Boat insurance

Covers your boat, fittings and equipment for accidental loss or damage up to 50km off-shore.

You can look forward to more benefits with AMI Boat insurance

  • 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.

  • Multi Policy Discount

    Save when you take out boat insurance along with another eligible insurance policy with AMI.

    Find out more

    If you need to claim on multiple AMI policies insured at the same address, for the same incident, you’ll only need to pay one excess, the highest applicable excess.**

  • Fifteen days to decide

    We want to be sure that you’re 100% happy with your insurance cover. We’ll cheerfully refund your premium paid 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).

  • AA- strength rating

    We have an AA- strength rating. This means we have a ‘Very Strong' claims paying ability.

*Discounts apply to the company premium before optional extensions, levies and GST are factored in. They may reduce or not apply if your premium is below our minimum policy price. We apply our discounts one after another. This means that the second (and successive) discount is calculated from the balance left after the first discount is applied.

**Includes House, Contents, Private Motor Vehicle and Pleasurecraft policies. The excess applied will be the highest excess under the affected policies. Except in a collision between insured vehicles, in which case it will be the excess of the vehicle driven by the most at fault driver.

What is covered

Cover if stolen, vandalised or accidentally damaged
Cover for storm damage
Cover if damaged while being used by someone else
Cover for damages to someone else’s property
Cover while towing other boats
Cover for up to 50 km off-shore in New Zealand coastal waters
Cover for yachts while racing

Cover for your property damaged along with the boat

up to $1,000 limit in total per event and $200 per item

Cover while towing water skiers
Exclusions and limitations apply. Talk to us about these or refer to the full policy document.

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