Nautilus Marine Insurance - NSW

About Nautilus Marine Insurance - NSW

Nautilus is the boat insurer many Australians meet at the dealership. It's backed by **Zurich**, one of the world's biggest insurers, and since 2005 it has grown to **more than 75,000 customers** and paid out **over $450 million in claims**. It writes separate policies for everyday boats, premium pleasure craft and jet skis, so each type gets cover designed for it.

## At a glance - **Best for:** new boats bought from a dealer, jet skis, runabouts, premium motor and sailing yachts, and cyclone-country owners who trailer their boats - **Covers:** runabouts, cruisers, yachts and catamarans, personal watercraft, off-the-beach sailing boats, trailer sailers, houseboats and commercial craft - **Offshore limit:** 250 nautical miles from the coast (jet skis are limited to Australian waters) - **Customer line:** 1300 780 533, Monday to Friday, 8.30am to 6.30pm AEDT

## The story Nautilus Marine Insurance Agency opened in **April 2005**, focused purely on recreational boats. It began working with boat manufacturers in 2008 and crossed to New Zealand in 2010. In 2013 the business was renamed **NM Insurance**, and in 2014 **Steadfast Group** took a majority stake. It launched sister brand [Proteus Marine Insurance](/directory/proteus-marine-insurance) for commercial marine in 2015, and opened its Victorian and Western Australian offices in October 2024. Nautilus celebrated its 20th anniversary in 2025.

## What stands out - **Agreed value for new boats:** brand-new boats bought from a dealer are insured for an agreed value for their first two years, so you know what you'd get on a total loss. - **Racing cover:** racing is included up to 100 nm from the official start, and entry fees are reimbursed up to $2,000 if something goes wrong. - **Emergency assistance** up to $7,000, and pollution clean-up up to $500,000. - **Personal effects:** $10,000 on the standard policy and $20,000 on the premium policy, which also replaces marine electronics new-for-old if they're up to three years old. - **Cyclone-friendly for trailer boats:** the named-cyclone excess ($5,000 or 5% of the claim) is waived if your boat is on its own trailer. - **Specialist claims team,** named a 5-Star Carrier by Insurance Business magazine.

## Good to know - After the two-year agreed-value window, cover moves to **market value** unless you ask to keep agreed value. - There's no choice-of-repairer clause, and no extension beyond 250 nm for ocean passages. - Much of Nautilus's business comes through dealers and brokers, but you can call it directly.

## How it compares Nautilus is strongest for **new boats and jet skis**, and for Queensland owners worried about cyclones. If choosing your own repairer matters, [Club Marine](/directory/club-marine-boat-insurance) and [New Wave](/directory/new-wave-insurance-boat-caravan-trailer-public-liability-insurance) both allow it. For ocean passages beyond 250 nm, talk to [Pantaenius](/directory/pantaenius-australia) or [Topsail](/directory/topsail-marine-insurance).

## Questions to ask before you buy - Which policy fits my boat: **standard, premium pleasure craft or personal watercraft**? - When does my **agreed value** end, and can I keep it? - Is my boat covered in a **named cyclone** where I keep it? - What's the **liability limit** on my schedule?

Nautilus also issues layup and currency certificates on request.

## North Sydney office **Level 7, 99 Walker Street, North Sydney NSW 2060** · (02) 8920 1157 · NSW@nautilusinsurance.com.au · Postal: PO Box 6156, North Sydney NSW 2059.

Boating on Sydney Harbour? See our guide to [marine insurance in Sydney](/marine-insurance-sydney) and compare other [marine insurance providers](/directory/services/insurance). Nautilus also has offices in [Brisbane](/directory/nautilus-marine-insurance-qld), [Melbourne](/directory/nautilus-marine) and [Perth](/directory/nautilus-marine-insurance-wa).

**Last checked:** September 2026. Always read the current PDS for your quote.

Services and expertise

• Marine insurance

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