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Insuring Summit Yachts: cover and premium
sailing boats and sailing yachts · several countries
Summit Yachts: builder of cruiser-racer sailing yachts. NAMMERT insures a Summit 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
several countries
Class
sailing boats and sailing yachts
Typical sizes
10,7 to 17,8 m
Premium from
from €39 a year for liability
Worth knowing
Summit Yachts; cover, cost and conditions
Summit Yachts was founded by George Carabetta and Barry Carroll. Carroll was already known for Carroll Marine, the yard behind the Mumm 30 and the Farr 40. The brand's first boat traces back to the King 40, a Mark Mills design built by King Marine in Argentina, which became the Summit 40 when it went into series production. It was conceived as a true dual-purpose cruiser-racer: quick enough for IRC racing, offshore or around the cans, yet with a cockpit and interior suited to relaxed family sailing. The design brief explains the look: high form stability, a swept spreader rig with non-overlapping jibs and masthead kites, and a lead bulb on a cast iron fin with a high aspect rudder.
Our model records list five designs: four sailing yachts and one motor yacht. The earliest is the Summit md35 from 2006 at 10.67 metres, followed by the Summit 40 from 2007 at 12.11 metres, the Summit 35 from 2009 at 10.7 metres and the Summit 45 from 2010 at 13.87 metres. All four sailing yachts are recorded up to 2020. The Summit 54 is filed as a motor yacht of 17.83 metres, listed from 2016, and is the only line that reaches the most recent build years. The sailing yachts therefore span just under 10.7 to just under 13.9 metres, the size where club racing and cruising meet.
A cruiser-racer that has been raced hard needs a careful look before purchase. Ask for the race history and the IRC certificates, check the keel bolts and the joint between fin and hull for signs of a grounding, and have the rig surveyed, paying attention to spreader roots, chainplates and the masthead fittings that carry the kites. Count the sail wardrobe: a racing inventory wears out faster than cruising canvas, and tired sails change the boat more than anything else. Deck gear such as winches, clutches and tracks takes heavy loads on these boats and wants regular servicing. A well-kept example still offers what the brief promised: speed on Saturday, comfort on Sunday.
Questions and answers
Frequent questions
How is the Summit 40 related to the King 40?
For Summit Yachts: They are the same design.
Mark Mills drew the King 40, which King Marine first built in Argentina;
when it moved into series production it took the name Summit 40.
Our records list it from 2007 at 12.11 metres.
Which is the largest Summit design?
For Summit Yachts: The Summit 54 at 17.83 metres,
filed as a motor yacht in our records and listed from 2016.
The largest sailing yacht is the Summit 45 at 13.87 metres.
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 Summit Yachts: damage to third parties, worldwide,
from €39 a year for liability.
Hull cover
Partial or full hull cover for a Summit Yachts, at replacement value with an agreed fixed value.
For the whole class of boat
For Summit Yachts: 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, Summit Yachts 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 Summit Yachts.
Current wind force and direction for your waters are shown on the Home.
Series by Summit Yachts, build years and cover
Summit 54 is a motor yacht from Summit Yachts, built since 2016.
Summit 35 is a sailing yacht from Summit Yachts, built from 2009 to 2020.
Also a sailing yacht, built from 2007 to 2020.
Also a sailing yacht, built from 2010 to 2020.
Summit md35 is a sailing yacht from Summit Yachts, built from 2006 to 2020.
As the Summit 54 by Summit 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 Summit 35, Summit 40, Summit 45 by Summit Yachts and 1 more 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 Summit 54 by Summit 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.
For the Summit 35, Summit 40, Summit 45 by Summit Yachts and further 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.
The Summit Yachts range in figures
These figures come from the model records we keep for Summit Yachts: boat type,
build years and length, nothing estimated.
- sailing yacht
- 4 models, 2006 to 2020, 10.7 to 13.9 m
- motor yacht
- 1 model, since 2016, 17.8 m
Which model was built when?
What does a used Summit Yachts cost?
We hold today’s price ranges by year for 3 models by Summit Yachts.
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 |
|---|---|---|
| Summit 35 | 2012 to 2019 | €91,600 to €160,900 |
| Summit 40 | 2010 to 2019 | €131,800 to €289,700 |
| Summit 45 | 2013 to 2019 | €228,900 to €431,600 |
Estimate from our boat records, October 2026.
Not a survey.
Summit Yachts insured in five minutes.
Boat type, year built, length and value of your Summit Yachts are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
