Insuring Monark: cover and premium
boats of various types
Monark builds boats of various types. NAMMERT insures a Monark 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
boats of various types
Typical sizes
varies by model
Premium from
from €39 a year for a sailing boat, from €49 for a motorboat
Worth knowing
Monark; cover, cost and conditions
Two model ranges are listed under Monark, the 2308 C motorboat and the 3211 V motor yacht, both with build years from 1973 to 1980. Production lies far in the past. For boats from this period, full hull cover remains open in the Premium tariff with no age limit, with an agreed value as the basis.
The agreed value determines what is paid in the event of a claim, and there is no deduction for depreciation (new for old). Collision, grounding, vandalism and theft of parts including the outboard are covered. Limited hull cover carries fire, storm, lightning strike and the theft of the entire boat.
A boat from the 1970s often has several owners behind it. We insure regardless of the year of construction, the place of purchase and previous owners. If a dispute arises after the purchase, the legal expenses cover for water sports applies, which can be taken out together with the policy.
Questions and answers
Frequent questions
How high is the compensation for an old boat?
For Monark: It is based on the agreed value that has been agreed,
not on an estimated residual value.
There is no deduction for depreciation (new for old),
and in the Premium tariff no age limit applies either.
Does limited hull cover pay for storm damage at the berth?
For Monark: Storm is one of the limited hull cover perils, as are fire, lightning strike,
the theft of the entire boat and damage in winter storage.
The cover that fits
boat insurance
Tariffs, cover and FAQ for boat insurance in detail.
Third-party liability
The foundation for a boat from Monark: damage to third parties, worldwide,
from €39 a year for a sailing boat, from €49 for a motorboat.
Hull cover
Partial or full hull cover for a Monark, at replacement value with an agreed fixed value.
For the whole class of boat
Insuring a Monark: what matters depends less on the brand than on engine output,
how a claim is settled and the waters you sail.
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 Monark.
Current wind force and direction for your waters are shown on the Home.
Series by Monark, build years and cover
Monark 2308 C is a motorboat from Monark, built from 1973 to 1980.
Monark 3211 V is a motor yacht from Monark, built from 1973 to 1980.
For the Monark 2308 C and Monark 3211 V by Monark 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 Monark 2308 C by Monark series: On a motorboat the drive is the single most valuable part.
Damage after grounding is covered, an engine failure from wear is not.
For the Monark 3211 V by Monark 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 Monark range in figures
These figures come from the model records we keep for Monark: boat type, build years and length,
nothing estimated.
- motorboat
- 1 model, 1973 to 1980, 7.2 m
- motor yacht
- 1 model, 1973 to 1980, 9.9 m
Monark insured in five minutes.
Boat type, year built, length and value of your Monark are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
