State Boat Insurance

State, a corporate division of IAG, offers comprehensive coverage for tangible assets, from homes and vehicles to specialised areas often overlooked, such as boat insurance.

Their unique perspective differentiates them from other providers, making them not just another insurance company, but a partner in safeguarding what matters most to you.

A century of service: Deep roots and profound insights

Established in 1905 as a government-owned entity, State has grown significantly, transforming into a trusted and respected player in New Zealand's insurance market.

Today, with a rich heritage spanning over a century, they manage more than 900,000 insurance policies, diligently serving over 400,000 Kiwis.

This extensive experience and vast customer base have enabled them to develop a deep understanding of the community's diverse insurance needs, affirming their position as a preferred provider for many.

Quality commitment: Consistently earning trust and assurance

State's unwavering commitment to providing exceptional service is more than just words. Year after year since 2014, the firm has been the proud recipient of the prestigious Trusted Brand Reader's Digest General Insurance Award.

This accolade is a testament to the faith and confidence that clients continually place in State as their insurance provider of choice. Parent company IAG supports this trust with its outstanding financial strength rating, ensuring you of its robust capacity to honour claims.

Prioritising convenience and comfort: Accessibility and support across the globe

Understanding the importance of easy access and your comfort, State has established customer service centres in key locations, including Auckland, Wellington, Palmerston North, Christchurch, and even extending as far as Manila.

These strategic locations, coupled with various engagement platforms, ensure that you can readily interact with State's dedicated team, facilitating hassle-free insurance discussions.

With State, you can transform your insurance premiums into exciting Flybuys points

They take great pride in their partnership with the Flybuys loyalty program, enriching your experiences with exclusive advantages.

Every $25 premium on State policies adds a Flybuys point to your account, providing opportunities to accumulate bonus Flybuys throughout the year. This not only opens the gateway to Flybuys rewards but also provides substantial savings on fuel and groceries, offering a truly rewarding insurance journey.

Devotion to you: Protecting what truly matters

State's ethos is profoundly rooted in its commitment to safeguarding what's genuinely valuable. They understand that your home, family, and prized possessions are irreplaceable, and they go above and beyond to ensure these are well-protected.

To assist you, they offer a helpful contents calculator, enabling an easy evaluation of coverage needs.

With its unrivalled experience, a strong customer-focused approach, and an unwavering commitment to quality, State has solidified its reputation as a reliable and esteemed insurance provider.

Continuously delivering comprehensive and trustworthy insurance solutions, they stand as a favoured choice for valued customers across the nation.

When sailing, you never want the joy of the voyage to be overshadowed by worry about potential risks.

That's why State, as one of the leading boat insurance companies in NZ, offers comprehensive boat cover and peace of mind to everyone enjoying the sea's thrills.

Unforeseen damage or theft: They've got you covered

State's boat insurance is designed to respond to the unpredictable. Should your boat encounter unexpected damage or theft, State's insurance will provide financial protection up to the insured value. Whether your vessel needs repair or is stolen and not found, the company promises to compensate you for the loss, effectively eliminating potential financial worries.

Safeguarding essential equipment and personal belongings

One of the strengths of State's offering among boat insurance companies NZ-wide is the protection for the boat's integral parts and personal belongings. The policy safeguards:

• Sails
• Outboard engines
• Protective shrouds
• These items are ensured for their market value. Your personal items, such as clothes, watches, cameras, and other typically used boat items, are also protected under the policy.

Beyond standard coverage: Unique provisions

But State goes even further. They also offer protection for:

• Fishing equipment
• Scuba diving gear
• Water skiing equipment
• And in case your boat malfunctions at sea, State contributes up to $500 towards transportation costs to the nearest repair facility and as much as $1000 during any given year.

Personal liability and legal protection

In today's litigious society, personal liability coverage is a necessity. State covers your legal liability up to $2 million if you unintentionally damage someone else’s property or cause injury when operating your vessel. This cover extends to anyone else operating your vessel with your permission, demonstrating State's comprehensive approach to insurance coverage.

Extra mile coverage for exceptional circumstances

State understands that sometimes, unusual circumstances arise. If you need to:

• Salvage your vessel
• Raise or remove it on statutory authority instructions
• Up to 10% of the insured value to transport it to a disposal location.
• $250 per person and $1,000 altogether to take you and your family to the closest destination.
• $100 per day or $1,500 altogether for attending court proceedings concerning a loss
• State has provisions to cover these costs. They also provide manslaughter defence coverage up to $5,000, ensuring legal representation doesn't become a financial burden

Maximum compensation and additional coverage options

State's promise is clear, they will compensate up to the market value of your boat or the insured value for any event. As an additional bonus, State also offers optional coverage for yachts, covering damage to the vessel’s sails, masts, spars, or rigging during a sailboat race.

As one of the top boat insurance companies NZ-wide, State's comprehensive and flexible boat cover ensures smooth sailing, regardless of what the sea throws your way.