Your AMI boat policy covers your boat, including its fittings and equipment, for accidental loss or damage anywhere within New Zealand, and up to 50 km off-shore.

 

 

 

 

 

 

 

 

 

 

 

 

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Did you know...

An AMI boat insurance policy can cover yachts, powerboats, jet-boats, windsurfers, jet-skis and a range of other watercraft used for recreational purposes.

You are covered if your boat:

  • is stolen
  • is vandalised or accidentally damaged
  • is storm damaged
  • is damaged while being used by someone else
  • damages someone else's property

Cover on and off the water

An AMI boat insurance policy provides cover for your boat while it is:

  • on dry land
  • being towed or in transit
  • being launched or returning to shore
  • on any New Zealand lake or river
  • up to 50 km off-shore in New Zealand coastal waters

Cover for fittings and equipment

We'll provide cover for all fittings and equipment that would normally be sold with the boat.

Cover for outboard motors

We'll also provide cover for your outboard motor, as long as it is listed on your Policy Schedule.

Cover for your boat trailer

We'll also provide cover for your boat trailer, as long as it is listed on your Policy Schedule.

Cover for your personal property

We'll pay up to $1,000 in total for any of your personal property that is lost or damaged while on your boat, as long as it is not covered by any other policy. The maximum paid for any one item is $200.

Automatic cover for yachts while racing

We'll provide cover for your yacht while it's involved in racing.

Automatic cover while towing water skiers

We'll cover your boat while it is being used to tow water skiers.

Boat salvage costs

If your boat is damaged, we'll pay all reasonable salvage costs. If your boat is stolen and then found, we'll pay to return it to you.

New boat option

If your boat is less than a year old and is uneconomic to repair we will replace it with a new boat of the same make, model and specifications as long as one is available.

Loss prevention expenses

We'll pay any reasonable cost to defend, safeguard or recover your boat in order to minimise or prevent any major loss or damage.

Cover if you damage other people's property

We'll cover you for up to $300,000 if you are legally liable to pay for any accidental loss of or damage to someone else's property through use of your boat. This includes loss or damage caused:

  • while you are using someone else's boat
  • while other people are using your boat
  • while any other boat or craft is being towed by your boat
  • by any water skier being towed by your boat

 

Buying a new boat?

Get temporary cover for up to 7 days!

If your boat is insured with AMI and you buy a new boat to replace it, we'll provide automatic cover for your replacement boat for up to 7 days.

 

Save on your boat premium!

multisaver®

If you insure your boat, your vehicle, house and contents with AMI, you'll enjoy worthwhile 'multisaver' savings on your overall premium. What's more, you can pay all your insurance premiums at once, saving you time and effort.

Generous No Claim Bonus

Quite simply, the fewer claims you make, the lower your premium. If you are claim free for one year we will recognise this by reducing your cost of insurance by up to 15%.

Over 55?

If you're over 55 you may be able to benefit from further premium discounts. Just ask.

Certified Day Skippers and Boatmasters discount

If you hold a New Zealand Day Skippers certificate, a Boatmasters certificate or an equivalent qualification, we'll offer you a 5% discount off your boat insurance premium.

15 days to decide

We want to be sure that you're 100% happy with your insurance cover. We'll cheerfully refund your premium in full if you are not completely satisfied within 15 days of taking out your AMI policy (as long as you haven't made a claim).

 

Get a Boat policy document

The policy documents on this site are the current versions, for all customers.