Insuring Progress: cover and premium
motor yachts · several countries
Progress builds motor yachts in several countries. NAMMERT insures a Progress 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
motor yachts
Typical sizes
Premium from
from €49 a year for liability
Worth knowing
Progress; cover, cost and conditions
For the Progress brand one motor yacht range is recorded, the Seeadler IV with years of construction from 1966 to 1975. No further details are available, and we add nothing. For the contract what counts in any case is the data of your boat: type of build, value, year of construction, engine power and cruising range.
Third-party liability stands at the beginning with a limit of indemnity of 10 to 50 million euros, graded into Basis, Basis-Plus and Premium. It applies when third-party property is damaged in the harbour or in the fairway. You choose the amount with the tariff level, regardless of the age of the yacht.
For the yacht itself we set an agreed value, paid out with no deduction for depreciation and in the Premium tariff with no age limit. Cover also applies in winter storage, during craning and during launching. A year of construction of 1966 is therefore no reason for a rejection.
Questions and answers
Frequent questions
What liability limit can be chosen?
For Progress: There is a choice of 10 to 50 million euros, depending on the tariff level Basis,
Basis-Plus or Premium.
Higher amounts also cover serious damage to third-party property.
What happens in the event of a total loss?
For Progress: Then the agreed value applies.
It is paid with no deduction for depreciation,
and in the Premium tariff full hull cover applies with no age limit for the year of construction.
The cover that fits
motor yacht insurance
Tariffs, cover and FAQ for motor yacht insurance in detail.
Third-party liability
The foundation for a boat from Progress: damage to third parties, worldwide,
from €49 a year for liability.
Hull cover
Partial or full hull cover for a Progress, at replacement value with an agreed fixed value.
For the whole class of boat
For Progress: 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, Progress included.
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 Progress.
Current wind force and direction for your waters are shown on the Home.
Series by Progress, build years and cover
Seeadler IV is a motor yacht from Progress, built from 1966 to 1975.
For the Seeadler IV by Progress 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 Seeadler IV by Progress 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.
What does a used Progress cost?
We hold today’s price ranges by year for 1 models by Progress.
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 |
|---|---|---|
| Seeadler IV | 1969 to 1972 | €16,600 to €27,100 |
Estimate from our boat records, October 2026.
Not a survey.
Progress insured in five minutes.
Boat type, year built, length and value of your Progress are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
