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Insuring Power Marine Inc.
motor yachts · several countries
Power Marine Inc. 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
Power Marine Inc.; cover, cost and conditions
Ten to fifty million euros of limit of indemnity are available in third-party liability, graded across Basis, Basis-Plus and Premium. From Power Marine Inc. we know the motor yacht Ocean Runner, built between 2005 and 2012. The same structure applies to it as to any other motor yacht.
No further model ranges are available to us, nor any details on the size or the programme of the yard. The premium follows the type of boat, value, year of construction, engine power and cruising range. Up to a sum insured of 2.5 million euros you take out the policy online; above that we assess the individual case.
Limited hull cover and full hull cover build on third-party liability. Full hull cover covers collision, grounding, vandalism and theft of parts including the outboard, with an agreed value and with no deduction for depreciation (new for old). Winter storage, craning and launching are included.
Questions and answers
Frequent questions
Why is third-party liability the basis of the contract?
Because damage to third parties can reach the largest sums. It covers with 10 to 50 million euros, while limited hull cover and full hull cover additionally protect your own boat.
Which types of damage fall under full hull cover?
Collision, grounding, vandalism and theft of parts including the outboard, plus the risks of limited hull cover. Compensation follows the agreed value with no deduction for depreciation (new for old).
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 Power Marine Inc., build years and cover
Ocean Runner is a motor yacht from Power Marine Inc., built from 2005 to 2012.
For a series built in these years the market value and the replacement cost often differ widely. An agreed value removes the age-based scale, and the figure in the policy stands.
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.
Power Marine Inc. insured in five minutes.
Calculate the premium online, policy the same day, or call us: +49 3375 / 29 12 77.
