Insuring LM Glasfiber: cover and premium

sailing boats and sailing yachts · Denmark

LM (LM Vitesse 33) Glasfiber builds sailing boats and sailing yachts in Denmark. NAMMERT insures a LM 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.

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At a glance

Origin

Denmark

Class

sailing boats and sailing yachts

Typical sizes

9 to 16 m

Premium from

from €39 a year for liability

Worth knowing

LM 24

LM 27

LM 30 Mermaid

LM Glasfiber; cover, cost and conditions

From the sixties into the nineties, LM (LM Vitesse 33) built motor sailers between 7 and 9 metres in Denmark, compact yachts with a wheelhouse and a powerful engine, widely used as family boats in Denmark and northern Germany. They are comfortable, seaworthy boats with a long service life.

With a motor sailer both drives count towards the premium: sail area and engine output. On LM (LM Vitesse 33) boats the engine is often an old Sabb or Bukh diesel, still working, but spare parts are becoming scarce. For the agreed value this means that the replacement value of a comparable yacht is the yardstick, not the current market value. On these boats an engine replacement easily costs a third of the value of the boat.

Questions and answers

Frequent questions

What should be borne in mind with an old marine diesel?

For LM: Spare parts are becoming scarce and a replacement easily costs a third of the value of the

boat.

Engine damage caused by wear is not covered,

but do reflect the value of the engine in the agreed value.

The cover that fits

For LM: 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, LM included.

Insuring sailing boats and sailing yachts, every brand and every condition

Other builders in this class

Italia Yachts J/Boats Jongert Judel/Vrolijk Kelt / Gib’Sea King Marine Classic wooden boats Classic keelboats Koopmans Kraken Yachts Latitude 46 Linnekuhl MacGregor Malö Marieholm / Vindö Mat Yachts Matthiesen & Paulsen Maxi Mazury MB Metallbau Melges Michael Schmidt Yachtbau Moody More Boats

Directory of all makes from A to Z

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 LM.

Current wind force and direction for your waters are shown on the Home.

Series by LM, with value and cover

LM Mermaid 315 / 380

LM Mermaid 315 / 380 is a sailing yacht from LM (Denmark), built from 1980 to 2000,

and today changes hands at between €25,000 and €60,000.

LM 28 Motorsegler

LM 28 Motorsegler is a sailing yacht from LM (Denmark), built from 1978 to 1995,

and today changes hands at between €18,000 and €40,000.

LM 27 / 32 Motorsegler

Also a sailing yacht, built from 1975 to 2000, €25,000 to €80,000.

LM 24 / 30 (classic)

LM 24 / 30 (classic) is a sailing yacht from LM (Denmark), built from 1970 to 1995,

and today changes hands at between €12,000 and €65,000.

What this means for the cover

For the LM Mermaid 315 / 380, LM 28 Motorsegler,

LM 27 / 32 Motorsegler by LM 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 LM Mermaid 315 / 380, LM 28 Motorsegler, LM 27 / 32 Motorsegler by LM 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.

All series at a glance

The LM range in figures

These figures come from the model records we keep for LM: boat type, build years and length,

nothing estimated.

sailing yacht: 18 models, 1967 to 2005, mostly 8.1 to 10.3 m
sailing boat: 8 models, 1963 to 1987, 4.9 to 7.2 m
motorboat: 4 models, 1966 to 1986, 6.4 to 7.1 m

Which model was built when?

Sailing boat Motorboat RIBEach bar is one LM (LM Vitesse 33) model, running from its first to its last year of build. The colour shows the type of boat. Showing 24 of 30 models.

What does a used LM cost?

We hold today’s price ranges by year for 29 models by LM.

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
LM 16	1973 to 1977	€3,900 to €4,900
LM 21	1966 to 1976	€4,700 to €7,200
LM 21	1971 to 1983	€5,600 to €8,100
LM 21 MS	1975	€5,000 to €6,400
LM 22	1975 to 1983	€6,200 to €8,700
LM 23	1969 to 1977	€6,300 to €9,100
LM 23	1969 to 1976	€6,200 to €8,100
LM 24	1969 to 1984	€6,500 to €10,200
LM 26	1975 to 1986	€9,800 to €16,300
LM 27	1970 to 1989	€13,200 to €30,700
LM 28	1976 to 1995	€14,800 to €34,200
LM 30	1977 to 1992	€19,200 to €39,000
LM 32	1977 to 1991	€26,100 to €45,400
LM Vitesse 33	1988 to 1993	€26,800 to €42,700
Mermaid 270	1983 to 1990	€9,700 to €17,300
Mermaid 290	1985 to 1990	€18,800 to €29,100
Mermaid 315	1982 to 1990	€21,000 to €35,600
Mermaid 380	1986 to 1990	€41,800 to €57,700
Motorjolle 21	1970 to 1972	€6,000 to €7,900
Motorjolle 23	1970 to 1975	€7,100 to €9,600
Segeljolle 16	1969 to 1971	€3,400 to €4,700
Vitesse 33	1988 to 1991	€28,600 to €40,100
Vitesse 33 Cabrio	1990 to 1995	€31,000 to €47,000
Vitesse 35	1990 to 1998	€44,600 to €72,100
Vitesse 35 Vision	1991 to 1995	€41,700 to €59,000
Vitesse Cabrio 1025 DS	1999 to 2000	€45,800 to €72,200
Vitesse Cabrio 1025 ST	1997 to 2000	€51,900 to €72,200
Vitesse Cabrio 950 ST	2000	€37,300 to €47,500
Vitesse Vision 1025 DS	1997 to 1998	€42,500 to €56,200