Catamaran insurance
Two hulls, one wrong number
A catamaran costs far more new than a monohull of the same length. Insure it by length and it is underinsured from the first day, which nobody notices until the boat is a total loss or the yard sends an estimate for one hull.
In short
How should a catamaran be insured?
On value, not on length: the agreed value follows the replacement cost including equipment. Liability starts at around 39 euros a year, both drives belong in the machinery cover, and salvage and craning are included in every hull tariff, which matters when no standard travel lift takes the beam.
Figures from the NAMMERT tariff, August 2026, annual premium including insurance tax.
Where a catamaran differs
Everything a monohull policy covers applies here too. These are the points that only arise with two hulls.
Six points before you sign
Each of them has cost a catamaran owner real money.
Length is the wrong yardstick
A 45 foot cat can cost twice a 45 foot monohull. Any quote based on length alone will be short in a total loss.
Both drives in the cover
Machinery cover for material, design and handling faults applies to both installations, not to one nominated engine.
Beam decides the lift
If no standard travel lift takes the beam, a special or floating crane is needed. That cost is inside every hull tariff here.
Salvage on top
Up to 2.5 million euros, paid in addition to the settlement. Deducted, there would be nothing left to repair with.
Charter can be included
Skippered or bareboat, agreed before the first booking. Chartering without that note is the classic reason a claim is declined.
Agreed value
Set in writing before anything happens and adjustable after a refit, in Premium without an upper limit.
Plainly said
One hull damaged is not half a claim
Owners expect a repair on one hull to cost half of a monohull repair. It rarely does. The structure runs through the bridgedeck, the yard has to support both hulls to work on one, and the boat blocks a wide berth for the whole time.
That is why the agreed value and the salvage limit matter more here than on any other type. Both are figures you can read in the policy before you need them.
Before you buy
What we need for a quote
Length, beam, year of build, replacement value including equipment, berth and whether the boat is ever chartered.
Before you sign
The three questions you actually have
Not “what does it cost”; you can work that out yourself in a minute. These are the three nobody asks an insurer out loud. Here they are, with the answers we can back up.
“Will they actually pay?”
We are an Assekuradeur; a managing general agent that underwrites and settles claims under its own authority. Our own claims department, appointed surveyors, more than 2,000 partner yards. Cover checked within 24 hours, release or a survey appointment within 48. We settle directly with the yard; you pay the deductible and nothing else.
What happens in the first 48 hours →“Who picks up the phone?”
A family firm since 1989, now in its second generation, with three of its own offices: Königs Wusterhausen near Berlin, Salzburg and Palma de Mallorca. No call centre, no franchise. You get a named contact from the first hour; and after office hours, a number somebody answers.
Out of hours: +49 3375 29 28 95 →“And if I choose wrong?”
Find the same cover cheaper elsewhere and we make up the difference. Our comparison sets seven providers against the same criteria; including the segments where somebody else comes out ahead of us, and the one where we are the most expensive in the field.
Price guarantee →When we are not the right fit →