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Boat Insurance Articles

Boat Insurance Hacks Every Aussie Skipper Needs to Know
Boat Insurance Hacks Every Aussie Skipper Needs to Know
Navigating the waves around Australia's vast coastline is a pastime many hold dear. However, with great adventure comes the responsibility of ensuring your marine vessel is insured adequately. Skippers Down Under are no strangers to the unpredictable challenges at sea, and the significance of securing a suitable insurance policy cannot be overstressed. - read more
Understanding the Fine Print: Key Clauses and Terms in Boat Insurance Policies
Understanding the Fine Print: Key Clauses and Terms in Boat Insurance Policies
A boat insurance policy is a contract between an insurer and a boat owner, providing protection against various risks and liabilities associated with owning and operating a boat. It typically covers damage or loss to the boat, liability for bodily injury or property damage caused by the boat, and medical expenses for individuals injured on the boat. - read more
Understanding Boat Maintenance Schedules: A Seasonal Guide
Understanding Boat Maintenance Schedules: A Seasonal Guide
Owning a boat comes with a wave of responsibilities, notably in the realm of maintenance. Regular maintenance plays a crucial role in ensuring the longevity and performance of your boat, much like adhering to a trusty roadmap for a long journey. Without it, not only may you encounter unwanted breakdowns, but the overall lifespan of your vessel could be significantly shortened. - read more
Top 10 Eco-Friendly Tips for Responsible Boating in Australia
Top 10 Eco-Friendly Tips for Responsible Boating in Australia
As boating enthusiasts, it's crucial to recognize the significant impact we have on our environment. Australia's beautiful waterways and marine life depend on our commitment to eco-friendly practices. - read more
Understanding Boat Insurance: Maintenance Tips for New Owners
Understanding Boat Insurance: Maintenance Tips for New Owners
Welcome to our blog on understanding boat insurance, specifically tailored for new boat owners. Owning a boat is an exciting adventure filled with the promise of memorable experiences on the water. - read more

Insurance News

Cyber Insurance Becomes Essential Amid Rising Digital Threats
Cyber Insurance Becomes Essential Amid Rising Digital Threats
12 Sep 2025: Paige Estritori
The recent cyberattack on Fortnum Private Wealth, accompanied by ASIC's legal action, has spotlighted the critical risks cyber threats pose to financial advice companies in Australia. With digital integration intensifying across the finance sector, the owner of Fortnum, Entireti, plans to defend the case, underscoring the necessity for ongoing vigilance in cybersecurity measures. - read more
Swiss Re Foresees Rising Premiums Amid Increasing Global Risks
Swiss Re Foresees Rising Premiums Amid Increasing Global Risks
10 Sep 2025: Paige Estritori
In a comprehensive analysis, Swiss Re Institute predicts that global property and casualty insurance premiums will rise in tandem with GDP over the upcoming decade. This growth is driven by amplified natural catastrophe losses, asset accumulation, and heightened economic and litigation claims inflation. The institute's report outlines the evolving insurance landscape amid increasing global risks. - read more
Insurance Council of Australia Assists NSW Flood Claimants
Insurance Council of Australia Assists NSW Flood Claimants
09 Sep 2025: Paige Estritori
In response to the devastating floods that swept across New South Wales' Mid North Coast in May, the Insurance Council of Australia (ICA) is taking proactive steps to support the affected residents. Insurers, organised by the ICA, will be meeting with flood victims in Kempsey, Taree, and Port Macquarie to provide guidance and support as they navigate their insurance claims. - read more
Ombudsman Upholds Policyholder’s Claim Despite Fraud Allegations
Ombudsman Upholds Policyholder’s Claim Despite Fraud Allegations
08 Sep 2025: Paige Estritori
A motor insurance policyholder has won a significant dispute over fraud allegations, with the industry ombudsman ruling in favour of a payout following a controversial car accident claim. The case revolved around an incident where the claimant's wife crashed at an intersection one evening, reportedly failing to yield. The lack of photographic evidence due to shock and subsequent involvement of towing services complicated matters. - read more
NM Insurance Secures Growth with Five-Year Zurich Partnership
NM Insurance Secures Growth with Five-Year Zurich Partnership
05 Sep 2025: Paige Estritori
In a strategic move set to bolster its market position, NM Insurance has announced a five-year agreement with capacity provider Zurich, positioning itself for further growth and increased broker confidence in its success. Since its establishment two decades ago as Nautilus Marine Insurance Agency, NM Insurance has expanded its focus beyond the recreational boat market in Australia, branching into New Zealand and diversifying into the commercial marine, caravan, and motorcycle sectors. - read more

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Knowledgebase
Moral Hazard:
The concept that individuals may take on more risk when they do not bear the full consequences of that risk, often relevant in insurance scenarios.