Secure your boat
It is essential after getting a boat to get insurance on it. This is not only mandatory by law, but it is also a wise financial decision, and we can help you with the insurance process. Regardless of the purpose of the boat, whether personal and commercial use, you need insurance for it. At Austin Boat Mechanic, we can help you get the insurance you need for your boat. We serve as insurance agents for many of the top boat insurers in Brisbane, and when you get your boat insurance through us, you will be getting a discount. The best way to protect your boat’s value is through insurance, but insurance is not as simple as it sounds. When it comes to boat insurance, you have to get it right the first time.
More information on boat insurance.
Given the number of insurance providers available in Brisbane alone, it is easy to be confused. We are here to guide you through and ensure you have the most suitable insurance policy for your boat. We know the policy to go for, and we make sure you get suitable and affordable premiums on the policy. We have insurance experts who will help you with the whole insurance process such that you will not have to bother yourself with all the hard work involved. Our boat insurance will protect you against fire, theft, malicious or accidental damage, and many more. We are very particular about the extent of the coverage that the insurance offers because of the multiple risks that exist in the water, all of which can affect your boat. Austin Boat Mechanic serves as your insurance agent, and we are responsible for the whole insurance process.
Importance of Boat Insurance
Lenders Require It
Before lenders give you a boat loan to purchase the leisure goods, insurance is one of the things they require because they have to protect their investments. Thus, if you are using finance to get a boat, you are highly unlikely to avoid it.
Mandated by Law
The law mandates boat owners to get the insurance that will cover the damage their boat does to another third-party property and person. It is called third party insurance and ensures that should your boat cause injury, damage to property or even death, your insurance will serve as a remedy for the person.
Protect Yourself
Comprehensive insurance protects your property such that in case of loss, destroy or damage, the insurance company will be responsible for restoring or repairing the property. It will usually cover certain incidents which generally include theft, accidental or malicious damage, and fire. It might also cover natural disasters, and some people even extend their premium to include events that seem like it will never happen.
DISCLAIMER. THIS INFORMATION IS ONLY AVAILABLE AS A GENERAL GUIDE ON THE GOVERNMENT POLICIES. IT IS DERIVED FROM THE OFFICIAL AUSTRALIAN GOVERNMENT SOURCES. WE DO NOT BEAR ANY RESPONSIBILITY FOR THE COMMENTARY AND ANALYSIS OF THIS PUBLIC DOMAIN INFORMATION NOR ANY LIABILITY FOR HOW THE FACTS ARE INTERPRETED. IT IS RECOMMENDED THAT YOU SPEAK WITH AN ACCOUNTANT OR FINANCIAL ADVISOR TO GET PRECISE INFORMATION AND ADVICE ON YOUR SITUATION.