Youi Boat Insurance
Get comprehensive or third party boat insurance from Youi and keep your vessel secure
No reviews yet.
Write a review
Key takeaways
- Youi offers three policy levels: Comprehensive, Third Party Fire & Theft and Third Party Property Only.
- All Youi boat insurance policies include $10 million for general and watersports liability.
- Youi provides a quality guarantee on repairs completed by their authorised repairers.
Youi is an Australian general insurance company that underwrites all its own policies. Youi offers three boat insurance options to suit different budgets and cover requirements: Comprehensive, Third Party Fire & Theft and Third Party Property Only.
Compare Boat Insurance Policies Available from Youi
3 of 3 results
Compare other products
How we picked these
What you won't be covered for
Youi may not pay your boat insurance claim if:
- It is for loss or damage to any illegal property or item
- It is for loss or damage to any insured property caused by theft or attempted theft by deception
- You admit liability that would otherwise not have existed at law
- It is for any insured event that occurred outside Australia
- It results due to the intentional or deliberate acts or omissions by you or anyone else covered under your policy
- It arises due to your boat being used for any illegal activity
- It is caused by the legal repossession, confiscation or destruction of any property
- It is caused by wear and tear, rust, corrosion or deterioration
- It is a result of cleaning, restoring, modifying or repairing the property
- It is caused by mechanical, electronic or electrical breakdown or failure
- It is a result of poor or faulty design specification, materials or workmanship
- It is for the repair of any damage that existed prior to the start date of the policy
- It is for damage to sails and protective covers caused by wind (unless the same insured event also damaged the masts, boom, rigging or hull
- It is for loss or damage to moorings
- It is for legal liability caused by the use of diving equipment
- The watercraft or tender was being operated by someone who didn’t have your permission to do so (unless it was stolen)
- The watercraft or tender was being operate by someone who didn’t have the proper licence to operate it
- When the watercraft or the car towing the watercraft was being operated by someone under the influence of alcohol or drugs
- When the watercraft is being towed by a vehicle in breach of state or territory transport regulations
- When the watercraft or tender is being used for racing, speed trials or contests
- If the watercraft or tender was being used in a reckless manner or while unregistered
- If your watercraft or tender was being used for business purposes
Keep in mind this is not an exhaustive list. Other exclusions apply. For a full list of exclusions, please review the PDS.
How Much Does Youi Boat Insurance Cost?
Youi Boat Insurance premiums are affected by a number of factors, including:
- The type and age of your boat and what it is used for
- The address and any security measures or systems where your boat is usually moored or parked
- The age(s) of the boat operator(s)
- The value of any additional cover options you add to your policy
- The premium payment method you select
- Your insurance claims history
- Administration costs, taxes and government charges
How much excess will I have to pay?
You’ll need to pay an excess for every claim you make on your Youi Boat Insurance policy. The amount you pay will be the combined total of the basic excess and any additional excesses shown on your policy schedule. However, if you’re involved in an insured event that is completely the fault of the third party and where liability can be established, the basic excess amount may be waived.
Additional excesses are only payable under certain circumstances, so check your Youi policy schedule for more details.
How do I make a claim with you?
Every claim you lodge with Youi must relate to a separate event; you cannot include multiple events in one claim. You’ll also need to make sure that you take all reasonable precautions to prevent loss or damage occurring to your property, including after an insured event has already occurred.
If you’re the victim of theft, make sure to report the matter to the police as soon as possible. Make sure to obtain a written copy of the incident report as you will need to provide it at claims time.
You can lodge a claim by filling out a claim form online or by phoning Youi. The insurer will need to be able to view or inspect damaged goods or property, and it’s important that you promptly supply any documents the insurer requests to process your claim, such as receipts or police reports.
Frequently asked questions
Youi Boat Insurance offers crucial financial protection for a wide range of vessels. Compare its features and benefits with those of other boat insurance policies to find cover that suits your unique requirements.
Receive quotes for Youi Boat Insurance
More resources on Finder
Ask a question
6 Responses
More guides on Finder
-
Club Marine Boat Insurance
Find out everything you need to know in our in-depth guide to boat insurance from Club Marine.
-
Jet ski insurance
Jet ski insurance protects you and your jet ski from potentially devastating damages, allowing you to cruise in confidence.
We have a 52 ft motor cruiser but are currently living in Malaysia & cruising SE Asia. Do you cover in this situation?
Hi John,
Thanks for reaching out to finder.
Just to confirm that the motor insurance brand we feature on our site and all other products and services are only available to people in Australia, so I’m afraid this may not be applicable to you. You’d be best to get in touch with an insurer in your country instead.
Cheers,
May
I require a quote for 3rd party boat insurance please
Hello Malcolm,
Thank you for your inquiry.
Please be advised that you have reached finder.com.au, we are a comparison website and not the insurer.
We feature You solely in our insurance panel. If you wish to learn more, please read our guide on boat insurance. On that page, you’ll learn more about what boat insurance policies covers, what their features are, and a lot more.
Hope this helps.
Cheers,
Jonathan
is my boat covered for damage caused by a travel lift/haulout gone wrong?
Hi Jim,
Thanks for your question. Finder is a comparison service and we are unable to provide personalised financial advice. You may need to contact Youi directly for claims questions.
All the best,
Richard