Policy Benefits

New Zealand is a boating nation and your boat is an expensive treasured asset. Bay Insurance Marine understands this which is why we specialise in insuring a variety of different boats from large marina berthed launches through to trailered pleasurecraft ensuring you have the right cover in place. As standard, all of our policies have a minimum Third Party Liability Indemnity of $10,000,000 which most Marinas throughout New Zealand are now requiring.

Our designated Marine Scheme is underwritten by Ando Insurance and was created to provide greater benefits and cost effective insurance cover that is tailored to your needs as a boat owner.


There are a number of benefits under the policy but we have noted the key benefits below

  • $10,000,000 Legal Liability as standard
  • Agreed Values settlement rather than Market Value
  • Common Renewal date (the scheme renews annually on 1st November giving us better negotiation power so you get the best deal we can offer)
  • Fishing and Dive gear automatically covered up to $20,000 and $2,500 any one item
  • Loss of Entry Fees Cover up to $1,000
  • Automatic Personal Effects Cover
  • 24/7 dedicated claims service
  • Sighting of hull bottom after grounding
  • Social and Corporate Racing automatically covered
  • $250 excess for tender/outboard and fishing equipment
  • Permanent liveaboard
  • Not at fault excess waiver
  • Monthly Payment Options
  • Cover for full racing risk can be arranged where spinakers or extras are used
  • We have a preferred panel of assessors
  • Nationwide network of Marine Surveyors

For a hassle free quote or to find out more please contact us on 0800 229 252

Bay Insurance Marine

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