WHAT IS THE DIFFERENCE BETWEEN AGREED VALUE AND MARKET VALUE?

• Basically, if you have a Market Value policy with Club Marine and you have a total loss, the value of your boat will be determined at the time of the loss, whereas with Agreeg Value the value is determined at the time of acceptance of the written valuation.

WHAT IS CLASSED AS AN "ANTI-THEFT DEVICE"?

• Any retail trailer anti theft device sold through a reatil outlet. Combinations of padlock and chain, and padlock and cables are not acceptable antio theft devices.

WHAT AMOUNT SHOULD I INSURE MY BOAT FOR?

• The settlement basis of our policy is Current Market Value. Current Market Value is determined by the sale value of the boat immediately prior to the claim, loss or damage. We cannot advise on how much you should insure your boat for, it is your decision. If you are not sure on how much you should insure your boat for we suggest you have the boat inspected by a marine professional/dealer. We do not pay more than the sum insured.

HOW MANY QUOTES DO I NEED FOR A CLAIM?

• One written itemised quote.

HOW DOES A CLAIM AFFECT MY "NO CLAIM BONUS RATING"?

• If you make an "at fault" claim under your policy, and you haven't accrued five or more protection points, your no claim bonus will be adjusted.

IS THE DIVING EQUIPMENT INCLUDED?

• Yes - limited to $500 cover unless agreed to and extended.

DO OTHER DRIVERS NEED TO BE NAMED ON THE POLICY?

• No - only people who have an insurable interest in the boat.

ARE OTHER DRIVERS COVERED?

• Yes - provided they have the owner's permission to use the boat and hold a current boat license if required.

CAN I LIST THE EQUIPMENT ON THE POLICY?

• Yes you can, but you are not required to. For equipment you must provide evidence proving ownership in the event of a claim.

IS EMERGENCY TOWING COVER AVAILABLE?

• Emergency towing is covered for trailerable craft to a maximum cost of $200.

IS THE FISHING EQUIPMENT INCLUDED AND WHAT COVER IS ALLOWED?

• Yes. Limited to $500 cover unless agreed and extended (conditions apply - please refer to the policy wording).

WHAT IS THE GEOGRAPHIC LIMIT ON THE POLICY?

• 200 Nautical miles off mainland Australia and Tasmania.

WHAT IS LAND TRANSIT COVER AND WHAT IS THE POLICY LIMIT?

• Cover whilst the boat is being towed on its trailer. Australia wide.

WHAT IS LAY-UP?

• The lay-up option offers discounts of up to 60% while your boat is not being used. Lay-up is a discount that we provide where an insured can tell us in advance that they are nor going to be using their boat for certain months of the year and it will be stored at a specified address during that period.
• During the months elected under lay-up the boat is only covered at the agreed and specified address.

WHAT IS THE MAXIMUM NO CLAIM BONUS RATING?

• Rating 1 - 25% discount

IS DAMAGE CAUSED BY THE OVERHEATING OF MOTORS COVERED?

Cover is provided for the overheating of motors caused by the external blocking of the cooling system.

CAN I PAY BY THE MONTH?

• Pay by the month facility by direct debit is available. NOTE: conditions apply.

IS COVER AVAILABLE FOR PERSONAL EFFECTS?

• "Personal effects" means personal items carried on board the boat belonging to you and you immediate family, limited to clothing, shoes, waterproof gear and manchester. Cover of up to $1000 is provided with a limit of $200 on any one item.

WHAT DOES THE POLICY COVER?

• The policy covers you for accidental loss or damage to your boat and your liability to third parties whilst you're operating the boat. You are covered for fire, sinking, collisions, hitting submerged objects, running aground, and theft of the boat or its equipment. For towing the vessel Australia wide. You need to read the policy to understand the relevant limitations that apply to the cover.

WHAT ARE PROTECTION POINTS?

• Each claim free year you have with Club Marine you build up one protection point. Once you have five points you can have a claim without it affecting your No Claim Bonus.

RACING COVER?

• Any official/ social race event.

SALVAGE COSTS?

• Salvage costs are covered over and above the sum insured for your boat.

ARE WE COVERED IFTHERE HAS BEEN A STRON WIND WARNING ISSUED?

• Yes.

THIRD PATY COVER/ LIABILITY?

• Your Club Marine quote includes standard cover of $10 million, (jet skis/PWCs maximum liability $1 milllion). You have the option of increasing the amount to $20 million. The amount you take is completely up to you (we cannot recommend an amount).

ARE WE COVERED FOR LIABILITY WHILST WE'RE TOWING THE BOAT BEHIND A VEHICLE?

• No, that is excluded by your boat insurance policy. That cover would normally be provided under your car or compulsory third party insurance. We recommend that you contact that insurer.

COVER IS AVAILABLE FOR?

• Observers and water skiers towed by you.
• Barefoot water skiing
• Wake boarding
• Yacht racing

WHAT DOES WATER SKIERS EXTENSION COVER?

• It extends the third party liability section of the policy to cover water skiers where the insured, the driver of the boat or the observer become legally liable to pay for injuries sustained to the water skier. Subject to normal policy conditions. Without this extension there is no cover for liability whilst towing a water skier.

TRANSFERABLE THIRD PARTY?

• Third party cover still applies if you are in charge of someone else's boat. You are protected against liability for injury or damage just as you would be on your own boat, provided the other boat is uninsured.

WATER SKI EQUIPMENT?

• Limit to $500 cover unless agreed and extended. (conditions apply - please refer to the policy wording.