Insuring Pendennis Shipyard: cover and premium
sailing boats and sailing yachts · the United Kingdom
Pendennis Shipyard builds sailing boats and sailing yachts in the United Kingdom. NAMMERT insures a Pendennis 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 United Kingdom
Class
sailing boats and sailing yachts
Typical sizes
9 to 16 m
Premium from
from €39 a year for liability
Worth knowing
Pendennis Shipyard; cover, cost and conditions
Pendennis in Falmouth builds sailing and motor yachts as one-offs and is at the same time one of the leading refit yards for large yachts, from the restoration of classic J-Class yachts to new builds. Both matter in insurance terms, because a refit fundamentally changes the value of a yacht.
After a substantial refit the old agreed value is wrong. Anyone who has the hull, rig, engine and interior renewed for a seven-figure sum has a different yacht afterwards, and needs a new survey and an adjusted agreed value. During the refit itself the following applies: time ashore and repair are included, but do discuss a stay at the yard lasting several years with us.
Questions and answers
Frequent questions
Do I have to adjust the sum insured after a refit?
Yes, for Pendennis too: absolutely.
A substantial refit fundamentally changes the value,
and with the old agreed value you are underinsured by the amount invested.
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 Pendennis: damage to third parties, worldwide,
from €39 a year for liability.
Hull cover
Partial or full hull cover for a Pendennis, at replacement value with an agreed fixed value.
For the whole class of boat
For Pendennis: 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, Pendennis 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 Pendennis.
Current wind force and direction for your waters are shown on the Home.
Series by Pendennis, with value and cover
Pendennis Segelyacht Neubau 40 to 60 m is a sailing yacht from Pendennis (the United Kingdom),
built since 2000,
and today changes hands at between €9,500,000 and €28,000,000.
Pendennis classic-Restaurierung is a sailing yacht from Pendennis (the United Kingdom),
built since 1995,
and today changes hands at between €1,900,000 and €12,000,000.
Pendennis Refit und Neubau 40 to 60 m is a motor yacht from Pendennis (the United Kingdom),
built since 1995,
and today changes hands at between €15,000,000 and €60,000,000.
As the Pendennis Segelyacht Neubau 40 to 60 m,
Pendennis classic-Restaurierung and Pendennis Refit und Neubau 40 to 60 m by Pendennis 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 Pendennis Segelyacht Neubau 40 to 60 m,
Pendennis classic-Restaurierung by Pendennis 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 Pendennis Refit und Neubau 40 to 60 m by Pendennis 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 Pendennis range in figures
These figures come from the model records we keep for Pendennis: boat type,
build years and length, nothing estimated.
- sailing yacht
- 2 models, 1988 to 2005, 39 to 64.9 m
- motor yacht
- 2 models, 1990 to 1999, 37.9 to 42 m
Which model was built when?
Pendennis insured in five minutes.
Boat type, year built, length and value of your Pendennis are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
