Insuring Fr. Fassmer: cover and premium
motor yachts · Germany
Fr. Fassmer builds motor yachts in Germany. NAMMERT insures a Fassmer 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
Germany
Class
motor yachts
Typical sizes
9 to 18 m
Premium from
from €49 a year for liability
Worth knowing
Fr. Fassmer; cover, cost and conditions
Fassmer in Berne on the Weser builds government vessels, rescue boats and custom-built yachts, a yard focused on technically demanding one-off builds. Yachts from this production are unique pieces, often with special equipment for particular purposes.
With custom builds, determining the value is the real work: there is no comparable price, and the equipment is often a larger block of value than the hull. A valuation report that records hull, machinery, equipment and special fittings separately is the basis of an agreed value. If the yacht is used commercially or by a public authority, the type of use belongs expressly in the contract, otherwise there is no cover for damage occurring during such use.
Questions and answers
Frequent questions
How is a custom build valued?
For Fassmer: By means of a report that records hull, machinery,
equipment and special fittings separately.
With custom builds the equipment is often more valuable than the hull.
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 Fassmer: damage to third parties, worldwide,
from €49 a year for liability.
Hull cover
Partial or full hull cover for a Fassmer, at replacement value with an agreed fixed value.
For the whole class of boat
For Fassmer: 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, Fassmer 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 Fassmer.
Current wind force and direction for your waters are shown on the Home.
Series by Fassmer, with value and cover
Fassmer Lotsen- und Behördenboote is a motor yacht from Fassmer (Germany), built since 1990,
and today changes hands at between €690,000 and €4,800,000.
Fassmer Rettungsboote und Davits is a motorboat from Fassmer (Germany), built since 1980,
and today changes hands at between €90,000 and €690,000.
Fassmer workboats and special craft is a motor yacht from Fassmer (Germany), built since 1990,
and today changes hands at between €320,000 and €3,500,000.
Custom Motoryacht / one-off build is a motor yacht from Fassmer (Germany), built since 1990,
and today changes hands at between €2,400,000 and €32,000,000.
Fassmer Rettungs- und Arbeitsboote is a motorboat from Fassmer (Germany), built since 1990,
and today changes hands at between €145,000 and €880,000.
As the Fassmer Lotsen- und Behördenboote, Fassmer Rettungsboote und Davits,
Fassmer workboats and special craft by Fassmer 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 Fassmer Lotsen- und Behördenboote, Fassmer workboats and special craft,
Custom Motoryacht / one-off build by Fassmer 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.
For the Fassmer Rettungsboote und Davits by Fassmer series:
On a motorboat the drive is the single most valuable part.
Damage after grounding is covered, an engine failure from wear is not.
Fassmer insured in five minutes.
Boat type, year built, length and value of your Fassmer are all we need.
Work out the premium online or call us: +49 3375 29 12 77.