Written and edited by GabrielPowered by YouSail.com.au
Sailboat InsuranceAustralia · Independent guide

Boat Sum Insured Calculator

Prepare a sailboat or yacht valuation worksheet using a whole-vessel value, without counting the same equipment twice.

By GabrielLast reviewed Runs in your browser · optional saving on your device

Folded white sails and coiled ropes in a sail loft
Record equipment once: fitted gear may already be included in the whole-boat value.Original AI-generated editorial image; generic setting · Illustrative, not evidence of cover

Start with a whole-vessel valuation or comparable sales figure. That normally already reflects the engine, rig and fitted equipment. An equipment invoice is not automatically an equal increase in vessel value.

Australian dollars. Enter 0 if none applies.
Australian dollars. Enter 0 if none applies.
Australian dollars. Enter 0 if none applies.
Australian dollars. Enter 0 if none applies.
Avoid counting equipment twice
Add only an evidenced adjustment excluded from the whole-vessel figure. Keep separately requested tender and personal-effects limits outside the vessel total. If they are already included in the vessel figure or policy, enter zero here and describe the inclusion below.

Your valuation discussion summary

Enter the vessel value and all adjustments. Zero is valid for items that do not apply.

This worksheet organises your figures; it does not determine market value, an agreed value or a claim settlement.

Inputs stay in this browser. Saving is optional; avoid saving on a shared device.

Boat valuation worksheet
Whole-vessel value: Not entered
Additional value not already in the vessel figure: 0
Tender / outboard requested separately: 0
Personal effects requested separately: 0
Vessel total: Incomplete
Separate limits: Incomplete
Evidence: 
Included equipment: 
Policy questions:

How the sum insured worksheet works

Start with evidence for the complete boat in its current condition: comparable sales, a professional valuation or the insurer's requested basis. A whole-boat value normally already reflects its engine, mast, rigging and fitted equipment. Add only value you can justify as excluded from that baseline. Keep separately requested tender and personal-effects limits outside the vessel subtotal.

Worked example

A whole-yacht baseline of $100,000 plus $5,000 of evidenced additions not already included gives a vessel worksheet total of $105,000. A separately requested $4,000 tender limit remains separate. It is not automatically $109,000 of hull cover.

Questions for the insurer

  • Does the policy settle on agreed value or market value?
  • Are fitted electronics, sails and rig already included in the hull value?
  • Do tenders and personal effects share the vessel limit or have separate limits?
  • What valuation evidence is required and when must it be updated?

Save, download or print your results

These tools run on your device. Use Save on this device to keep a draft in this browser; saving is optional. Reset removes the saved draft. Download creates a text summary, and Print / save PDF opens your browser's print options. A saved worksheet is not an insurance application or confirmation of cover.

Frequently asked questions

Does this calculator value my yacht?

No. It organises your own evidence and amounts. It does not estimate market value, guarantee an accepted sum insured or calculate a premium.

Related guides

General information onlyThe information on sailboatinsurance.com.au is general educational information only. It may be wrong, incomplete or out of date, and you should not rely on it as a substitute for the current policy documents or professional advice. It does not take into account your objectives, financial situation or needs and is not personal financial product advice. Insurance cover depends on the actual policy wording, Product Disclosure Statement, certificate of insurance, endorsements, exclusions, limits, sub-limits and underwriting decisions that apply to your vessel. Always read the current policy documents before buying, renewing or changing cover. For legal, financial or insurance advice about your own circumstances, consider speaking with an appropriately licensed professional.