Vessels
An older boat's records matter more than a fresh interior
For a used Lagoon 380, assemble a timeline of major work rather than describing the boat simply as refurbished. A replacement engine, new upholstery and renewed rigging are different kinds of evidence. Record what was changed, when, by whom and which original systems remain. Missing history should be identified before an insurer asks for it, especially where the survey recommends further investigation.
Insurance terms to clarify for this scenario
Compare a maintenance budget with the proposed insurance cover without merging the two. Routine renewal of old equipment should not be described as a future insurance claim. Ask how a later accidental loss involving older sails or machinery would be settled, and whether age-related conditions require further evidence. A recently replaced component should have its own invoice; its age need not be assumed to match the hull.
Compare like-for-like quotes
For this Lagoon 380, keep the proposed value, home berth, skipper details and cruising area consistent across enquiries. Record any differences in excesses, settlement basis, exclusions and outstanding conditions. A quote is not directly comparable if it assumes different use or omits an unresolved survey finding. Ask for the final schedule and endorsements, not just a premium figure, before deciding whether the offered cover matches the proposal.
Documents and questions to prepare
- Hull year and a dated timeline of major replacements.
- Rig inspection or replacement evidence requested by the insurer.
- Separate machinery condition records and unresolved survey findings.
- Policy wording for older components and partial replacement.
Worked ownership scenario
Two Lagoon 380s have similar asking prices. One has dated machinery and rig records; the other has an attractive refit description but little evidence. The buyer requests separate insurance terms using each boat's documents, rather than assuming equal prices imply equal insurability.
Turn the guide into a written insurance brief
Record the hull identification number, build year, exact version, propulsion, equipment and any previous repairs before requesting terms. Keep the purchase price distinct from the requested insured value and explain the evidence for that value. Send each insurer the same current facts. If a survey or repair is still pending, ask what cover can begin now, what is excluded and what evidence is needed to change the terms.
Record the policy wording and unanswered questions
Use the comparison worksheet to keep each requirement beside its document reference. Leave an item unresolved until the insurer has answered it.
Frequently asked questions
Does a recent refit make a Lagoon 380 equivalent to a new boat?
No. Identify which systems were replaced and which remain original. A refit can improve the evidence file, but it does not establish the age or condition of every component or remove policy conditions.
Can this guide quote a premium for my Lagoon 380?
No. It supplies preparation questions, not insurer pricing. Request current terms using the boat's actual value, history, location and use, and compare cover conditions alongside the premium.
Sources and scope
Manufacturer links support identification and design context. Australian insurer document libraries are starting points for checking policy wording, not evidence of acceptance of this boat or activity. The checklists and examples are editorial guidance. Use the PDS version, schedule and endorsements that apply to your own policy; this guide does not rank insurers or provide an individual insurance recommendation.
Related guides
- Catamaran Insurance Guides by Brand, Model and Topic
- Lagoon Catamaran Insurance Australia
- Catamaran Rig Replacement and Insurance
- Catamaran Partial-Loss Depreciation and Betterment
- Boat Insurance Quote Preparation Checklist