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Club Marine Introduces Insurance Coverage for Race Boats
New Policy Supports Australian Offshore Superboat Championship Participants
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The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
Club Marine, Australia's leading boat insurance provider, has unveiled a new insurance policy tailored specifically for race boats during storage and transit.
This initiative aims to support participants in the Australian Offshore Superboat Championship by offering coverage for accidental loss, damage, theft, or malicious damage while the boats are on land and on their trailers.
Antony De Fina, Commodore of the Australian Offshore Powerboat Club (AOPC), expressed appreciation for the longstanding relationship with Club Marine. He highlighted the significance of this new offering, noting that insurance for race boats during non-competition periods was previously unavailable. This development provides owners with peace of mind, especially concerning potential incidents during transit or storage.
Club Marine's CEO, Tim Wiles, emphasized the company's commitment to the boating community, stating that the partnership with AOPC reflects their dedication to supporting the sport and its enthusiasts across Australia. In addition to the new insurance policy, Club Marine's support extends to coverage for the AOPC's Shark Cat vessel, which plays a crucial role in race day events.
This initiative is particularly timely, as the Australian Offshore Superboat Championship is experiencing significant growth. The recent race at Lake Macquarie saw record entries and enthusiastic crowd support, indicating a resurgence in the sport's popularity. The introduction of this insurance coverage is expected to further bolster participation by addressing a critical concern for race boat owners.
For boat owners and enthusiasts, this development underscores the importance of comprehensive insurance coverage tailored to specific needs. It also highlights the evolving nature of the boating industry, where partnerships between insurers and sporting organizations can lead to innovative solutions that benefit the entire community.
Published:Sunday, 8th Mar 2026 Source: Paige Estritori
Please Note: If this information affects you, seek advice from a licensed professional.
In January 2026, the National Australia Bank (NAB) announced an increase in its fixed home loan interest rates by up to 0.40 percentage points. This adjustment marks the second such increase within a six-week period, reflecting the bank's proactive stance in anticipation of potential cash rate hikes by the Reserve Bank of Australia (RBA). - read more
Club Marine, Australia's leading boat insurance provider, has unveiled a new insurance policy tailored specifically for race boats during storage and transit. This initiative aims to support participants in the Australian Offshore Superboat Championship by offering coverage for accidental loss, damage, theft, or malicious damage while the boats are on land and on their trailers. - read more
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