Ensure you never have to worry
We can provide insurance cover for your boat (no matter if it’s a launch, yacht, runabout, jet ski or even a jet boat) to MAS Members who hold other general insurance products with us. Underwriting criteria applies.
Why choose MAS Boat Insurance?
100% owned by our Members
We're a New Zealand owned mutual that's here for our members, not overseas shareholders. When you join us, you become one of our owners.
Advice when you need it
Our nationwide network of advisers can help protect what's important to you and our Member Support Centre is just a phone call away.
People’s Choice 7 years in a row
We were awarded Consumer NZ People’s Choice for house, car and contents insurance for 7 years in a row between 2015 to 2022.
What we cover:
Land and Marine
If your vessel is one that’s not permanently moored, like a cabin boat, sailing dinghy, or kayak, we’ll provide cover to the current value of the boat or up to the sum insured.
Marine only
If your boat is permanently moored at a marina or boatshed this is the option for you. Get cover for the current value of your vessel or up to the sum insured.
Jet Ski or Jet Boat
This cover option is designed for vessels that have internal jet propulsion systems and is provided to the current value of the boat or up to the sum insured.
Save with multiple policies
Insure your contents and your house and/or car and you may be eligible for our multi-product discount. Insure your motor vehicle, house and contents and you may eligible for our Goldshield discount. Your boat policy can also have the Goldshield discount applied once you have your car, house and contents insured with MAS.
Some of our additional automatic benefits
- Boat insurance
Boat insurance
If you suffer an injury and as a consequence die as the result of a sudden accidental event, we will pay $20,000 to your estate. If you are injured, and, as a consequence, die as the result of a sudden accidental event caused by accidental loss covered by this policy, we will pay $20,000 to your estate.
We will cover the reasonable cost of replacing locks and keys (including electronic access cards and transponders and remote door openers) if they have been lost, damaged, stolen or duplicated. No excess needs to be paid for your first claim under this benefit. First claim will not affect your No Claims Bonus. Most we will pay for any one event is $1,000.
We will cover any necessary and reasonable additional accommodation and travel expenses that are incurred to complete your journey as a result of loss to your boat covered under this policy. We will pay up to $1,000 per event.
If your boat suffers an electrical or mechanical breakdown whilst afloat, we’ll pay the reasonable cost (up to $500) to remove it and transport it to the nearest repairer or place of safety.
Wind-powered boats are automatically covered whilst preparing for, or participating in, a social race in New Zealand. This includes cover for damage to the boat’s sails, masts, spars or rigging.
We’ll pay the necessary and reasonable costs (up to $2,000) incurred by you to replace, replenish, or refill safety flares or fire extinguishers used to safeguard your boat against loss.
$1,000 cover for boat spare parts and accessories that are stored at home in a secured location.
If we’ve accepted a claim under the policy, and your boat is deemed uneconomical to repair, we will pay up to $500 to dispose of the boat at a landfill or disposal site.
You can choose to either use one of our preferred repairers and we’ll guarantee their repairs, or you can select a repairer of your choice.
Some of our additional automatic benefits
Boat insurance
If you suffer an injury and as a consequence die as the result of a sudden accidental event, we will pay $20,000 to your estate. If you are injured, and, as a consequence, die as the result of a sudden accidental event caused by accidental loss covered by this policy, we will pay $20,000 to your estate.
We will cover the reasonable cost of replacing locks and keys (including electronic access cards and transponders and remote door openers) if they have been lost, damaged, stolen or duplicated. No excess needs to be paid for your first claim under this benefit. First claim will not affect your No Claims Bonus. Most we will pay for any one event is $1,000.
We will cover any necessary and reasonable additional accommodation and travel expenses that are incurred to complete your journey as a result of loss to your boat covered under this policy. We will pay up to $1,000 per event.
If your boat suffers an electrical or mechanical breakdown whilst afloat, we’ll pay the reasonable cost (up to $500) to remove it and transport it to the nearest repairer or place of safety.
Wind-powered boats are automatically covered whilst preparing for, or participating in, a social race in New Zealand. This includes cover for damage to the boat’s sails, masts, spars or rigging.
We’ll pay the necessary and reasonable costs (up to $2,000) incurred by you to replace, replenish, or refill safety flares or fire extinguishers used to safeguard your boat against loss.
$1,000 cover for boat spare parts and accessories that are stored at home in a secured location.
If we’ve accepted a claim under the policy, and your boat is deemed uneconomical to repair, we will pay up to $500 to dispose of the boat at a landfill or disposal site.
You can choose to either use one of our preferred repairers and we’ll guarantee their repairs, or you can select a repairer of your choice.
*Boat insurance is only available for MAS Members who hold other general insurance products (excluding boat insurance) with us. Underwriting criteria applies.
This webpage is intended as an information guide only and does not form part of the policy document or any contract with MAS. This webpage does not consider your specific financial situation, needs or goals. You can find out more about financial advice at MAS here. Normal underwriting criteria apply for all insurance products. Special conditions and/or excesses may apply to the situations that meets your specific needs.