone. No paperwork is needed to lodge a claim.
What’s in it for you? When things go wrong, wherever you are, whatever the time, we’re just a phone call away.

Agreed value
We are one of the few companies to offer cover for an agreed value.
What’s in it for you? The value of your cover is agreed in advance and is not decided by market value, so there are no surprises if you do have to put in a claim.

Reduced premiums with Lay up Cover, plus variable excesses
If you don’t use your boat for a nominated part of the year and store it on a trailer, you can reduce your premiums by taking optional Lay up Cover. Enquire about our variable excesses too.
What’s in it for you? Save on your Boat Insurance without compromising your cover.

Options that can be added to your Boat Insurance cover:

Racing cover for sailboats
Pay a little extra and you can increase your cover to include loss or damage that occurs while you are racing.

Liability for waterskiing and flotation devices
Pay a little extra and you can increase your liability cover to include waterskiing or flotation devices.

Contents cover
If your boat has a lockable cabin you can pay a little extra to cover the cabin’s contents.