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Insuring Magnum Marine: cover and premium

motor yachts · Italy

Magnum Marine builds motor yachts in Italy. NAMMERT insures a Magnum Marine 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

Italy

Class

motor yachts

Typical sizes

13 to 21 m

Premium from

from €49 a year for liability

Worth knowing

Magnum Marine; cover, cost and conditions

Fast offshore boats from Italy shape the range of Magnum Marine, with lengths from 13 to 21 metres. The Magnum 44 and 53 have been built since 1980, the 60 and 70 since 1990 and to this day, and the classics 27 and 35 were built from 1965 to 1990. The hulls come from the Don Aronow school.

With motor boats the engine power enters the premium as a factor of its own, alongside the type of boat, value, year of construction and cruising range. The brand plays no part. Please state the engine set-up in full so that the agreed value and the premium match the actual condition of the boat.

In the hull insurance there is no time window and no night-time clause. Full hull cover covers collision, grounding, vandalism and theft of parts including the outboard; compensation is paid on the agreed value with no deduction for depreciation (new for old), in the Premium tariff with no age limit.

Questions and answers

Frequent questions

How does a powerful engine set-up affect the premium?

For Magnum Marine: Engine power is one of the factors from which the premium results,

together with the type of boat, value, year of construction and cruising range.

The brand does not enter into it.

Are there restrictions on trips in darkness?

No, not for Magnum Marine either:

There is no time window and no night-time clause in the hull insurance.

What matters is solely the cruising range agreed in the policy.

The cover that fits

For Magnum Marine: 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, Magnum Marine included.

Insuring motor yachts, every brand and every condition

Other builders in this class

Hakvoort Hammermeister Heesen Hollandia Icon Yachts Ilver ISA Yachts Jachtwerf Kok Jeanneau Kadey-Krogen Linssen Lürssen Mangusta (Overmarine) Marlow Yachts Monte Carlo Yachts Moonen Neptunus Nidelv Nobiskrug Nordborg Nordhavn Oceanco Otam Palmer Johnson

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 Magnum Marine.

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

Series by Magnum Marine, with value and cover

Magnum 44 / 53

Magnum 44 / 53 is a motor yacht from Magnum Marine (Italy), built since 1980,

and today changes hands at between €290,000 and €1,200,000.

Magnum 60 / 70

Also a motor yacht, built since 1990, €890,000 to €2,600,000.

Magnum classic 27 / 35

Magnum classic 27 / 35 is a motorboat from Magnum Marine (Italy), built from 1965 to 1990,

and today changes hands at between €60,000 and €290,000.

What this means for the cover

As the Magnum 44 / 53 and Magnum 60 / 70 by Magnum Marine 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 Magnum classic 27 / 35 by Magnum Marine 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 Magnum 44 / 53, Magnum 60 / 70 by Magnum Marine 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 Magnum classic 27 / 35 by Magnum Marine series:

On a motorboat the drive is the single most valuable part.

Damage after grounding is covered, an engine failure from wear is not.

All series at a glance

The Magnum Marine range in figures

These figures come from the model records we keep for Magnum Marine: boat type,

build years and length, nothing estimated.

motor yacht: 15 models, since 1965, mostly 8.3 to 24 m
motorboat: 1 model, since 2016, 8.3 m

Which model was built when?

Sailing boat Motorboat RIBEach bar is one Magnum Marine model, running from its first to its last year of build. The colour shows the type of boat.

What does a used Magnum Marine cost?

We hold today’s price ranges by year for 10 models by Magnum Marine.

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
Magnum 27 Sedan	1974 to 1977	€70,400 to €89,600
Magnum 28 Maltese	1974 to 1977	€65,600 to €89,100
Magnum 35	1968 to 1975	€38,000 to €54,700
Magnum 38	1975 to 1983	€37,100 to €53,200
Magnum 44	2003 to 2009	€145,300 to €229,000
Magnum 44 Banzai	2015 to 2021	€263,700 to €577,600
Magnum 50	1978 to 2014	€75,500 to €400,700
Magnum 51 Bestia	2015 to 2021	€399,400 to €884,800
Magnum 56	2008 to 2009	€276,100 to €372,300
Maltese Magnum 25	1974 to 1976	€51,600 to €65,700