Beneteau First 38 insurance: calculate your premium
Model page, insured as a sailing yacht
For us the Beneteau First 38 (thirty-eight) is a sailing yacht. New or used, bought at home or abroad, one previous owner or five: liability, hull, legal expenses and personal accident cover are taken out online in one go, in about five minutes.
At a glance
- Make
- Beneteau
- Type of boat
- sailing yacht
- Length overall
- 11.75 m
- Built
- 1977 to 1990
Length from our boat catalogue for the 1977–1990 build years. Beam and engine are in your papers; what they record is what counts.
Premium, example
€1,073 a year
or €97 a month if paid monthly
Liability and hull · boat value €41,000 (market value) · built 1983 · North Sea, Baltic and Mediterranean
Finance, example
€376 a month
Purchase price €41,000 (market value) · 20% deposit · 10 years · 6.9% interest assumed
Worked example, not a finance offer. The lender decides on the rate and on approval.
Beneteau First 38: cover, cost and conditions
The premium for the Beneteau First 38 (thirty-eight) is not set by its model name. In the online calculator you give the type of boat, year, value, engine output and cruising area, and those five values make the price.
A year of cover for the Beneteau First 38 (thirty-eight) starts from €39 a year for a sailing boat, from €49 for a motorboat. For a Beneteau First 38 at the usual market value of €41,000 the premium is €1,073 a year: liability and hull in Basis-Plus, North Sea, Baltic and Mediterranean, about 95 m² of sail, hull excess €250, paid annually. Hull cover accounts for €954, liability for €119. Tariff as of 20.10.2026, your own boat may differ. The rest is set by hull cover and the value of the boat: partial cover for fire, storm, lightning, theft of the whole boat and winter storage, full cover also for collision, grounding, vandalism and theft of parts. If the boat is lost completely, we pay the agreed value, in Premium with no new-for-old deductions.
We also write the Beneteau First 38 (thirty-eight) when it was bought used, imported or ordered straight from the yard, with a berth at home or abroad. The international certificate of insurance, which you receive automatically, covers ten languages. A policy that starts before the handover covers transport and the first launch.
Not to be mixed up with its sisters: this is the Beneteau First 38, number thirty-eight.
What is a used Beneteau First 38 worth?
A used Beneteau First 38 built between 1980 and 1987 in average condition is typically worth
between €34,200 and €50,200 today.
Well kept boats with recent engines sit above that, boats with defects below.
| Year built | typical range | midpoint |
|---|---|---|
| 1987 | €39,400 to €50,200 | €44,800 |
| 1986 | €38,400 to €48,800 | €43,600 |
| 1985 | €37,200 to €47,300 | €42,200 |
| 1984 | €36,800 to €46,800 | €41,800 |
| 1983 | €35,600 to €45,400 | €40,500 |
| 1982 | €35,000 to €44,600 | €39,800 |
| 1981 | €34,200 to €43,500 | €38,800 |
| 1980 | €34,200 to €43,500 | €38,800 |
With agreed-value cover, the agreed sum counts after a total loss of your Beneteau First 38;
with actual-value cover, the value at the time.
Does your sum still fit?
Each extra year of age takes about 2% off the value of a Beneteau First 38.
Market today
For sale in October 2026
6
Typical asking price, 1984 boat
€42,400
Our value, 1984 boat
€41,800
Asking prices against our value
+1%
In October 2026 we found 6 boats of the Beneteau First 38 for sale.
Typical asking price for a 1984 Beneteau First 38: €42,400.
Our value for a Beneteau First 38 of that year: €41,800.
Asking prices and value of the Beneteau First 38 are close together.
What changes hands is usually less than the asking price.
Boats for sale now and how we rate them
How we rate the 8 boats of the Beneteau First 38 we found for sale most recently.
1987
Denmark
1984
international
1984
11.58 m, Denmark
1983
12.25 m, Belgium
1983
Germany
1982
11.50 m, United Kingdom
1991
Netherlands
year newer than our values
€44,500
Listing on scanboat.com ↗1990
11.70 m, United Kingdom
year newer than our values
€39,195
Listing on apolloduck.com ↗
As of October 2026.
Prices and details come from the listings.
Whether the boat is still for sale is shown in the listing.
Our assessment assumes average condition.
Estimate from our boat records, checked regularly against asking prices. As of October 2026. Not a survey.
Frequently asked
Does NAMMERT insure the Beneteau First 38?
Yes.
We accept a Beneteau First 38 (thirty-eight) like any other boat: type of boat, year, value,
engine output and cruising area decide, not the builder.
What does cover for a Beneteau First 38 cost?
Cover for the Beneteau First 38 (thirty-eight) starts from €39 a year for a sailing boat,
from €49 for a motorboat.
For a Beneteau First 38 at the usual market value of €41,000 the premium is €1,073 a year:
liability and hull in Basis-Plus, North Sea, Baltic and Mediterranean, about 95 m² of sail,
hull excess €250, paid annually.
Hull cover accounts for €954, liability for €119.
Tariff as of 20.10.2026, your own boat may differ and then depends on your entries.
The online calculator shows the exact amount in a few minutes, without contact details.
My model is spelled slightly differently, does this page still apply?
Yes.
What exactly the Beneteau First 38 (thirty-eight) is called often depends on the year and the
papers.
Take the name from your documents, the calculation uses the technical figures.
On a total loss, do I get the replacement value?
With full cover, yes.
The Beneteau First 38 (thirty-eight) is settled at the agreed value,
in Premium with no upper limit and no deduction for new-for-old.
Can I switch from my existing insurer?
Yes.
We cancel your existing contract for the Beneteau First 38 (thirty-eight) through the switching
service at no cost.
You pay only once it has run out and secure a permanent switching discount.
Other models by this make
Beneteau First 38 insured in five minutes.
Calculate your insurance premium online, policy the same day, or call us: +49 3375 / 29 12 77.
