The PWC insurance policy offers a range of features and benefits not commonly found with other insurers. These include a minimum of two years full replacement for new PWCs, cover for water ingress even without a breach of the hull, theft cover without evidence of forcible or violent removal, use of genuine manufacturer parts for repairs, coverage for modified PWCs, and $10 million legal liability cover, including water skiers as standard.
Additionally, Nautilus Marine policies offer a pay-by-the-month option, allowing customers to spread the financial commitment throughout the year. Customers also have the opportunity to lay up the PWC during months when there is no usage, leading to a premium discount.
Lyndon Turner, CEO of Nautilus Marine Insurance, expressed pride in delivering a product that raises the bar in personal watercraft coverage. "These key features continue to show Nautilus understands pleasure craft owners' needs, and we tailor products accordingly," he stated.
For PWC owners, this new insurance offering provides comprehensive protection and flexibility, ensuring that their watercraft are adequately covered both on and off the water. Nautilus Marine Insurance's expansion into the PWC market reflects its commitment to meeting the evolving needs of Australia's boating community.
Please Note: If this information affects you or is relevant to your circumstances, seek advice from a licensed professional.
