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i) Commercial boat insurance
ii) Sail boat insurance
iii) Small boat insurance
iv) Power boat insurance
v) Charter boat insurance |
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| Read through the money saving tips for boat insurance and chat online now with our insurance providers. They can answer any questions you have about New Zealand boat insurance or boat insurance quotes. |
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| 1. |
Shop around for boat insurance quotes. We recommend that you obtain at least three quotes. This will enable you to gain a fair idea of how much your boat insurance is likely to cost. This will also give you an understanding of the different types of policies available. |
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| 2. |
When shopping around for quotes, ask your insurance provider whether they give safety discounts. If you or anyone else that uses your boat has completed water safety training with the New Zealand Coast Guard or a similar organisation, you may be entitled to a discount. |
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| 3. |
Consider grouping your marine insurance with your other insurance policies . This can be a great way to save money on your boat premiums. |
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Sometimes insurers give group discounts. Ask whether your boat club gets special rates. This could be a way to receive a significant discount on your marine insurance. |
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| 5. |
Adding safety devices to your boat can help reduce the cost of your boating insurance . Ask your marine insurance provider for ways to reduce risk and save on your insurance premiums. |
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| 6. |
Pay your marine insurance premiums annually opposed to monthly or quarterly. Paying annually reduces the administration and invoicing cost for you provider and the savings are passed on to you. |
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| 7. |
When shopping for boat insurance quotes, consider signing up online. Many insurance companies provide this option. This reduces the cost for the marine insurance company and can save you up to 20% on your motorboat insurance, commercial insurance, sailboat insurance, fishing boat insurance, charter boat insurance, or salvage insurance. |
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| 8. |
Determine what category your boat fits into. Insurance companies determine your insurance premiums by the size of your boat, location of your boat, how many people use it, and so on. |
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| 9. |
If you have more than one boat, ask your insurance provider whether you can cover both the vessels under one insurance policy. This can save you money and reduces the hassles of managing multiple policies. |
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