PDS-Verified Comparison
Boat Insurance Comparison - Side-by-Side PDS Details
Every figure on this page is drawn directly from the current Product Disclosure Statement (PDS) of each insurer - not from marketing summaries or third-party comparators. Use the tabs below to compare standard cover sections, exclusions, excess structures, claims process, and the schematic policy matrix across Club Marine, NRMA and Nautilus Marine.
Cover Sections
Standard cover items and published limits
| Cover item | Club Marine | NRMA | Nautilus Marine |
|---|---|---|---|
| View the full Product Disclosure Statement Always read the PDS before buying — sub-limits, exclusions and excesses vary between products and update between PDS versions. The links below open each insurer's current PDS in a new tab. | View PDS Pleasure Craft Insurance PDS PDF · einsure.com.au | View PDS Watercraft PDS nrma.com.au | View all 3 PDS Boat / Premium / PWC PDS hub nautilusinsurance.com.au |
| Accidental loss or damage to the boat | Up to Section 1 limit on Schedule (Agreed or Market Value) | Up to Sum Insured (Agreed Value only) | Up to Sum Insured (Boat PDS); Premium PDS uses Sum Insured / repair cost |
| Theft / Malicious damage | Standard cover under Section 1 | Standard cover (no excess applies for theft/vandalism per PED) | Standard cover under each PDS |
| Third-party legal liability | Schedule item (Section 2) - sudden & accidental fuel/lubricant/sewage discharge sub-limit $1,000,000 | $10,000,000 inclusive of GST and legal costs | Schedule item (Boat PDS); Premium PDS caps at $500,000 inclusive of defence costs |
| Wreck removal / raising costs | Included under Section 2 when ordered by a government or local authority | Salvage costs included; insurer retains salvage on Total Loss | Salvage included; subject to subrogation |
| Pollution / environmental clean-up | $1,000,000 per Incident (Section 2) | $250,000 per incident | $500,000 per Accident / discharge (Boat PDS); $500,000 Marine Environmental Damage (Premium PDS) |
| Personal effects / contents (aggregate) | $30,000 (combined with fishing/dive/water-ski gear) | $1,000 | $10,000 (Boat PDS) / $20,000 (Premium PDS) |
| Personal effects per-item | $3,000 | (no per-item published) | $1,500 (Boat PDS) / $2,000 guests, $500 crew (Premium PDS) |
| Fishing gear / water-ski / dive equipment | Combined with personal effects: $3,000/item, $30,000 total | Portable fish finders included in Contents; equipment-in-use excluded | Boat PDS: Water Sports Equipment $1,500/item, $10,000 aggregate; Premium PDS: $2,000/item, $20,000 aggregate |
| Marine electronics new-for-old | Not in PDS | Not in PDS | Premium PDS only: equipment 3 years old or less replaced new-for-old |
| New-for-old whole-of-boat replacement | PWC only - within first 2 years of new registration | Within 24 months of first registration (NRMA brand new boat replacement) | Premium PDS only: 2 years Agreed Value for brand-new boats purchased via dealer |
| Emergency assistance / Club Care / accommodation | $10,000 (Club Care Benefits) - includes emergency fuel delivery, return-to-base, up to 5 nights' accommodation, economy transport home | Emergency repairs section + emergency transport/accommodation section exist - dollar caps NOT visible in PDS extract | Boat PDS: Emergency Assistance $5,000; Repatriation Costs $2,000 |
| Land-based towing after a covered incident | $1,500 land transit towing to nearest repairer (trailerable boats only) | Towing benefit included as standard | Overland Transportation - basic excess applies |
| Yacht / sailboat racing as standard | Included up to 150 nautical miles course distance | OPTIONAL Racing Risk Extension - 25-50 nm radius | Sailboat Racing Cover up to 100 nm course distance - included |
| Tournament / regatta entry fee reimbursement | $2,000 for non-refundable entry fees if a covered incident forces withdrawal | Race and competition entry fees benefit listed | Tournament / Yacht Racing Fee $2,000 (Boat PDS) |
| Lifetime repairs guarantee | Not branded as a 'lifetime' guarantee in the PDS | Lifetime guarantee on authorised repairs while you own the boat (PDS p.13) | Not a published guarantee in any of the 3 PDSes |
| Lay-up cover | Lay-up sections referenced; geographic limits adjust during lay-up | Optional lay-up cover (period shown on Certificate; no fixed 12-month cap visible in PDS) | Not a published headline benefit |
| PWC / jet ski cover under same product | YES - Pleasure Craft PDS covers PWC up to 70 knots; new PWC replacement within 2 years | NO - Watercraft TMD explicitly excludes PWC from this product | NO - PWC is on a separate Personal Watercraft Insurance PDS |
| Substitute / temporary replacement boat | Temporary cover for a replacement boat included | Temporary cover for a replacement boat included | Not a published headline benefit |
| Personal accident | Section 3 - cover for Injury to an Insured Person | Personal Accident cover included | Personal Accident covered (amounts per Certificate) |
View the full Product Disclosure Statement
Always read the PDS before buying — sub-limits, exclusions and excesses vary between products and update between PDS versions. The links below open each insurer's current PDS in a new tab.
- Club MarineView PDSPleasure Craft Insurance PDSPDF · einsure.com.au
- NRMAView PDSWatercraft PDSnrma.com.au
- Nautilus MarineView all 3 PDSBoat / Premium / PWC PDS hubnautilusinsurance.com.au
Accidental loss or damage to the boat
- Club Marine
- Up to Section 1 limit on Schedule (Agreed or Market Value)
- NRMA
- Up to Sum Insured (Agreed Value only)
- Nautilus Marine
- Up to Sum Insured (Boat PDS); Premium PDS uses Sum Insured / repair cost
Theft / Malicious damage
- Club Marine
- Standard cover under Section 1
- NRMA
- Standard cover (no excess applies for theft/vandalism per PED)
- Nautilus Marine
- Standard cover under each PDS
Third-party legal liability
- Club Marine
- Schedule item (Section 2) - sudden & accidental fuel/lubricant/sewage discharge sub-limit $1,000,000
- NRMA
- $10,000,000 inclusive of GST and legal costs
- Nautilus Marine
- Schedule item (Boat PDS); Premium PDS caps at $500,000 inclusive of defence costs
Wreck removal / raising costs
- Club Marine
- Included under Section 2 when ordered by a government or local authority
- NRMA
- Salvage costs included; insurer retains salvage on Total Loss
- Nautilus Marine
- Salvage included; subject to subrogation
Pollution / environmental clean-up
- Club Marine
- $1,000,000 per Incident (Section 2)
- NRMA
- $250,000 per incident
- Nautilus Marine
- $500,000 per Accident / discharge (Boat PDS); $500,000 Marine Environmental Damage (Premium PDS)
Personal effects / contents (aggregate)
- Club Marine
- $30,000 (combined with fishing/dive/water-ski gear)
- NRMA
- $1,000
- Nautilus Marine
- $10,000 (Boat PDS) / $20,000 (Premium PDS)
Personal effects per-item
- Club Marine
- $3,000
- NRMA
- (no per-item published)
- Nautilus Marine
- $1,500 (Boat PDS) / $2,000 guests, $500 crew (Premium PDS)
Fishing gear / water-ski / dive equipment
- Club Marine
- Combined with personal effects: $3,000/item, $30,000 total
- NRMA
- Portable fish finders included in Contents; equipment-in-use excluded
- Nautilus Marine
- Boat PDS: Water Sports Equipment $1,500/item, $10,000 aggregate; Premium PDS: $2,000/item, $20,000 aggregate
Marine electronics new-for-old
- Club Marine
- Not in PDS
- NRMA
- Not in PDS
- Nautilus Marine
- Premium PDS only: equipment 3 years old or less replaced new-for-old
New-for-old whole-of-boat replacement
- Club Marine
- PWC only - within first 2 years of new registration
- NRMA
- Within 24 months of first registration (NRMA brand new boat replacement)
- Nautilus Marine
- Premium PDS only: 2 years Agreed Value for brand-new boats purchased via dealer
Emergency assistance / Club Care / accommodation
- Club Marine
- $10,000 (Club Care Benefits) - includes emergency fuel delivery, return-to-base, up to 5 nights' accommodation, economy transport home
- NRMA
- Emergency repairs section + emergency transport/accommodation section exist - dollar caps NOT visible in PDS extract
- Nautilus Marine
- Boat PDS: Emergency Assistance $5,000; Repatriation Costs $2,000
Land-based towing after a covered incident
- Club Marine
- $1,500 land transit towing to nearest repairer (trailerable boats only)
- NRMA
- Towing benefit included as standard
- Nautilus Marine
- Overland Transportation - basic excess applies
Yacht / sailboat racing as standard
- Club Marine
- Included up to 150 nautical miles course distance
- NRMA
- OPTIONAL Racing Risk Extension - 25-50 nm radius
- Nautilus Marine
- Sailboat Racing Cover up to 100 nm course distance - included
Tournament / regatta entry fee reimbursement
- Club Marine
- $2,000 for non-refundable entry fees if a covered incident forces withdrawal
- NRMA
- Race and competition entry fees benefit listed
- Nautilus Marine
- Tournament / Yacht Racing Fee $2,000 (Boat PDS)
Lifetime repairs guarantee
- Club Marine
- Not branded as a 'lifetime' guarantee in the PDS
- NRMA
- Lifetime guarantee on authorised repairs while you own the boat (PDS p.13)
- Nautilus Marine
- Not a published guarantee in any of the 3 PDSes
Lay-up cover
- Club Marine
- Lay-up sections referenced; geographic limits adjust during lay-up
- NRMA
- Optional lay-up cover (period shown on Certificate; no fixed 12-month cap visible in PDS)
- Nautilus Marine
- Not a published headline benefit
PWC / jet ski cover under same product
- Club Marine
- YES - Pleasure Craft PDS covers PWC up to 70 knots; new PWC replacement within 2 years
- NRMA
- NO - Watercraft TMD explicitly excludes PWC from this product
- Nautilus Marine
- NO - PWC is on a separate Personal Watercraft Insurance PDS
Substitute / temporary replacement boat
- Club Marine
- Temporary cover for a replacement boat included
- NRMA
- Temporary cover for a replacement boat included
- Nautilus Marine
- Not a published headline benefit
Personal accident
- Club Marine
- Section 3 - cover for Injury to an Insured Person
- NRMA
- Personal Accident cover included
- Nautilus Marine
- Personal Accident covered (amounts per Certificate)
Exclusions
What's not covered — key PDS exclusions
| Exclusion theme | Club Marine | NRMA | Nautilus Marine |
|---|---|---|---|
| Wear and tear / corrosion / electrolysis / osmosis | Excluded (General Exclusions p.27-28) | Excluded (depreciation, faulty workmanship) | Excluded - explicit list in Boat PDS exclusions |
| Mechanical / electrical / electronic breakdown | Excluded except where caused by an external Incident covered by the Policy | Excluded - 'Mechanical, structural, electrical, hydraulic or electronic breakdown' | Excluded unless caused by a covered Mishap |
| Lack of seaworthiness / inadequate maintenance | Excluded - vessel must be kept seaworthy | Excluded - boat must be structurally sound and seaworthy | Excluded - failure to maintain in good order |
| Operator unlicensed / under the influence | Excluded - no cover under control of unlicensed/intoxicated person, or person previously refused insurance | Excluded - unlicensed, disqualified, suspended, or over the legal alcohol/drug limit | Excluded - unlicensed operator, intoxication, or inadequate experience |
| Speed cap on the hull | PWC speed cap of 70 knots; non-PWC speed cap is whatever is shown on the Schedule | Excluded if boat capable of >60 knots (TMD also excludes any vessel capable of >60 knots) | Standard exclusions on racing/speed tests beyond approved limits |
| Racing without approval | Yacht racing within 150 nm allowed as standard; powerboat racing/speed tests excluded unless agreed in writing | Racing beyond 25 nm only with optional Racing Risk Extension; >50 nm not covered | Sailboat racing >100 nm excluded unless specifically extended; PWC racing excluded unless approved |
| Use outside the geographic limits | Excluded beyond 250 nm of Australian mainland & Tasmania (with limited unforeseen-emergency tolerance) | Excluded beyond 200 nm of Australian mainland or Tasmania, or outside Australia | Excluded beyond 250 nm of Australian mainland & Tasmania (Boat/Premium); PWC limited to Australian waters |
| Commercial use / hire / charter / rideshare | Excluded unless explicitly endorsed | Excluded - private recreational use only per TMD | Excluded unless specifically approved |
| Sails damaged by wind/water/crew error | Excluded unless connected to collision/grounding/total loss event | Standard exclusion | Standard exclusion (Boat PDS) |
| Standing rigging older than 10 years | EXCLUDED unless agreed in writing - this is a hard PDS clause and a major underwriting trigger for older yachts | Not specifically called out | Standard exclusion family applies |
| Theft by people the insured has entrusted the boat to | Excluded | Excluded - 'theft with consent' | Excluded - theft with permission/consent |
| Use of incorrect / contaminated / incompatible fuel | Excluded under General Exclusions | Excluded explicitly | Excluded under General Exclusions |
| Theft of unsecured trailer + boat | Subject to theft precautions in PDS p.11 | Carries an additional excess: greater of basic excess or $1,000 | Subject to standard theft excess |
| LP gas not professionally installed/serviced | Excluded if non-compliant | Not specifically called out | Standard exclusion |
| Pollution outside specifically covered fuel/lubricant scenarios | General pollution exclusion except as specifically covered | General pollution exclusion except the $250,000 clean-up benefit | General pollution exclusion except fuel discharge |
| Communicable disease / pandemic | Excluded explicitly | Excluded explicitly | Standard general exclusion |
| War / terrorism / nuclear / radioactive | Excluded - General Exclusions | Excluded - General Exclusions | Excluded - General Exclusions |
| Boat registered or flagged outside Australia | Excluded | Excluded - Australian use only | Excluded - geographic limits |
| Mooring used by the boat | Excluded if not suitable, sited, statutorily compliant or annually maintained by a professional | Loss to mooring excluded | Improper mooring excluded |
| PWC water ingress without external impact | Excess of $5,000 (instead of basic excess) where there is no evidence of external damage | N/A - PWC not covered | PWC PDS - subject to standard excess; Boat PDS does not cover PWC |
Wear and tear / corrosion / electrolysis / osmosis
- Club Marine
- Excluded (General Exclusions p.27-28)
- NRMA
- Excluded (depreciation, faulty workmanship)
- Nautilus Marine
- Excluded - explicit list in Boat PDS exclusions
Mechanical / electrical / electronic breakdown
- Club Marine
- Excluded except where caused by an external Incident covered by the Policy
- NRMA
- Excluded - 'Mechanical, structural, electrical, hydraulic or electronic breakdown'
- Nautilus Marine
- Excluded unless caused by a covered Mishap
Lack of seaworthiness / inadequate maintenance
- Club Marine
- Excluded - vessel must be kept seaworthy
- NRMA
- Excluded - boat must be structurally sound and seaworthy
- Nautilus Marine
- Excluded - failure to maintain in good order
Operator unlicensed / under the influence
- Club Marine
- Excluded - no cover under control of unlicensed/intoxicated person, or person previously refused insurance
- NRMA
- Excluded - unlicensed, disqualified, suspended, or over the legal alcohol/drug limit
- Nautilus Marine
- Excluded - unlicensed operator, intoxication, or inadequate experience
Speed cap on the hull
- Club Marine
- PWC speed cap of 70 knots; non-PWC speed cap is whatever is shown on the Schedule
- NRMA
- Excluded if boat capable of >60 knots (TMD also excludes any vessel capable of >60 knots)
- Nautilus Marine
- Standard exclusions on racing/speed tests beyond approved limits
Racing without approval
- Club Marine
- Yacht racing within 150 nm allowed as standard; powerboat racing/speed tests excluded unless agreed in writing
- NRMA
- Racing beyond 25 nm only with optional Racing Risk Extension; >50 nm not covered
- Nautilus Marine
- Sailboat racing >100 nm excluded unless specifically extended; PWC racing excluded unless approved
Use outside the geographic limits
- Club Marine
- Excluded beyond 250 nm of Australian mainland & Tasmania (with limited unforeseen-emergency tolerance)
- NRMA
- Excluded beyond 200 nm of Australian mainland or Tasmania, or outside Australia
- Nautilus Marine
- Excluded beyond 250 nm of Australian mainland & Tasmania (Boat/Premium); PWC limited to Australian waters
Commercial use / hire / charter / rideshare
- Club Marine
- Excluded unless explicitly endorsed
- NRMA
- Excluded - private recreational use only per TMD
- Nautilus Marine
- Excluded unless specifically approved
Sails damaged by wind/water/crew error
- Club Marine
- Excluded unless connected to collision/grounding/total loss event
- NRMA
- Standard exclusion
- Nautilus Marine
- Standard exclusion (Boat PDS)
Standing rigging older than 10 years
- Club Marine
- EXCLUDED unless agreed in writing - this is a hard PDS clause and a major underwriting trigger for older yachts
- NRMA
- Not specifically called out
- Nautilus Marine
- Standard exclusion family applies
Theft by people the insured has entrusted the boat to
- Club Marine
- Excluded
- NRMA
- Excluded - 'theft with consent'
- Nautilus Marine
- Excluded - theft with permission/consent
Use of incorrect / contaminated / incompatible fuel
- Club Marine
- Excluded under General Exclusions
- NRMA
- Excluded explicitly
- Nautilus Marine
- Excluded under General Exclusions
Theft of unsecured trailer + boat
- Club Marine
- Subject to theft precautions in PDS p.11
- NRMA
- Carries an additional excess: greater of basic excess or $1,000
- Nautilus Marine
- Subject to standard theft excess
LP gas not professionally installed/serviced
- Club Marine
- Excluded if non-compliant
- NRMA
- Not specifically called out
- Nautilus Marine
- Standard exclusion
Pollution outside specifically covered fuel/lubricant scenarios
- Club Marine
- General pollution exclusion except as specifically covered
- NRMA
- General pollution exclusion except the $250,000 clean-up benefit
- Nautilus Marine
- General pollution exclusion except fuel discharge
Communicable disease / pandemic
- Club Marine
- Excluded explicitly
- NRMA
- Excluded explicitly
- Nautilus Marine
- Standard general exclusion
War / terrorism / nuclear / radioactive
- Club Marine
- Excluded - General Exclusions
- NRMA
- Excluded - General Exclusions
- Nautilus Marine
- Excluded - General Exclusions
Boat registered or flagged outside Australia
- Club Marine
- Excluded
- NRMA
- Excluded - Australian use only
- Nautilus Marine
- Excluded - geographic limits
Mooring used by the boat
- Club Marine
- Excluded if not suitable, sited, statutorily compliant or annually maintained by a professional
- NRMA
- Loss to mooring excluded
- Nautilus Marine
- Improper mooring excluded
PWC water ingress without external impact
- Club Marine
- Excess of $5,000 (instead of basic excess) where there is no evidence of external damage
- NRMA
- N/A - PWC not covered
- Nautilus Marine
- PWC PDS - subject to standard excess; Boat PDS does not cover PWC
Excess Structure
Basic, conditional and apportioned excesses
| Excess type | Club Marine | NRMA | Nautilus Marine |
|---|---|---|---|
| Basic excess | Set on Schedule at policy issue. Higher excess option = lower premium. Insurer offers a range; PDS does not publish a fixed dollar. | Set on Certificate of Insurance based on boat type, make, model and location | Set on Certificate of Insurance for each PDS - amount varies by boat / use |
| Driver / operator under 25 | PWC only: $450 in addition to the basic excess (PDS p.34) | Undisclosed driver age excess applies if driver under 25 not listed on Certificate (amount on Certificate) | Standard excess applies; no headline 'under 25' age excess in the PDS extract |
| Theft excess | PWC theft excess applies; waived if recovered undamaged | Higher of basic excess or $1,000 if trailer was unsecured at time of theft. Otherwise waived for theft / vandalism. | Standard excess applies |
| Named storm / cyclone / named-event excess | Not separately published; lay-up sections affect Section 2/3 cover | Not separately published in the extracted PED | $5,000 OR 5% of total claim, whichever is GREATER (waived if boat is on its own trailer with reasonable protection) |
| Submersion of trailerable boat | Subject to standard exclusions/excess | Not separately published | $2,000 - applies only when a trailerable boat is left moored unsupervised >24 hours |
| Racing excess | Standard excess; powerboat racing/speed tests need written agreement which 'may require a variation to the standard Excess' | Higher of basic excess OR 25% of repair/replacement cost - applies to Racing Risk Extension claims | Standard excess applies |
| Single-vehicle / no third-party / at-fault discount | Nil Pen Excess waiver; No Fault Excess Waiver applies for documented at-fault third party | No excess if proof of identifiable at-fault third party with full details | Premium PDS: NIL excess if third party identified by name/address/phone/insurance |
| Personal effects / water sports equipment | Standard apportioned excesses available | Subject to basic excess unless waived | Premium PDS: $200 sub-excess per category for Personal Effects / Water Sports Equipment / Equipment & Accessories; $500 sub-excess for wine/alcohol |
| Tender-only loss | Subject to basic excess | Tender included in Sum Insured; basic excess applies | Premium PDS: NIL excess for Tender-only loss |
| Boat at usual berth (moored) | Subject to basic excess | Subject to basic excess | Premium PDS: NIL excess while berthed at the usual berth shown on Certificate |
| PWC water ingress without external impact | $5,000 (instead of basic excess) where there is no evidence of external damage | N/A - PWC not covered | Boat PDS does not cover PWC; PWC PDS subject to standard excess |
Basic excess
- Club Marine
- Set on Schedule at policy issue. Higher excess option = lower premium. Insurer offers a range; PDS does not publish a fixed dollar.
- NRMA
- Set on Certificate of Insurance based on boat type, make, model and location
- Nautilus Marine
- Set on Certificate of Insurance for each PDS - amount varies by boat / use
Driver / operator under 25
- Club Marine
- PWC only: $450 in addition to the basic excess (PDS p.34)
- NRMA
- Undisclosed driver age excess applies if driver under 25 not listed on Certificate (amount on Certificate)
- Nautilus Marine
- Standard excess applies; no headline 'under 25' age excess in the PDS extract
Theft excess
- Club Marine
- PWC theft excess applies; waived if recovered undamaged
- NRMA
- Higher of basic excess or $1,000 if trailer was unsecured at time of theft. Otherwise waived for theft / vandalism.
- Nautilus Marine
- Standard excess applies
Named storm / cyclone / named-event excess
- Club Marine
- Not separately published; lay-up sections affect Section 2/3 cover
- NRMA
- Not separately published in the extracted PED
- Nautilus Marine
- $5,000 OR 5% of total claim, whichever is GREATER (waived if boat is on its own trailer with reasonable protection)
Submersion of trailerable boat
- Club Marine
- Subject to standard exclusions/excess
- NRMA
- Not separately published
- Nautilus Marine
- $2,000 - applies only when a trailerable boat is left moored unsupervised >24 hours
Racing excess
- Club Marine
- Standard excess; powerboat racing/speed tests need written agreement which 'may require a variation to the standard Excess'
- NRMA
- Higher of basic excess OR 25% of repair/replacement cost - applies to Racing Risk Extension claims
- Nautilus Marine
- Standard excess applies
Single-vehicle / no third-party / at-fault discount
- Club Marine
- Nil Pen Excess waiver; No Fault Excess Waiver applies for documented at-fault third party
- NRMA
- No excess if proof of identifiable at-fault third party with full details
- Nautilus Marine
- Premium PDS: NIL excess if third party identified by name/address/phone/insurance
Personal effects / water sports equipment
- Club Marine
- Standard apportioned excesses available
- NRMA
- Subject to basic excess unless waived
- Nautilus Marine
- Premium PDS: $200 sub-excess per category for Personal Effects / Water Sports Equipment / Equipment & Accessories; $500 sub-excess for wine/alcohol
Tender-only loss
- Club Marine
- Subject to basic excess
- NRMA
- Tender included in Sum Insured; basic excess applies
- Nautilus Marine
- Premium PDS: NIL excess for Tender-only loss
Boat at usual berth (moored)
- Club Marine
- Subject to basic excess
- NRMA
- Subject to basic excess
- Nautilus Marine
- Premium PDS: NIL excess while berthed at the usual berth shown on Certificate
PWC water ingress without external impact
- Club Marine
- $5,000 (instead of basic excess) where there is no evidence of external damage
- NRMA
- N/A - PWC not covered
- Nautilus Marine
- Boat PDS does not cover PWC; PWC PDS subject to standard excess
Claims & Cooling
Claims contacts, process and cooling-off
| Item | Club Marine | NRMA | Nautilus Marine |
|---|---|---|---|
| Claims phone | 1300 00 CLUB (1300 00 2582) | 131 123 | 1300 996 110 (Nautilus / NM Insurance) |
| General enquiries phone | 1300 00 CLUB (1300 00 2582) | 132 132 | 1300 780 533 |
| Cooling-off period | 14 days from policy issue / each renewal | 21 days from policy issue / each renewal | 21 days from policy issue (consistent across Boat / Premium / PWC PDSes) |
| Choice of repairer | PARTIAL - 'You may choose the repairer of Your Boat, but if You do: We may request that You take it to another repairer'. Insurer can redirect. | PARTIAL - NRMA selects repairer and method; will help find a 'most convenient' repairer for the customer. | NOT FOUND in any of the 3 Nautilus PDS files. Use of 'professional repairer' only appears in negligence-coverage clauses. |
| How a claim is settled | Insurer's discretion: repair, cash settlement, or replacement at Market or Agreed Value (where Agreed Value specified on Schedule) | Repair (insurer chooses repairer & method); Pay reasonable cost of repairs; Pay Market Value (lifetime repair guarantee benefit only); Pay Agreed Value on Total Loss | Per Boat & Premium PDS: insurer may repair, replace or pay cash. Subrogation rights apply. Premium PDS distinguishes Sum Insured vs market-value/repair-cost for equipment. |
| What to do at the time of an incident | Take reasonable steps to prevent further damage; contact Club Marine before authorising repairs; obtain written quote; report theft/vandalism to police | Stop if injury; prevent further loss; report to police if required; take details of all parties; call NRMA; do not admit liability | Take reasonable steps to prevent further loss; contact Nautilus on 1300 996 110; do not admit liability; cooperate with claims handler |
| Insurer-appointed assessor | Insurer 'may inspect at reasonable times' - choice of repairer is conditional | Yes - NRMA assesses and chooses the repair method | Yes - NM Insurance handles claims directly under binding authority |
| Cancellation after cooling-off | Cancellable any time by phone; pro-rata refund less applicable adjustments | Cancellable; refund pro-rated minus any applicable administration fee | Cancellable; pro-rated refund of premium less unrecoverable taxes/duties |
| Underwriter pays the claim | Allianz Australia Insurance Limited (AFSL 234708) | Insurance Australia Limited (AFSL 227681) trading as NRMA Insurance | Zurich Australian Insurance Limited (ZAIL); claims administered by NM Insurance under binding authority |
| Internal complaints / IDR | Club Marine internal disputes process; AFCA escalation available | NRMA Customer Relations 1800 045 517; AFCA escalation 1800 931 678 | Nautilus / NM Insurance internal complaints; AFCA escalation available |
Claims phone
- Club Marine
- 1300 00 CLUB (1300 00 2582)
- NRMA
- 131 123
- Nautilus Marine
- 1300 996 110 (Nautilus / NM Insurance)
General enquiries phone
- Club Marine
- 1300 00 CLUB (1300 00 2582)
- NRMA
- 132 132
- Nautilus Marine
- 1300 780 533
Cooling-off period
- Club Marine
- 14 days from policy issue / each renewal
- NRMA
- 21 days from policy issue / each renewal
- Nautilus Marine
- 21 days from policy issue (consistent across Boat / Premium / PWC PDSes)
Choice of repairer
- Club Marine
- PARTIAL - 'You may choose the repairer of Your Boat, but if You do: We may request that You take it to another repairer'. Insurer can redirect.
- NRMA
- PARTIAL - NRMA selects repairer and method; will help find a 'most convenient' repairer for the customer.
- Nautilus Marine
- NOT FOUND in any of the 3 Nautilus PDS files. Use of 'professional repairer' only appears in negligence-coverage clauses.
How a claim is settled
- Club Marine
- Insurer's discretion: repair, cash settlement, or replacement at Market or Agreed Value (where Agreed Value specified on Schedule)
- NRMA
- Repair (insurer chooses repairer & method); Pay reasonable cost of repairs; Pay Market Value (lifetime repair guarantee benefit only); Pay Agreed Value on Total Loss
- Nautilus Marine
- Per Boat & Premium PDS: insurer may repair, replace or pay cash. Subrogation rights apply. Premium PDS distinguishes Sum Insured vs market-value/repair-cost for equipment.
What to do at the time of an incident
- Club Marine
- Take reasonable steps to prevent further damage; contact Club Marine before authorising repairs; obtain written quote; report theft/vandalism to police
- NRMA
- Stop if injury; prevent further loss; report to police if required; take details of all parties; call NRMA; do not admit liability
- Nautilus Marine
- Take reasonable steps to prevent further loss; contact Nautilus on 1300 996 110; do not admit liability; cooperate with claims handler
Insurer-appointed assessor
- Club Marine
- Insurer 'may inspect at reasonable times' - choice of repairer is conditional
- NRMA
- Yes - NRMA assesses and chooses the repair method
- Nautilus Marine
- Yes - NM Insurance handles claims directly under binding authority
Cancellation after cooling-off
- Club Marine
- Cancellable any time by phone; pro-rata refund less applicable adjustments
- NRMA
- Cancellable; refund pro-rated minus any applicable administration fee
- Nautilus Marine
- Cancellable; pro-rated refund of premium less unrecoverable taxes/duties
Underwriter pays the claim
- Club Marine
- Allianz Australia Insurance Limited (AFSL 234708)
- NRMA
- Insurance Australia Limited (AFSL 227681) trading as NRMA Insurance
- Nautilus Marine
- Zurich Australian Insurance Limited (ZAIL); claims administered by NM Insurance under binding authority
Internal complaints / IDR
- Club Marine
- Club Marine internal disputes process; AFCA escalation available
- NRMA
- NRMA Customer Relations 1800 045 517; AFCA escalation 1800 931 678
- Nautilus Marine
- Nautilus / NM Insurance internal complaints; AFCA escalation available
Full Policy Details
Every key policy detail side-by-side, in plain English. The right-hand column cites the exact PDS page so you can verify any figure against the original document.
| Policy detail | Club Marine | NRMA | Nautilus Marine | PDS source / note |
|---|---|---|---|---|
| The Insurer | ||||
| Brand name | Club Marine Insurance | NRMA Boat Insurance | Nautilus Marine Insurance | As printed on the cover page of each insurer's Product Disclosure Statement |
| Who carries the risk (underwriter) | Allianz Australia Insurance Limited (ABN 15 000 122 850, AFSL 234708) | Insurance Australia Limited (ABN 11 000 016 722, AFSL 227681) trading as NRMA Insurance | Zurich Australian Insurance Limited (ZAIL, ABN 13 000 296 640) | The "underwriter" is the large, regulated insurance company that is legally obliged to pay out on your claim. You want them to be well-capitalised. |
| Underwriting agency (if the brand is an agency, not the insurer itself) | Club Marine Limited (ABN 12 007 588 347, AFSL 236916) acts as agent under a binding authority from Allianz Australia | Not applicable — NRMA Insurance issues policies directly via Insurance Australia Limited | NM Insurance acts as agent under a binding and claims authority from Zurich Australian Insurance Limited | Some marine brands are specialist agencies that design, sell and settle the policy on behalf of a larger underwriter. The agency holds its own AFSL. When you contract with an agency, the actual insurer is still the risk carrier named in the row above. |
| Parent company / corporate group | Allianz Australia (part of the global Allianz SE group) | Insurance Australia Group (IAG) — Australia's largest general insurer | Zurich Insurance Group (via Zurich Australian Insurance Limited) | Public corporate disclosures, repeated in PDS welcome pages |
| Operating in Australia since | 1959 | 1925 | 2005 | Brand histories repeated in About sections on each insurer's website |
| Cover & Limits | ||||
| Third-party liability limit (damage to other people or property) | Set on your Policy Schedule at quote stage — Club Marine quotes are typically issued at $10 million for recreational pleasure craft, but the PDS does not publish a fixed minimum | $10,000,000, published explicitly in the PDS Definitions (inclusive of GST and all legal costs) | Set on your Certificate of Insurance on the Standard Boat PDS. The Premium Pleasure Craft PDS caps third-party liability at $500,000 per occurrence (inclusive of defence costs, fines and penalties). | Club Marine PDS p.19 "Section 2 Limit of Liability"; NRMA PDS p.10; Nautilus Boat PDS Certificate; Nautilus Premium PDS p.21 |
| How your boat is valued for a total loss | Both Agreed Value and Market Value are available, but the current PDS sets Market Value as the default. Agreed Value must be specifically requested at quote stage and noted on your Schedule. | Agreed Value only — the sum insured is locked in at policy start and does not depreciate. No Market Value pathway. | Both Agreed Value and Market Value are available. The Standard Boat PDS treats Market Value as the default. Brand-new boats purchased through a marine dealership automatically get Agreed Value for the first two years, then transition to Market Value at renewal unless you explicitly request Agreed Value with a current valuation. | Club Marine PDS lines 70-86 ("Market Value is the default cover"); NRMA PDS p.12; Nautilus Premium PDS p.6 |
| Personal effects cover (total, e.g. gear, electronics, tackle, clothing) | $30,000 — combined cap covering Personal Effects + Fishing Gear + Water Ski Gear | $1,000 — covered as "Contents of Your Boat". Thin for modern fishing boats with serious electronics. | Standard Boat PDS: $10,000 aggregate. Premium Pleasure Craft PDS: $20,000 aggregate. | Club Marine PDS p.17; NRMA PDS p.12; Nautilus Boat PDS Section 1 |
| Personal effects cover per item (the per-item sub-limit) | $3,000 per item | No per-item cap is published — the $1,000 aggregate applies | Standard Boat PDS: $1,500 per item. Premium PDS: $2,000 for guests' items, $500 for crew items. | Same PDS references as the row above |
| Emergency assistance / accommodation / fuel delivery limit | $10,000 under the Club Care Benefits — includes emergency fuel delivery, return of the vessel to its home port, and temporary accommodation | Emergency repairs, emergency transport and accommodation sections all exist in the PDS — specific dollar limits are set on the Certificate of Insurance | Standard Boat PDS: $5,000 Emergency Assistance + $2,000 Repatriation Costs | Club Marine PDS p.24; NRMA PDS p.12; Nautilus Boat PDS |
| Pollution clean-up cover (what happens if fuel or sewage spills) | $1,000,000 per incident, inclusive of GST and legal expenses — for sudden and accidental discharge of fuel, lubricants or sewage from your holding tanks | $250,000 per incident, inclusive of GST — for removal and containment of debris and liquid | $500,000 per accident / discharge, inclusive of legal costs and any fines or penalties. Applies across the Boat PDS and Premium Pleasure Craft PDS. | Club Marine PDS p.19; NRMA PDS p.10; Nautilus Boat PDS Legal Liability section |
| Racing cover (how far from the starting point your racing is insured) | Up to 150 nautical miles — yacht racing included as standard, no additional premium for inshore racing inside that limit | Up to 25 nautical miles included as standard. The optional Racing Risk Extension covers events with a 25–50 nm course radius. Anything beyond 50 nm is excluded. | Up to 100 nautical miles — sailboat racing included as standard. Racing beyond 100 nm is excluded unless specifically extended. | Club Marine PDS p.27; NRMA PDS p.15; Nautilus Boat PDS |
| Geographic limit (how far from the Australian coast you can go) | 250 nautical miles from the Australian mainland and Tasmania | 200 nautical miles from the Australian mainland or Tasmania | 250 nautical miles from the Australian mainland and Tasmania (Boat and Premium PDSes). The Personal Watercraft PDS is restricted to Australian waters only. | Club Marine PDS p.48 "Geographic Limits"; NRMA PDS Definitions; Nautilus Premium PDS |
| Cooling-off period (your window to cancel for a full refund) | 14 days from policy issue or each renewal | 21 days from policy issue or each renewal | 21 days from policy issue (consistent across the Boat, Premium and PWC PDSes) | Club Marine PDS p.9; NRMA PDS p.5; Nautilus Boat/Premium/PWC PDSes |
| Can you choose your own repairer? | Partial — you may nominate a marine shipwright or mechanic, but Club Marine reserves the right to request that the work goes to another approved repairer | No — NRMA selects the repairer and the repair method. You can ask NRMA to source a preferred repairer subject to approval, but the insurer has the final say. In exchange, NRMA backs all authorised repairs with a lifetime workmanship guarantee. | No choice-of-repairer clause exists in any of the three Nautilus PDS files. Repairs are coordinated through Nautilus Marine's specialist marine claims team — confirm preferred-repairer arrangements with your broker at quote stage. | Club Marine PDS p.36; NRMA PDS p.19; no Nautilus PDS reference |
| New-for-old replacement (brand-new replacement after a total loss) | Personal Watercraft (jet ski) only — new PWC replacement on a Total Loss within the first 2 years of registration | 24 months from first registration — applies to the whole boat (NRMA brand-new boat replacement) | Premium Pleasure Craft PDS only — new-for-old replacement applies to marine electronics up to three years of age | Club Marine PDS p.24; NRMA PDS p.13; Nautilus Premium PDS p.20 |
| How you buy it | ||||
| Online quoting available? | Yes — direct online quoting via clubmarine.com.au for mainstream pleasure craft. Niche or performance craft may need broker contact. | Yes — direct online quoting via nrma.com.au | Partial — online quoting via nautilusinsurance.com.au for standard pleasure craft. Premium Pleasure Craft and PWC policies typically go through a marine insurance broker or dealership. | Provider websites, April 2026 |
| Boat types covered (per each insurer's Target Market Determination) | Powerboat, Yacht, Sailing Vessel, Personal Watercraft / Jet Ski (rated to 70 knots), Trailer Boat, Tinny | Runabout, Cabin Cruiser, Yacht / Sailboat, Tinny, Trailer Boat, Houseboat. PWC / jet ski explicitly excluded by the TMD. | Powerboat, Yacht, Sailing Vessel, Premium Pleasure Craft, Vintage / Older Hulls. PWC available on the separate Personal Watercraft Insurance PDS. | Club Marine PDS p.27 (PWC speed cap); NRMA TMD tmdbo003; Nautilus PDS file inventory |
The Insurer
Brand name
- Club Marine
- Club Marine Insurance
- NRMA
- NRMA Boat Insurance
- Nautilus Marine
- Nautilus Marine Insurance
- PDS source / note
- As printed on the cover page of each insurer's Product Disclosure Statement
Who carries the risk (underwriter)
- Club Marine
- Allianz Australia Insurance Limited (ABN 15 000 122 850, AFSL 234708)
- NRMA
- Insurance Australia Limited (ABN 11 000 016 722, AFSL 227681) trading as NRMA Insurance
- Nautilus Marine
- Zurich Australian Insurance Limited (ZAIL, ABN 13 000 296 640)
- PDS source / note
- The "underwriter" is the large, regulated insurance company that is legally obliged to pay out on your claim. You want them to be well-capitalised.
Underwriting agency (if the brand is an agency, not the insurer itself)
- Club Marine
- Club Marine Limited (ABN 12 007 588 347, AFSL 236916) acts as agent under a binding authority from Allianz Australia
- NRMA
- Not applicable — NRMA Insurance issues policies directly via Insurance Australia Limited
- Nautilus Marine
- NM Insurance acts as agent under a binding and claims authority from Zurich Australian Insurance Limited
- PDS source / note
- Some marine brands are specialist agencies that design, sell and settle the policy on behalf of a larger underwriter. The agency holds its own AFSL. When you contract with an agency, the actual insurer is still the risk carrier named in the row above.
Parent company / corporate group
- Club Marine
- Allianz Australia (part of the global Allianz SE group)
- NRMA
- Insurance Australia Group (IAG) — Australia's largest general insurer
- Nautilus Marine
- Zurich Insurance Group (via Zurich Australian Insurance Limited)
- PDS source / note
- Public corporate disclosures, repeated in PDS welcome pages
Operating in Australia since
- Club Marine
- 1959
- NRMA
- 1925
- Nautilus Marine
- 2005
- PDS source / note
- Brand histories repeated in About sections on each insurer's website
Cover & Limits
Third-party liability limit (damage to other people or property)
- Club Marine
- Set on your Policy Schedule at quote stage — Club Marine quotes are typically issued at $10 million for recreational pleasure craft, but the PDS does not publish a fixed minimum
- NRMA
- $10,000,000, published explicitly in the PDS Definitions (inclusive of GST and all legal costs)
- Nautilus Marine
- Set on your Certificate of Insurance on the Standard Boat PDS. The Premium Pleasure Craft PDS caps third-party liability at $500,000 per occurrence (inclusive of defence costs, fines and penalties).
- PDS source / note
- Club Marine PDS p.19 "Section 2 Limit of Liability"; NRMA PDS p.10; Nautilus Boat PDS Certificate; Nautilus Premium PDS p.21
How your boat is valued for a total loss
- Club Marine
- Both Agreed Value and Market Value are available, but the current PDS sets Market Value as the default. Agreed Value must be specifically requested at quote stage and noted on your Schedule.
- NRMA
- Agreed Value only — the sum insured is locked in at policy start and does not depreciate. No Market Value pathway.
- Nautilus Marine
- Both Agreed Value and Market Value are available. The Standard Boat PDS treats Market Value as the default. Brand-new boats purchased through a marine dealership automatically get Agreed Value for the first two years, then transition to Market Value at renewal unless you explicitly request Agreed Value with a current valuation.
- PDS source / note
- Club Marine PDS lines 70-86 ("Market Value is the default cover"); NRMA PDS p.12; Nautilus Premium PDS p.6
Personal effects cover (total, e.g. gear, electronics, tackle, clothing)
- Club Marine
- $30,000 — combined cap covering Personal Effects + Fishing Gear + Water Ski Gear
- NRMA
- $1,000 — covered as "Contents of Your Boat". Thin for modern fishing boats with serious electronics.
- Nautilus Marine
- Standard Boat PDS: $10,000 aggregate. Premium Pleasure Craft PDS: $20,000 aggregate.
- PDS source / note
- Club Marine PDS p.17; NRMA PDS p.12; Nautilus Boat PDS Section 1
Personal effects cover per item (the per-item sub-limit)
- Club Marine
- $3,000 per item
- NRMA
- No per-item cap is published — the $1,000 aggregate applies
- Nautilus Marine
- Standard Boat PDS: $1,500 per item. Premium PDS: $2,000 for guests' items, $500 for crew items.
- PDS source / note
- Same PDS references as the row above
Emergency assistance / accommodation / fuel delivery limit
- Club Marine
- $10,000 under the Club Care Benefits — includes emergency fuel delivery, return of the vessel to its home port, and temporary accommodation
- NRMA
- Emergency repairs, emergency transport and accommodation sections all exist in the PDS — specific dollar limits are set on the Certificate of Insurance
- Nautilus Marine
- Standard Boat PDS: $5,000 Emergency Assistance + $2,000 Repatriation Costs
- PDS source / note
- Club Marine PDS p.24; NRMA PDS p.12; Nautilus Boat PDS
Pollution clean-up cover (what happens if fuel or sewage spills)
- Club Marine
- $1,000,000 per incident, inclusive of GST and legal expenses — for sudden and accidental discharge of fuel, lubricants or sewage from your holding tanks
- NRMA
- $250,000 per incident, inclusive of GST — for removal and containment of debris and liquid
- Nautilus Marine
- $500,000 per accident / discharge, inclusive of legal costs and any fines or penalties. Applies across the Boat PDS and Premium Pleasure Craft PDS.
- PDS source / note
- Club Marine PDS p.19; NRMA PDS p.10; Nautilus Boat PDS Legal Liability section
Racing cover (how far from the starting point your racing is insured)
- Club Marine
- Up to 150 nautical miles — yacht racing included as standard, no additional premium for inshore racing inside that limit
- NRMA
- Up to 25 nautical miles included as standard. The optional Racing Risk Extension covers events with a 25–50 nm course radius. Anything beyond 50 nm is excluded.
- Nautilus Marine
- Up to 100 nautical miles — sailboat racing included as standard. Racing beyond 100 nm is excluded unless specifically extended.
- PDS source / note
- Club Marine PDS p.27; NRMA PDS p.15; Nautilus Boat PDS
Geographic limit (how far from the Australian coast you can go)
- Club Marine
- 250 nautical miles from the Australian mainland and Tasmania
- NRMA
- 200 nautical miles from the Australian mainland or Tasmania
- Nautilus Marine
- 250 nautical miles from the Australian mainland and Tasmania (Boat and Premium PDSes). The Personal Watercraft PDS is restricted to Australian waters only.
- PDS source / note
- Club Marine PDS p.48 "Geographic Limits"; NRMA PDS Definitions; Nautilus Premium PDS
Cooling-off period (your window to cancel for a full refund)
- Club Marine
- 14 days from policy issue or each renewal
- NRMA
- 21 days from policy issue or each renewal
- Nautilus Marine
- 21 days from policy issue (consistent across the Boat, Premium and PWC PDSes)
- PDS source / note
- Club Marine PDS p.9; NRMA PDS p.5; Nautilus Boat/Premium/PWC PDSes
Can you choose your own repairer?
- Club Marine
- Partial — you may nominate a marine shipwright or mechanic, but Club Marine reserves the right to request that the work goes to another approved repairer
- NRMA
- No — NRMA selects the repairer and the repair method. You can ask NRMA to source a preferred repairer subject to approval, but the insurer has the final say. In exchange, NRMA backs all authorised repairs with a lifetime workmanship guarantee.
- Nautilus Marine
- No choice-of-repairer clause exists in any of the three Nautilus PDS files. Repairs are coordinated through Nautilus Marine's specialist marine claims team — confirm preferred-repairer arrangements with your broker at quote stage.
- PDS source / note
- Club Marine PDS p.36; NRMA PDS p.19; no Nautilus PDS reference
New-for-old replacement (brand-new replacement after a total loss)
- Club Marine
- Personal Watercraft (jet ski) only — new PWC replacement on a Total Loss within the first 2 years of registration
- NRMA
- 24 months from first registration — applies to the whole boat (NRMA brand-new boat replacement)
- Nautilus Marine
- Premium Pleasure Craft PDS only — new-for-old replacement applies to marine electronics up to three years of age
- PDS source / note
- Club Marine PDS p.24; NRMA PDS p.13; Nautilus Premium PDS p.20
How you buy it
Online quoting available?
- Club Marine
- Yes — direct online quoting via clubmarine.com.au for mainstream pleasure craft. Niche or performance craft may need broker contact.
- NRMA
- Yes — direct online quoting via nrma.com.au
- Nautilus Marine
- Partial — online quoting via nautilusinsurance.com.au for standard pleasure craft. Premium Pleasure Craft and PWC policies typically go through a marine insurance broker or dealership.
- PDS source / note
- Provider websites, April 2026
Boat types covered (per each insurer's Target Market Determination)
- Club Marine
- Powerboat, Yacht, Sailing Vessel, Personal Watercraft / Jet Ski (rated to 70 knots), Trailer Boat, Tinny
- NRMA
- Runabout, Cabin Cruiser, Yacht / Sailboat, Tinny, Trailer Boat, Houseboat. PWC / jet ski explicitly excluded by the TMD.
- Nautilus Marine
- Powerboat, Yacht, Sailing Vessel, Premium Pleasure Craft, Vintage / Older Hulls. PWC available on the separate Personal Watercraft Insurance PDS.
- PDS source / note
- Club Marine PDS p.27 (PWC speed cap); NRMA TMD tmdbo003; Nautilus PDS file inventory
Ready to go deeper on a specific insurer?
Every provider in this comparison has a full editorial review with the four-dimension methodology scoring, a pros and cons breakdown, and the full FAQ for the brand.