Insuring Korad: cover and premium
motorboats and sports boats
Korad builds motorboats and sports boats. NAMMERT insures a Korad 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
various
Class
motorboats and sports boats
Typical sizes
varies by model
Premium from
from €49 a year for liability
Worth knowing
Korad; cover, cost and conditions
This brand offers motor boats and sports boats, but no model ranges are recorded for it. Insured with us are boats of the Cruiser line, an AMS-Skalar 525 and an AMS-Scalar 550. Besides the type of boat, value, year of construction and engine power, what counts for the premium above all is the cruising range and its limits.
Inland waters and coastal waters are rated differently in the contract. If you change or extend your cruising area, report this before the season so that the cover matches it. The international certificate of insurance is provided automatically in ten languages and is required in many harbours.
Third-party liability with a limit of indemnity of 10 to 50 million euros is available in the Basis, Basis-Plus and Premium levels. Full hull cover adds collision, grounding, vandalism and theft of parts including the outboard, works with an agreed value and pays out with no deduction for depreciation (new for old).
Questions and answers
Frequent questions
Does the premium change when moving from inland waters to the coast?
For Korad: The cruising range is one of the factors alongside type of boat, value,
year of construction and engine power.
You agree an extension to coastal waters in advance so that the scope is established in the event
of a claim.
Is proof of insurance required abroad?
For Korad: In many cruising areas, yes.
You receive the international certificate of insurance automatically in ten languages,
so that a Cruiser of this brand can also be presented outside its home waters.
The cover that fits
motorboat insurance
Tariffs, cover and FAQ for motorboat insurance in detail.
Third-party liability
The foundation for a boat from Korad: damage to third parties, worldwide,
from €49 a year for liability.
Hull cover
Partial or full hull cover for a Korad, at replacement value with an agreed fixed value.
For the whole class of boat
For Korad: 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, Korad 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 Korad.
Current wind force and direction for your waters are shown on the Home.
Models by Korad we insure
Each Korad model has its own page with cover, cost and the points that matter for that boat.
Your model not listed?
We insure it all the same.
Korad insured in five minutes.
Boat type, year built, length and value of your Korad are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
