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Cheaper somewhere else? We pay the difference.

Find the same cover for less and we make up the difference; for the term of the policy, up to one year. The catch is not hidden in the small print: two offers have to be genuinely comparable, and below we spell out exactly what that means. Including the cases where the answer goes against us.

Get a price Send us the other offer

What makes two offers comparable

Six points, and a cheaper premium usually comes from one of them

Take your cheaper quote and walk down this list. Wherever the answer is no, the difference in price is not a discount; it is a different contract, and the gap stays with you.

Same sum insured? €10m, €25m or €50m; not €5m If not: A lower liability limit is the most common reason for a cheaper premium. Five million sounds like plenty until a serious injury claim; the rest stays with you.

Same type of hull cover? All-risks hull, not named-perils cover If not: Named-perils cover pays for fire, storm and theft of the whole yacht. Grounding, collision and propeller damage are not on that list; and those are the ones that happen.

Same cruising range? Same waters, same distance-from-coast limit If not: “German inland waters” costs less than “European coastal waters”. You notice in the summer you decide to head for the Mediterranean; and nothing can be extended retrospectively.

Same deductible? The same amount per claim If not: A higher deductible lowers the premium immediately and you pay the difference when something happens. A legitimate choice; but a different contract, not a cheaper one.

Gross negligence waived? Basis Plus up to 25 %, Premium up to 50 % of the sum insured If not: Without that waiver the insurer can cut the payout; for the grounding without an up-to-date chart, for the fire from the cable you fitted yourself. Cheap now, expensive later.

Same salvage cover? Up to €2.5m in our Premium tariff If not: Salvage, lifting and wreck removal reach six figures quickly, and the authorities order them. A cap at €50,000 makes the premium look pretty and the invoice yours.

The conditions in full

Four requirements, stated before you ask

Policy taken out through NAMMERT. The guarantee applies to contracts concluded with us.

Comparable scope. The cheaper offer must be equivalent in cover; same sums insured, same deductible, same cruising range, same type of hull cover.

Evidence provided. Send the other provider’s complete offer; tariff name, terms and premium, by e-mail or as a screenshot to info@nammert.com.

Valid at the time. The offer must be, or have been, valid at the time you took out your policy with us.

The guarantee terms in force at the time apply. The refund runs for the term of the insurance contract, for a maximum of one year. Our German page carries the same wording as the binding version.

How it works

Find the comparable offer Same sum insured, same cruising range, same deductible, same hull cover.

Send it to us By e-mail to info@nammert.com; tariff name, terms and premium, a screenshot is fine.

Get the difference We check the comparison and refund the difference. If the other offer is genuinely better, we say so.

And the other direction: when not to insure with us Ten cases in which another provider serves you better, written down by us, with names. When we are not the right fit

The policy wording is German; we go through it with you in English Our terms and conditions, the insurance product information documents and the cancellation notice exist in German, and the German wording is the binding one. We will not pretend otherwise. What we do: send you the product information documents translated, and walk you through the cover on the phone in English before you sign anything. The full cover, clause by clause, is written out in English on our detail page. Ask us for the documents and we send them the same working day. Any translation we provide is a courtesy translation; in case of doubt the German version prevails. Read the cover in full Request the documents