Whether you’re cruising, yacht racing, moored or stored, we’ve got you covered. Marine insurance for all sorts of boats, including launches, yachts, dinghies and jet skis.
Cover for accidental damage to your boat from collisions, grounding, fire, storms, and mishaps on water, trailer or land.
Boat contents and water sports gear kept on your boat are covered for loss, theft and damage up to $1,000. Things like fishing rods, water skis, TVs, bedding, and more.
Theft and vandalism cover for your boat, accessories, motor, and trailer if they're damaged or stolen.
Damage to other boats or property and costs you’re legally liable to pay from an accident that’s your fault.
Rescue towing and urgent repair costs after an accident or breakdown.
Social yacht racing cover up to 25 nautical miles. Plus, add our optional benefit for races up to 50 nautical miles.
This information is intended as a guide only. Exclusions and limitations apply. Talk to us about these or read the full policy wording.
What’s included
up to your policy limit
Excess-free for claims up to $1,000
up to $5 million
up to $1 million
Optional extra
up to your policy limit
Excess-free for claims up to $1,000
up to $5 million
up to $1 million
Optional extra
This is a summary only. For a full list of the benefits as well as exclusions and other terms, read the policy wording.
Our boat insurance policy wording is now in plain language, making it easier for you to read, understand, and act on.
Note: If you already have a policy with us, you may have a different policy wording to the plain language policy wording above. Check your policy details, then find your policy wording on our Policy documents page.
Boat security tip
It’s important to protect your boat and the things inside it against theft or vandalism. Consider these best practice security measures.
We adhere to the Fair Insurance Code, and we're focussed on what's best for you.
We have an AA financial strength rating, which is your reassurance we have a “very strong” claims paying ability and will be there for you should you need us.
Please click here for more information on our Financial Strength Rating.
AMI Boat insurance covers your boat, trailer, accessories, and contents that are part of, or used with, your boat.
Boat parts and accessories that are covered:
Contents that are covered up to $1,000:
Things that are not covered:
Give us a call if you need boat contents cover up to $10,000.
Boat insurance doesn’t cover damage that happens because the boat wasn’t safe to use, or from things that naturally happen over time. This includes:
It also doesn’t cover high-risk loss, like theft of items from your boat if it’s unattended in a public area and not properly secured.
Your boat is covered for personal and recreational boating up to 200 nautical miles offshore of New Zealand mainland, on land, and on its trailer. Using your boat for business or commercial purposes is not covered under a Boat policy.
If your boat is undriveable, unable to sail, or is at risk of sinking after an accident, we’ll cover the towing and salvage costs to move your boat to a safe place or repairer. We’ll also cover any pollution clean-up costs from the accident your boat has caused that you’re legally liable for.
