Home / Builders / Lyman-Morse Boatbuilding Inc.
Insuring Lyman-Morse Boatbuilding Inc.: cover and premium
sailing boats and sailing yachts · several countries
Lyman-Morse Boatbuilding Inc.: maine yard building sailing and motor yachts. NAMMERT insures a Lyman-Morse Boatbuilding Inc. 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
10,2 to 13,9 m
Premium from
from €39 a year for liability
Worth knowing
Lyman-Morse Boatbuilding Inc.; cover, cost and conditions
Lyman-Morse is based in Thomaston, Maine, on the St. George River. Its roots go back to 1912, when Charles A. Morse founded Morse Boatbuilding there; through the twentieth century the yard built Alden Malabar schooners, Friendship sloops and custom yachts. By the late seventies the business was close to shutting when boatbuilder Cabot Lyman asked to rent shop space. Instead the two formed a partnership, and Lyman-Morse came into being in 1978. The new yard made its name with traditional Maine lobster yachts and the Seguin line of sailing yachts, both around twelve metres. Today it is a family-owned yard turning out custom work from carbon catamarans to motor yachts.
Our model records list four designs, two sailing yachts and two motorboats, all starting in 2018 and running into the most recent build years. Among the sailing yachts, the e33 LM at 10.23 metres is the smallest design on the list and the LM 46 at 13.91 metres the largest. The motorboats are the Hood 35 LM at 10.39 metres and the Monhegan 42 Extended Cruiser at 12.8 metres, named after Monhegan Island off the Maine coast. The letters LM in the model names stand for Lyman-Morse. The range therefore runs from just over ten to just under fourteen metres, with nothing below ten metres.
Boats from a custom yard tend to differ from one to the next, so a used Lyman-Morse comes with its own build file rather than a standard specification, and that file is worth asking for. On the sailing yachts, check the age of the standing rigging, the keel attachment and the state of the deck hardware. On the Hood 35 LM and the Monhegan 42, look at engine hours, the shaft and the cooling system, and ask how the boat has spent its winters. New England boats often pass the cold months ashore in heated sheds, which is kind to varnish and gelcoat. A boat that has crossed the Atlantic since should show the same care in its logbook.
Questions and answers
Frequent questions
What do the letters LM stand for?
For Lyman-Morse Boatbuilding Inc.: Lyman-Morse.
They appear in the e33 LM, the LM 46 and the Hood 35 LM; the company name joins Charles A.
Morse's yard of 1912 with boatbuilder Cabot Lyman, who came on board in 1978.
Which is the largest Lyman-Morse design in the records?
For Lyman-Morse Boatbuilding Inc.: The LM 46 sailing yacht at 13.91 metres.
The largest motorboat is the Monhegan 42 Extended Cruiser at 12.8 metres,
and the smallest design is the e33 LM at 10.23 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 Lyman-Morse Boatbuilding Inc.: damage to third parties, worldwide,
from €39 a year for liability.
Hull cover
Partial or full hull cover for a Lyman-Morse Boatbuilding Inc.,
at replacement value with an agreed fixed value.
For the whole class of boat
For Lyman-Morse Boatbuilding Inc.:
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, Lyman-Morse Boatbuilding Inc.
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 Lyman-Morse
Boatbuilding Inc..
Current wind force and direction for your waters are shown on the Home.
Series by Lyman-Morse Boatbuilding Inc., build years and cover
e33 LM is a sailing yacht from Lyman-Morse Boatbuilding Inc., built since 2018.
Hood 35 LM is a motorboat from Lyman-Morse Boatbuilding Inc., built since 2018.
LM 46 is a sailing yacht from Lyman-Morse Boatbuilding Inc., built since 2018.
Monhegan 42 Extended Cruiser is a motorboat from Lyman-Morse Boatbuilding Inc., built since 2018.
As the e33 LM, Hood 35 LM, LM 46 by Lyman-Morse Boatbuilding Inc.
and 1 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 e33 LM, LM 46 by Lyman-Morse Boatbuilding Inc.
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 Hood 35 LM, Monhegan 42 Extended Cruiser by Lyman-Morse Boatbuilding Inc.
series: On a motorboat the drive is the single most valuable part.
Damage after grounding is covered, an engine failure from wear is not.
The Lyman-Morse Boatbuilding Inc. range in figures
These figures come from the model records we keep for Lyman-Morse Boatbuilding Inc.: boat type,
build years and length, nothing estimated.
- sailing yacht
- 2 models, since 2018, 10.2 to 13.9 m
- motorboat
- 2 models, since 2018, 10.4 to 12.8 m
Which model was built when?
What does a used Lyman-Morse Boatbuilding Inc. cost?
We hold today’s price ranges by year for 2 models by Lyman-Morse Boatbuilding Inc..
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 46 | 2021 to 2024 | €328,700 to €459,900 |
| Monhegan 42 Extended Cruiser | 2021 to 2024 | €248,400 to €336,600 |
Estimate from our boat records, October 2026.
Not a survey.
Lyman-Morse Boatbuilding Inc. insured in five minutes.
Boat type, year built, length and value of your Lyman-Morse Boatbuilding Inc.
are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
