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Insuring Silver Yachts: cover and premium
motor yachts · Australia
Silver Yachts builds motor yachts in Australia. NAMMERT insures a Silver Yachts 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
Australia
Class
motor yachts
Typical sizes
35 to 85 m
Premium from
from €49 a year for liability
Worth knowing
Silver Yachts; cover, cost and conditions
Silver Yachts builds lightweight aluminium yachts in Australia with an unusually long range, in sizes from thirty-five to eighty-five metres. Not to be confused with the Finnish brand Silver, which builds sports boats under ten metres. When making your selection in the calculator, the type of boat is the reliable distinction.
For vessels of this size, underwriting is always assessed case by case. Our online cover ends at a sum insured of 2.5 million euros; above that we speak personally and draw up the contract together. For a vessel of this class that is the usual route, not the exception.
A long range means large cruising areas, which puts the question of the cruising range at the centre. Ocean passages, remote anchorages and long legs with no yard nearby change every calculation, including the one for salvage and wreck removal. These items belong expressly in the contract, not in a footnote.
Questions and answers
Frequent questions
Does NAMMERT insure yachts of this size online?
For Silver Yachts: Up to a sum insured of 2.5 million euros, yes.
Above that we assess case by case and draw up the contract personally; please call us for that.
How is the cruising range defined for an explorer?
For Silver Yachts: According to the route you actually intend to sail.
Worldwide navigation is possible but has to be agreed before casting off.
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 Silver Yachts: damage to third parties, worldwide,
from €49 a year for liability.
Hull cover
Partial or full hull cover for a Silver Yachts, at replacement value with an agreed fixed value.
For the whole class of boat
For Silver Yachts: 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, Silver Yachts 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 Silver Yachts.
Current wind force and direction for your waters are shown on the Home.
Series by Silver Yachts, with value and cover
Silver Fast / Silver Loft 77 m is a motor yacht from Silver Yachts (Australia), built since 2010,
and today changes hands at between €18,000,000 and €42,000,000.
Silver Wind / Silver Cloud 45 m is a motor yacht from Silver Yachts (Australia),
built from 2005 to 2020,
and today changes hands at between €7,500,000 and €16,000,000.
As the Silver Fast / Silver Loft 77 m by Silver Yachts series is 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 Silver Wind / Silver Cloud 45 m by Silver Yachts series the market value and the
replacement cost often differ widely.
An agreed value removes the age-based scale, and the figure in the policy stands.
For the Silver Fast / Silver Loft 77 m, Silver Wind / Silver Cloud 45 m by Silver Yachts 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.
Silver Yachts insured in five minutes.
Boat type, year built, length and value of your Silver Yachts are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
