Insurance brokers operate on behalf of their customers. Insurance brokers understand both the potential risks that an individual or business may face and also the various insurance policy options and insurance providers that exist across the market.

Insurance brokers can help customers with hard to place risks to find an insurance provider that can meet their needs.

Insurance Brokers work for the customer and are independent of the insurers that they engage with on behalf of their clients. Insurance Brokers work for their customers and have their customers' best interests at heart. Insurance Brokers do not work for the insurer. Insurance Brokers help their clients to find and source available insurance that matches their needs and requirements.

With almost 4000 Australian Insurance Brokers on Advisr, Advisr is the best place to find an insurance broker right for you. Asking for recommendations from others in your industry or area is a good place to start in looking for an insurance broker. You can search for that insurance broker on Advisr by name.

You can also search for an insurance broker by the type of insurance you need (insurance category), by your industry or by location depending on what is most critical to you. You can learn more about what a broker is like to work with by reading customer reviews left on Advisr. Educating yourself and reading articles by insurance brokers that explain different insurance lines, or dissect exposure to risk in different industries also helps you to find and select an insurance broker that understands your business or personal risk. We have hundreds of articles on Advisr to help you understand your insurance needs and find an insurance broker right for you.

Insurance brokers help clients to reduce their risk by sourcing and matching their clients with appropriate insurance products. Insurance brokers work for their customers. Insurance brokers focus on understanding their customers' risks and exposure and their insurance requirements.

Boat Insurance can be complex. Here are three key questions to consider when evaluating boat insurance. 

How much do I need to insure my boat for?

Determining how much to insure your boat for is an individual decision based on your risk appetite. You want to make sure that your sum insured aligns with the cost or value of the boat. Underinsurance can leave you short if you need to replace or repair your boat.

What is included with boat insurance?

Boat insurance includes lots of different components. To truly understand your requirements, we'd encourage you to talk with an insurance broker to better understand your risks and the various boat insurance policies that exist to help reduce your exposure. 

Who are the best providers of boat insurance?

Great question! Ask an insurance broker what they think. There might be different providers who are better matched to different customers and boat owners. So finding the best provider of boat insurance for you is more important than finding the best providers across the market. 

Boat insurance is a specific insurance policy designed to provide coverage for your boat. Boat insurance provides protection to you in the event of damage or loss of your boat.

The cost of boat insurance depends on a few key factors. Firstly, the boat that you are looking to get covered with boat insurance. In addition to the boat, there are details about your boat that influence the cost of your boat insurance. Here are some factors that impact the cost of boat insurance

1. The type of boat you want to insure.
2. How old your boat is.
3. State where you boat resides
4. The size of your boats motor.
5. Where you use you boat.
6. How you use your boat.

What does boat insurance typically cover? Here are a few areas that are usually covered with a boat insurance policy. Please check your boat insurance product PDS or talk with you an insurance broker to understand what your current or potential boat insurance policy includes and excludes.

Collision damage: Usually covering repair and replacement of you boat. Some exclusions can include cleaning up of any wreckage. 

Property damage liability: Covering accidental crashes into another boat or damage caused to dock or marina.

Engine damage: Check what levels of coverage are provided and the circumstances under which coverage is maintained.

Bodily injury: Coverage for accidental injury that occurs to a person during the operation of you boat. 

Weather damage: Some policies may include coverage for specific weather-related damage to your boat and some policies might have specific exclusions.

Comprehensive: Comprehensive boat insurance coverage can include additional coverage for medical expenses, fishing or boating equipment, oil spills, under or uninsured claims and other possible inclusions.

Using an Insurance Broker for your Boat insurance needs ensures that your business has managed its risks. Every business is different and an insurance broker can help by assessing your unique business risk profile and providing advice on the best insurance cover, including Boat insurance for your business. An insurance broker will also help when it comes time to claim, advocating for you to negotiate the best outcome in the settlement of your claim with the insurer. So whether it's damage to another craft or dock, fuel spill liability or damage to your boat including hull, sails, machinery and more, your Insurance Broker can assist you to be covered.

Advisr has 759 insurance brokers and 106 insurance brokerages specialising in Boat Insurance. To find the right insurance broker who specialises in Boat Insurance, check out this page for specialist Boat Insurance Brokers.

• Read real customer reviews to learn more about them
• Educate yourself about Boat Insurance by reading articles written by insurance brokers that explain Boat Insurance
• Ask friends or colleagues to refer their Boat Insurance broker to you and look them up on Advisr to read their reviews and connect with them.

Advisr is built to help you understand your insurance needs and find an insurance broker that is right for you.