We transited the Canal
a couple of years ago and at least at that time there was no requirement to carry insurance. Crossing the Pacific (but not the Galapagos) we did not have a single
request for any insurance other than health insurance
. That includes the Milk Run places FP, Cooks, Tonga
. Never entered a marina in any of those places.
NZ and Australia
did not need insurance (but check this, I recall
having seen some changes to requirements) for entry, but every marina in both countries required third-party liability cover (in Australia
it was quite common to have a AUD$10million
requirement - had to get a special rider). If you will spend an entire off season in either NZ or Australia your best option is probably to get local cover. We did in both places and even though we only used it for ~6 months it was less expensive than paying for international cover.
Your choice with regard to risk level and whether or not you can go without, but our general experience was that it was not required by anyone other than marinas
, and then only third-party liability coverage.