Truck Loans Australia :: News
SHARE

Share this news item!

Club Marine Introduces Land-Based Insurance for Race Boats

New Partnership with AOPC Enhances Coverage for Racing Enthusiasts

Club Marine Introduces Land-Based Insurance for Race Boats?w=400

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 provider of recreational boat insurance, has expanded its offerings to include specific coverage for race boats while they are on land.
This development comes through a new partnership with the Australian Offshore Powerboat Club (AOPC), aiming to address the unique insurance needs of race boat owners.

Historically, securing insurance for race boats during storage and transit has been challenging. Recognising this gap, Club Marine's new policy provides protection against accidental loss or damage, theft, and malicious damage when the vessel is on land and on its trailer. Additionally, the policy covers up to $2,000 (including GST) for non-refundable race and tournament entry fees if a covered incident causes withdrawal from an event.

Tim Wiles, CEO of Club Marine, expressed enthusiasm about the collaboration: "We are delighted to enter into a new relationship with the Australian Offshore Powerboat Club. This partnership reflects our commitment to supporting the sport and strengthening our connection with passionate boating enthusiasts across Australia."

AOPC Commodore Antony De Fina highlighted the significance of this offering: "Insurance like this had previously been non-existent. It's always a challenge with racing-we understand damage can occur under the pressures of competition, but it's the fear of damage during transit, or even worse, theft of equipment while stopped overnight or locked away in a factory, so this provides some welcome relief."

This initiative underscores Club Marine's dedication to the boating community, ensuring that race boat owners have access to comprehensive insurance solutions tailored to their specific needs.

Published:Monday, 20th Apr 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Finance News

Club Marine Introduces Land-Based Insurance for Race Boats
Club Marine Introduces Land-Based Insurance for Race Boats
20 Apr 2026: Paige Estritori
Club Marine, Australia's leading provider of recreational boat insurance, has expanded its offerings to include specific coverage for race boats while they are on land. This development comes through a new partnership with the Australian Offshore Powerboat Club (AOPC), aiming to address the unique insurance needs of race boat owners. - read more
Great Barrier Reef Commercial Marine Conference Unveils National Economic Impact Study
Great Barrier Reef Commercial Marine Conference Unveils National Economic Impact Study
20 Apr 2026: Paige Estritori
The inaugural Great Barrier Reef Commercial Marine Conference was held in Cairns on 11 March 2026, bringing together 50 industry leaders, operators, and suppliers to discuss the future of Australia's commercial marine sector. A significant highlight of the event was the launch of the Australian Commercial Marine Economic Impact Study (EIS). - read more
APRA Implements Emergency Measures to Cap Commercial Auto Insurance Premiums
APRA Implements Emergency Measures to Cap Commercial Auto Insurance Premiums
20 Apr 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has announced emergency measures to address significant premium increases in the commercial auto insurance sector. Effective immediately, insurers are prohibited from implementing baseline premium hikes exceeding 25% without clear justification. - read more
Australian SMEs Ramp Up Borrowing Ahead of Payday Super Changes
Australian SMEs Ramp Up Borrowing Ahead of Payday Super Changes
20 Apr 2026: Paige Estritori
Australian small and medium-sized enterprises (SMEs) are experiencing a significant shift in borrowing behaviour, with a notable increase in loan applications aimed at business expansion. This trend emerges as the impending Payday Super reforms pose potential challenges to cash flow management. - read more
Australian SMEs Embrace Non-Bank Lenders Amidst Traditional Banking Challenges
Australian SMEs Embrace Non-Bank Lenders Amidst Traditional Banking Challenges
20 Apr 2026: Paige Estritori
In a significant shift within the Australian financial landscape, small and medium-sized enterprises (SMEs) are increasingly turning to non-bank lenders to meet their financing needs. Recent data reveals that demand for non-bank lending among SMEs has reached a record high of 47%, marking a 50% year-on-year increase and a threefold rise since September 2018. - read more


Truck Loans Articles

How to find the best insurance for your trucking business in Australia
How to find the best insurance for your trucking business in Australia
As a trucking business owner in Australia, finding the right insurance is crucial to the protection of your business. To achieve this, it is important to first understand your specific business needs. Here are some factors to consider: - read more
From Small to Big: Financing Your Truck Expansion in Australia
From Small to Big: Financing Your Truck Expansion in Australia
Expanding your truck fleet is a critical step in driving business growth. For many small businesses, increasing the number of commercial vehicles means accessing new markets, delivering goods more efficiently, and ultimately, boosting profitability. In the competitive Australian market, staying ahead requires not just maintaining but expanding your transport capabilities. - read more
5 Tips on Securing Low-Interest Rates for Your Vehicle Purchase
5 Tips on Securing Low-Interest Rates for Your Vehicle Purchase
Embarking on the journey of acquiring a commercial vehicle is a significant decision for any business. Securing a loan with a low-interest rate is not just a matter of luck; it involves meticulous planning and a thorough understanding of the lending landscape. This opening section sets the scene for our deep dive into navigating the commercial vehicle loan process with an eye toward minimizing costs and maximizing value. - read more
Essential Financial Safety Nets for Aussie Truck Drivers
Essential Financial Safety Nets for Aussie Truck Drivers
Welcome to the road less traveled, where the rubber meets financial prudence. Truck driving in Australia is not just about long miles but also about ensuring financial stability amidst life's crossroads. As a truck driver, taking the wheel of your financial future is crucial, and that's what we'll navigate in this article. - read more
The Most Important Factors to Consider When Buying a Truck
The Most Important Factors to Consider When Buying a Truck
Buying a truck is a major investment, whether it's for personal use or business purposes. With the plethora of options available in the Australian market, it's important to consider various factors before making a purchase. Your specific needs, budget, lifestyle, and work requirements should be taken into account before making a decision to ensure the truck you buy fits your needs. - read more


Start Here

Get a free truck loan eligibility assessment and compare truck finance and leasing options without accessing your credit file!!
Loan Amount:
Postcode:

All quotes are provided obligation-free by a participating broker from our national referral partner network. We respect your Privacy.


Knowledgebase
Mortgage Broker:
A person or company that acts as an intermediary between borrowers and lenders, but does not lend money directly.