Boat Insurance

Advice in these articles is general and might not apply or be right for you. Before acting on it, consider its appropriateness having regard to your objectives, financial situation and needs. Nautilus Marine Insurance is a business name of NM Insurance Pty Ltd ABN 34 100 633 038 AFSL 227 186 (NM Insurance), the issuer of Nautilus Marine Boat Insurance. Consider the Product Disclosure Statement at nautilusinsurance.com.au before deciding whether to purchase a policy. l l l l l l l l l l l l l l l l l l l l l l  l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l 

Good reasons for checking with insurer before buying

boat

When undertaking research before buying a new boat, don’t consider only the boat size, your primary uses for it, where you’re going to store it, likely destinations you are going to visit, your budget for the purchase and the on-going running costs. Yes, they are all important factors, but so are the insurance implications, and it’s good advice to consider …

Read More »

Homing in on boat insurance

Most house insurance companies carry a huge amount of data about the claims’ history in certain locations. They can tell you which suburbs, in fact even drilling down to which streets, in a city are most likely to suffer storm damage. They have a handle on a raft of other things too, such as where homes are more likely to …

Read More »

Ensuring your trailer is fit for purpose

trailer

The least complicated piece of your boating equipment is also the one most likely to cause you the most problems and frustration. trailer And that’s the trailer. To a large extent hidden under a boat hull for most of its life, plunged into cold water when its brakes, bearings and tyres are hot, left all day to bake in the …

Read More »

No paws clause in boat insurance policies

boat

This regular column previously explored some of the key differences between a boat and a car when it comes to compulsory third party insurance. Just to recap – your annual car registration has two key components, the vehicle registration and associated costs and the compulsory third party insurance component. The Queensland Government Motor Accident Insurance Commission clearly states that CTP …

Read More »

Nautilus Marine boat insurance

nautilus

You quite rightly are very selective about the boat you buy and similarly, marine insurers are somewhat selective about the boats they insure. Which is a two-way relationship not always well understood, and occasionally it can lead to knockbacks that are also not well understood. Sometimes you will see social media posts making adverse comments about particular companies in relation …

Read More »

Australian Builder’s Plate on a boat

What’s the most important thing to look for when buying a new boat? The overall length? The style of boat in terms of runabout, centre console, half cabin or other types? Its capacity to fish inshore or offshore? The price? The electronics and entertainment system? These all rate consideration, however perhaps the most important thing to look for is a …

Read More »

Insurers won’t cover general wear and tear

insurance

Boat floor feeling a little spongey? Think you might have some softness in the transom of your boat and possibly the stringers? And how about that 100-litre freshwater bladder where the seepage just refuses to stop? You’re right, they’re things that need attention – expert attention. When you size up the cost of replacing the transom and stringers, you’ll find …

Read More »

Overloading your boat

boat

In a world where some people think that if anything goes wrong, it must automatically be someone else’s fault, there’s at least one very obvious exception – that’s boating. The moment you turn the key, dip the paddle, hold on to an oar or push away from the riverbank or beach, you are not only in charge of delivering fun …

Read More »

Mercury Marine – industry’s first V10 outboards

Mercury Marine

Mercury Marine, a division of Brunswick Corporation (NYSE: BC), today introduced the industry’s first ever V10 outboard with the official launch of its all-new 5.7L 350 and 400hp Verado® outboard engines. Consistent with the award-winning Verado brand, the new V10 engines are the quietest and smoothest in their class running 45 percent quieter than a leading competitor at cruise. In …

Read More »

Pontoon is not a game for gamblers

pontoon

If you are one of the fortunate people to have a boat pontoon at the back of your home, make sure you know where you sit in terms of its maritime liabilities. For example, if your pontoon breaks loose into a river during a storm and tears itself apart as it careers downstream, you will most likely be held liable …

Read More »