Nothing on your boat is covered unless u can lock it up. I don't know of to many trailer boats that u can lock up. at a guess that would probable be about 70 percent of there market they are telling are covered but really are not. thought about taking it further but i have no fishing rods and can't wait for it to be finalised. Imagine all the kingys i could miss waiting for them to make there minds up. Rang NRMA to get a quote asked for fishing gear to be covered, without me even prompting them they ask if u can lock the boat up. I said no they said WE WILL NOT COVER ANYTHING ON THE BOAT. No grey area there and they don't even claim to be marine specialists. if only we got that sort of service from the specialists when asked the same question twice, i might add. And am still scratching my head as to the fact u are covered if u lose your fishing gear but not if they are stolen. If something is stolen off you then you have lost it. More grey area... .