Insuring CRN: cover and premium
motor yachts · Italy
CRN builds motor yachts in Italy. NAMMERT insures a CRN 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
Italy
Class
motor yachts
Typical sizes
9 to 18 m
Premium from
from €49 a year for liability
Worth knowing
CRN; cover, cost and conditions
CRN in Ancona builds one-off superyachts between 40 and 80 metres, in steel and aluminium, as part of the Ferretti Group. These are unique vessels with long build times and sums insured in the tens of millions.
In this segment the insurance is a programme, not a tariff: hull cover, liability for crew and guests, P&I, cruising range, charter operation and the deductible structure are negotiated individually and spread across several risk carriers. The calculator covers up to a sum insured of 2.5 million euros. For yachts of this class please contact us directly; we also review existing contracts against current market standards.
Questions and answers
Frequent questions
Why is a risk like this spread across several carriers?
For CRN: Because no single insurer carries a sum of this size alone.
The split is part of the underwriting and is negotiated case by case.
The cover that fits
motor yacht insurance
Tariffs, cover and FAQ for motor yacht insurance in detail.
Third-party liability
The foundation for a boat from CRN: damage to third parties, worldwide,
from €49 a year for liability.
Hull cover
Partial or full hull cover for a CRN, at replacement value with an agreed fixed value.
For the whole class of boat
For CRN: 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, CRN included.
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 CRN.
Current wind force and direction for your waters are shown on the Home.
Series by CRN, with value and cover
CRN 62 / 79 m is a motor yacht from CRN (Italy), built since 2010,
and today changes hands at between €18,000,000 and €45,000,000.
CRN Refit und Umbau is a motor yacht from CRN (Italy), built since 1995,
and today changes hands at between €2,800,000 and €14,000,000.
CRN 50 to 70 m Custom is a motor yacht from CRN (Italy), built since 2000,
and today changes hands at between €30,000,000 and €90,000,000.
Custom Motoryacht 40 to 80 m is a motor yacht from CRN (Italy), built since 1990,
and today changes hands at between €16,000,000 and €90,000,000.
CRN Custom 50 to 80 m is a motor yacht from CRN (Italy), built since 2005,
and today changes hands at between €35,000,000 and €120,000,000.
As the CRN 62 / 79 m, CRN Refit und Umbau,
CRN 50 to 70 m Custom by CRN and 2 more series are still in production,
parts are available and repair costs are predictable.
Even so, value it at replacement cost including retrofitted electronics, not at list price.
For the CRN 62 / 79 m, CRN Refit und Umbau, CRN 50 to 70 m Custom by CRN and further series:
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.
CRN insured in five minutes.
Boat type, year built, length and value of your CRN are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
