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Club Marine Introduces Land-Based Insurance for Race Boats
New Partnership with AOPC Enhances Coverage for Australian Racers
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Club Marine, Australia's leading boat insurance provider, has expanded its services to include land-based insurance coverage for race boats.
This initiative is the result of a new partnership with the Australian Offshore Powerboat Club (AOPC), aiming to address the specific needs of race boat owners.
Historically, insuring race boats during storage and transit has been a challenge for owners. Recognising this gap, Club Marine collaborated with AOPC to develop a policy that offers protection against accidental loss, damage, theft, and malicious damage while the boats are on land and on their trailers.
AOPC Commodore Antony De Fina expressed his satisfaction with the development, noting the longstanding relationship between the two organisations. He highlighted that this new offering provides race boat owners with peace of mind, knowing their vessels are protected even when not in the water.
For race boat owners, this means enhanced security and financial protection for their valuable assets. The policy covers various scenarios, including damage during transportation to events, storage between races, and unforeseen incidents that may occur while the boat is on land.
Club Marine's initiative reflects a broader trend in the boating industry towards offering specialised insurance products tailored to the unique needs of different segments within the community. By addressing the specific concerns of race boat owners, Club Marine not only strengthens its position in the market but also contributes to the overall safety and sustainability of the sport.
For more information on this new insurance offering, race boat owners are encouraged to contact Club Marine directly or visit their official website.
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ANZ Bank has recently introduced more stringent criteria for mortgage lending to trusts and companies, aligning with similar moves by other major Australian lenders. Effective January 8, 2026, these changes reflect a broader industry response to regulatory concerns over high-risk lending practices. - read more
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