Estimate your boat insurance needs with our Boat Insurance Calculator. Calculate the right levels of cover to protect your marine craft and your financial livelihood.
'Calculator results are estimates only and not quotes. Actual quotes will be provided by licensed brokers after you submit an enquiry.'
Boat Insurance – Sum Insured Calculator
Add up the replacement cost of your hull, motors, trailer and onboard gear so you don’t underinsure. This tool totals the items you enter and produces a neat summary you can send with a quote request.
Do not include motors, trailer or loose gear here.
Motor(s)
List each outboard/inboard separately (type/HP + replacement value).
Covers/bimini/canopy, electronics/audio, tender/dinghy, watersports or fishing gear, custom fittings.
Commercial policies typically set sums insured ex-GST if the insured can claim input tax credits.
Shown on your summary only.
See JSON summary (for broker / quote request)
Heads-up: Personal effects, racing cover, mechanical breakdown, and liability are separate considerations and may not be part of the boat's sum insured. Ask us about optional covers.
The Australian marine industry is set to benefit from a significant partnership between MitchCap, the Boating Industry Association (BIA), and the Boating Industry Association of Victoria (BIAV). This collaboration aims to enhance financial literacy and provide robust support to marine businesses across the nation. - read more
Austal Limited, a prominent Australian shipbuilder, has secured a US$100 million loan facility from Export Finance Australia (EFA). This funding is set to bolster Austal's construction of vessels for the US Navy and US Coast Guard at its Mobile, Alabama shipyard. - read more
The Australian marine industry is witnessing a significant shift towards sustainability, marked by the increasing adoption of hybrid propulsion systems and eco-friendly technologies. This trend reflects a global movement towards reducing emissions and promoting environmental stewardship within the boating community. - read more
Interest Rate Lock: An agreement between a borrower and a lender that allows the borrower to lock in the interest rate on a mortgage for a specified time period.