Insuring Cormorant: cover and premium
motorboats and sports boats · several countries
Cormorant builds motorboats and sports boats in several countries. NAMMERT insures a Cormorant regardless of year built or where you bought it, liability, hull, legal expenses and personal accident cover from one house, taken out online in five minutes.
At a glance
Origin
several countries
Class
motorboats and sports boats
Typical sizes
Premium from
from €49 a year for liability
Worth knowing
Cormorant; cover, cost and conditions
Four ranges are recorded: Day Boat 550, Eden Cabin Cruiser and Leader 460 as motor boats as well as the Challenger Scout as a sailing yacht, with years of build between 1970 and 1978. Production lies in the past, but cover is nevertheless provided regardless of the year of build, the place of purchase and previous owners.
Motor boat and sailing yacht under one name mean two ways of calculating: for the motor boat the engine power counts, for the sailing yacht the sail area. Added to this are the type of boat, value, year of build and cruising range. Legal expenses cover is also offered alongside the boat insurance.
The basis remains third-party liability with a limit of indemnity of 10 to 50 million euros, supplemented by limited hull cover or full hull cover. Full hull cover works with an agreed value and settles claims with no deduction for depreciation ("new for old"). Cover also applies in winter storage, during craning, during launching and on the transport route.
Questions and answers
Frequent questions
Is the Challenger Scout calculated differently from a Day Boat 550?
Yes, for Cormorant too: For the sailing yacht the sail area counts,
for the motor boat the engine power.
The type of boat, value, year of build and cruising range are taken into account in both cases,
the name of the yard never.
Is there anything else to choose besides third-party liability and hull insurance?
For Cormorant: Legal expenses cover is offered alongside the boat insurance,
as is the switching service for moving from an existing contract.
The boat trailer is covered by the third-party liability at no extra premium from Basis-Plus,
provided it is named in the application with its value.
You can add it to the hull cover for a premium.
The cover that fits
motorboat insurance
Tariffs, cover and FAQ for motorboat insurance in detail.
Third-party liability
The foundation for a boat from Cormorant: damage to third parties, worldwide,
from €49 a year for liability.
Hull cover
Partial or full hull cover for a Cormorant, at replacement value with an agreed fixed value.
For the whole class of boat
For Cormorant: What matters for motorboats and sports boats 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, Cormorant included.
Insuring motorboats and sports boats, every brand and every condition
Other builders in this class
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 the manual of your Cormorant.
Current wind force and direction for your waters are shown on the Home.
Series by Cormorant, build years and cover
Challenger Scout is a sailing yacht from Cormorant, built from 1970 to 1978.
Day Boat 550 is a motorboat from Cormorant, built from 1970 to 1977.
Eden Cabin Cruiser is a motorboat from Cormorant, built from 1970 to 1977.
Leader 460 is a motorboat from Cormorant, built from 1970 to 1977.
For the Challenger Scout, Day Boat 550,
Eden Cabin Cruiser by Cormorant and 1 more series 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.
For the Challenger Scout by Cormorant series:
On sailing yachts the rig and the underwater hull are the expensive parts:
a dismasting quickly costs a quarter of the boat,
and osmosis counts as wear and is covered by no hull policy.
For the Day Boat 550, Eden Cabin Cruiser, Leader 460 by Cormorant series:
On a motorboat the drive is the single most valuable part.
Damage after grounding is covered, an engine failure from wear is not.
The Cormorant range in figures
These figures come from the model records we keep for Cormorant: boat type,
build years and length, nothing estimated.
- motorboat
- 3 models, 1970 to 1977, 4.6 to 6.4 m
- sailing yacht
- 1 model, 1970 to 1978, 7.2 m
Which model was built when?
What does a used Cormorant cost?
We hold today’s price ranges by year for 2 models by Cormorant.
The table shows what boats in average condition are worth,
from the oldest to the youngest year on record.
Choose your exact model, year and condition in the calculator.
| Model | Years built | Range today |
|---|---|---|
| Eden Cabin Cruiser | 1973 to 1974 | €15,300 to €19,600 |
| Leader 460 | 1973 to 1974 | €8,800 to €11,300 |
Estimate from our boat records, October 2026.
Not a survey.
Cormorant insured in five minutes.
Boat type, year built, length and value of your Cormorant are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
