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Insuring Formosa Boat Building Company: cover and premium
sailing boats and sailing yachts · several countries
Formosa Boat Building Company: taiwanese sailing yacht builder. NAMMERT insures a Formosa Boat Building Company 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
sailing boats and sailing yachts
Typical sizes
9 to 20,7 m
Premium from
from €39 a year for liability
Worth knowing
Formosa Boat Building Company; cover, cost and conditions
Formosa Boat Building Company was set up in 1969 in Kaohsiung, the port city in southern Taiwan, and built fibreglass sailing yachts, largely for export. Several of its designs came from American naval architects, among them Robert Perry and William Garden. The naming is easy to read: Formosa followed by a number that roughly gives the length in feet, so a Formosa 41 is a little over twelve metres. The Formosa Klipper line follows the same pattern.
Our model records list 25 Formosa models, 23 sailing yachts and two motor yachts, with model years from 1969 to 1999 and none still in production. Lengths run from 9.0 to 20.7 metres, and half of the models sit between 11.4 and 15.5 metres. The numbered range starts with the Formosa 30 at 9.0 metres and climbs through the 41 and 46 to the Formosa 68 at 20.4 metres and the 68 Ketch at 20.7 metres. Seven Klipper models, built from 1974 to 1983, span 10.1 to 16.4 metres, and the Formosa 12 and a motor version of the 42 add two motor yachts of around 12.5 metres.
Most Formosas afloat today are well into their second or third ownership and many have been refitted for long passages. Value depends less on the badge than on what has been renewed: the engine, standing rigging, sails, deck hardware and electronics, and the condition of the hull and teak. On the larger ketches the rig and the interior joinery account for a good share of what a buyer pays.
Questions and answers
Frequent questions
What does the number in a Formosa model name stand for?
For Formosa Boat Building Company: It roughly gives the length in feet.
A Formosa 41 is about 12.3 metres long,
a Formosa 51 about 15.5 metres and the Formosa 68 about 20.4 metres.
Where were Formosa yachts built?
For Formosa Boat Building Company: In Kaohsiung, Taiwan,
where the yard was founded in 1969 to build fibreglass sailing yachts.
Our records hold 25 models from 1969 to 1999, between 9.0 and 20.7 metres.
The cover that fits
sailing yacht insurance
Tariffs, cover and FAQ for sailing yacht insurance in detail.
Third-party liability
The foundation for a boat from Formosa Boat Building Company: damage to third parties, worldwide,
from €39 a year for liability.
Hull cover
Partial or full hull cover for a Formosa Boat Building Company,
at replacement value with an agreed fixed value.
For the whole class of boat
For Formosa Boat Building Company:
What matters for sailing boats and sailing 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,
Formosa Boat Building Company included.
Insuring sailing boats and sailing yachts, 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 Formosa Boat Building
Company.
Current wind force and direction for your waters are shown on the Home.
Series by Formosa Boat Building Company, build years and cover
Formosa 68 Ketsch is a sailing yacht from Formosa Boat Building Company, built from 1993 to 1999.
Formosa 42 is a sailing yacht from Formosa Boat Building Company, built from 1982 to 1995.
Formosa 42 is a motor yacht from Formosa Boat Building Company, built from 1978 to 1995.
Also a sailing yacht, built from 1976 to 1995.
Also a sailing yacht, built from 1969 to 1995.
Also a sailing yacht, built from 1978 to 1992.
Also a sailing yacht, built from 1979 to 1992.
Also a sailing yacht, built from 1984 to 1992.
Also a sailing yacht, built from 1977 to 1991.
Also a sailing yacht, built from 1979 to 1991.
Also a sailing yacht, built from 1984 to 1991.
Also a sailing yacht, built from 1980 to 1991.
Also a sailing yacht, built from 1984 to 1991.
Also a sailing yacht, built from 1984 to 1991.
Formosa Klipper 41 is a sailing yacht from Formosa Boat Building Company, built from 1974 to 1991.
Also a sailing yacht, built from 1972 to 1990.
Also a sailing yacht, built from 1977 to 1989.
Also a sailing yacht, built from 1977 to 1987.
Also a motor yacht, built from 1978 to 1985.
Also a sailing yacht, built from 1976 to 1983.
Also a sailing yacht, built from 1976 to 1983.
Also a sailing yacht, built from 1974 to 1983.
Also a sailing yacht, built from 1974 to 1983.
Also a sailing yacht, built from 1974 to 1981.
Also a sailing yacht, built from 1974 to 1981.
For the Formosa 68 Ketsch, Formosa 42,
Formosa 47 by Formosa Boat Building Company and 21 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 Formosa 68 Ketsch, Formosa 42,
Formosa 47 by Formosa Boat Building Company and further 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 Formosa 42, Formosa 12 by Formosa Boat Building Company 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.
The Formosa Boat Building Company range in figures
These figures come from the model records we keep for Formosa Boat Building Company: boat type,
build years and length, nothing estimated.
- sailing yacht
- 23 models, 1969 to 1999, mostly 10.4 to 19.8 m
- motor yacht
- 2 models, 1978 to 1995, 12.2 to 12.7 m
Which model was built when?
What does a used Formosa Boat Building Company cost?
We hold today’s price ranges by year for 13 models by Formosa Boat Building Company.
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 |
|---|---|---|
| Formosa 12 | 1981 to 1982 | €48,700 to €63,400 |
| Formosa 30 | 1980 to 1984 | €21,200 to €29,700 |
| Formosa 34 | 1980 to 1988 | €29,100 to €45,500 |
| Formosa 36 | 1980 to 1986 | €36,500 to €54,300 |
| Formosa 41 | 1975 to 1987 | €72,900 to €100,900 |
| Formosa 42 | 1985 to 1992 | €75,900 to €108,200 |
| Formosa 42 | 1992 | €86,200 to €109,800 |
| Formosa 44 | 1988 | €88,300 to €112,400 |
| Formosa 46 | 1986 | €93,600 to €119,100 |
| Formosa 47 | 1979 to 1992 | €88,600 to €130,500 |
| Formosa 51 | 1977 to 1992 | €131,300 to €210,100 |
| Formosa 56 | 1988 to 1989 | €153,200 to €198,600 |
| Formosa Klipper 41 | 1977 to 1988 | €72,900 to €102,700 |
Estimate from our boat records, October 2026.
Not a survey.
Formosa Boat Building Company insured in five minutes.
Boat type, year built, length and value of your Formosa Boat Building Company are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
