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Insuring Sole Power Boats: cover and premium
motor yachts · several countries
Sole Power Boats builds motor yachts in several countries. NAMMERT insures a Sole Power Boats 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
Sole Power Boats; cover, cost and conditions
The SP 35 has been built since 2022 and continues to the present day, and it is the only model range on record, a motor yacht. No further models are available. With a current model the question is usually how quickly cover is in place, and up to a sum insured of 2.5 million euros you take out the policy with NAMMERT online.
If the value is above that, we assess the individual case. If you bring an existing policy with you, NAMMERT cancels the previous policy free of charge through the switching service. Third-party liability with a limit of indemnity of 10 to 50 million euros comes first, in the levels Basis, Basis-Plus and Premium.
For a new boat the agreed value is just as important as for an old one: full hull cover compensates on that basis with no deduction for depreciation (new for old) and covers collision, grounding, vandalism and theft of parts including the outboard. Permanently installed electronics belong in the schedule.
Questions and answers
Frequent questions
How quickly is cover in place for a new boat?
For Sole Power Boats: Up to a sum insured of 2.5 million euros the policy is taken out online.
Through the switching service NAMMERT cancels an existing previous policy free of charge,
so that no gap arises.
Why is the agreed value important for new boats as well?
For Sole Power Boats: Because it fixes the compensation amount in advance.
Full hull cover then pays on that basis with no deduction for depreciation (new for old),
in the Premium tariff without any age limit for the boat.
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 Sole Power Boats: damage to third parties, worldwide,
from €49 a year for liability.
Hull cover
Partial or full hull cover for a Sole Power Boats, at replacement value with an agreed fixed value.
For the whole class of boat
For Sole Power Boats: 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, Sole Power Boats 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 Sole Power Boats.
Current wind force and direction for your waters are shown on the Home.
Series by Sole Power Boats, build years and cover
SP 35 is a motor yacht from Sole Power Boats, built since 2022.
As the SP 35 by Sole Power Boats 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 SP 35 by Sole Power Boats 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.
Sole Power Boats insured in five minutes.
Boat type, year built, length and value of your Sole Power Boats are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
