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Insuring Far East Boat Builders
motor yachts · several countries
Far East Boat Builders builds motor yachts in several countries. NAMMERT insures boats of this make regardless of year built or where you bought them, liability, hull, legal expenses and personal accident cover from one house, taken out online in five minutes.
At a glance
Origin
several countries
Class
motor yachts
Typical sizes
Premium from
from €49 a year for liability
Worth knowing
Far East Boat Builders; cover, cost and conditions
From Far East Boat Builders the motor yacht Far East 40 with years of construction from 1990 to 1997 is on record. Anyone acquiring such a yacht today buys it used, often privately and without factory documents. For disputes after buying a used boat or with a yard we also offer legal expenses cover for watersports.
The boat insurance itself starts with third-party liability, with a limit of indemnity of 10 to 50 million euros in the levels Basis, Basis-Plus and Premium. The hull cover builds on that, in full hull cover with an agreed value and with no deduction for depreciation (new for old), and in the Premium tariff additionally with no age limit.
Previous owners and place of purchase play no part in taking out cover; we insure regardless of these and also regardless of the year of construction. If a contract is still running with another provider, NAMMERT cancels the old contract free of charge. The premium follows the type of boat, value, year of construction, engine output and cruising range.
Questions and answers
Frequent questions
Does the insurance help in a dispute after the purchase?
For that there is the legal expenses cover for watersports, which we also offer. It applies in disputes after buying a used boat or with a yard and supplements the boat and yacht insurance.
Does it matter where the yacht was bought?
No. We insure regardless of year of construction, place of purchase and previous owners. What matters is the type of boat, value, year of construction, engine output and cruising range, not the boat's origin.
The cover that fits
For the whole class of boat
What matters for motor yachts is the same across every brand; engine output, how a claim is settled, cruising range and theft protection. The class page lists every point and every brand in this class.
Other builders in this class
All makes by type of boat
motor yachts
Ohne Zuordnung
motorboats and sports boats
sailing boats and sailing yachts
dinghies and small craft
inflatables and RIBs
jet skis and boards
houseboats and electric boats
catamarans and multihulls
boat trailers
Katamarane & Trimarane
Nautical information What counts before you cast off, papers, equipment, waters
Licence
A powerboat licence (inland or coastal) is required from 15 hp (11.03 kW).
Registration
Registration from 3 hp; for trips abroad carry the boat certificate or flag document.
Waters
Inland, coastal and abroad; plan fairways, bridge clearances, draught and tides.
Equipment
Lifesaving gear, fire extinguisher, anchor, signalling equipment and correct navigation lights.
Cruising range
The agreed cruising range is stated in the policy and can be extended at any time.
Weather
Check wind force in Beaufort and wind direction before casting off, and allow for gusts.
General guidance, not a complete account; what governs are the rules of the waters you are on and your boat’s manual. Current wind force and direction for your waters are shown on the Home.
Series by Far East Boat Builders, build years and cover
Far East 40 is a motor yacht from Far East Boat Builders, built from 1990 to 1997.
For a series of this age there is no list price left. That is why we work with an agreed value: you state the figure, we agree it, and in a total loss exactly that amount is paid, with no deduction for wear.
On motor yachts the drive and the electronics together make up about half the value. Both belong in the valuation, otherwise the sum insured is too low.
Far East Boat Builders insured in five minutes.
Calculate the premium online, policy the same day, or call us: +49 3375 / 29 12 77.
