Insuring Nor-Tech: cover and premium
motorboats and sports boats · the USA
Nor-Tech builds motorboats and sports boats in the USA. NAMMERT insures a Nor-Tech 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
the USA
Class
motorboats and sports boats
Typical sizes
10 to 17 m
Premium from
from €49 a year for liability
Worth knowing
Nor-Tech; cover, cost and conditions
Nor-Tech builds fast centre consoles and catamarans from 10 to 17 metres in the USA. The 340 and 390 Sport ranges have been produced since 2005, the 450 and 560 Supercat since 2010, both to this day. Because the Nor-Tech catamarans reach high speeds, we record the registered engine power precisely.
Alongside power, the type of boat, value, year of construction and cruising range count. The brand itself never enters into the premium. You state races with scoring status when taking out cover so that they can be reviewed and included in the contract; club races are included from Basis-Plus upwards.
Third-party liability with a limit of indemnity of 10 to 50 million euros forms the basis, on which full hull cover with an agreed value builds and indemnifies with no deduction for depreciation. Up to a sum insured of 2.5 million euros you take out cover online, above that we review the individual case.
Questions and answers
Frequent questions
How do high speeds affect the contract?
For Nor-Tech: What is recorded is the engine power, not a speed achieved.
Along with the type of boat, value,
year of construction and cruising range it enters into the premium.
The brand has no influence.
What applies to races and competitions?
For Nor-Tech: Club races are included from the Basis-Plus tariff upwards.
You report races with scoring status when taking out cover so that we can review them and take
them into account in the contract.
The cover that fits
motorboat insurance
Tariffs, cover and FAQ for motorboat insurance in detail.
Third-party liability
The foundation for a boat from Nor-Tech: damage to third parties, worldwide,
from €49 a year for liability.
Hull cover
Partial or full hull cover for a Nor-Tech, at replacement value with an agreed fixed value.
For the whole class of boat
For Nor-Tech: 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, Nor-Tech 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 Nor-Tech.
Current wind force and direction for your waters are shown on the Home.
Series by Nor-Tech, with value and cover
Nor-Tech 340 / 390 Sport is a motorboat from Nor-Tech (the USA), built since 2005,
and today changes hands at between €190,000 and €480,000.
Nor-Tech 450 / 560 Supercat is a motor yacht from Nor-Tech (the USA), built since 2010,
and today changes hands at between €690,000 and €1,900,000.
As the Nor-Tech 340 / 390 Sport and Nor-Tech 450 / 560 Supercat by Nor-Tech 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 Nor-Tech 340 / 390 Sport by Nor-Tech 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 Nor-Tech 450 / 560 Supercat by Nor-Tech 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.
Models by Nor-Tech we insure
Each Nor-Tech 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.
Nor-Tech insured in five minutes.
Boat type, year built, length and value of your Nor-Tech are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
