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Insuring One-off and custom yard builds
motor yachts
One-off and custom yard builds builds motor yachts. NAMMERT insures boats of this make regardless of year built or where you bought them, liability, hull, legal expenses and personal accident cover from one house, taken out online in five minutes.
At a glance
Origin
various
Class
motor yachts
Typical sizes
9 bis 18 m
Premium from
from €49 a year for liability
Worth knowing
One-off and custom yard builds; cover, cost and conditions
Not every boat comes from a production series. One-off builds to an owner's own design, special constructions from small yards and boats that have been substantially altered in a refit are insurable like any other craft; the yard does not decide on insurability, but rather type, value, year of construction, output and cruising range. What works differently with a one-off build is the valuation.
For a one-off build there is no price list and no depreciation table. The value arises from the design, the material, the quality of the fit-out, the machinery and the equipment, and with carefully built boats it is considerably higher than a depreciated value calculation produces. We record an agreed value on the basis of a valuation report. Anyone who has built or converted a boat themselves should keep invoices, photographs from the building period and design documents: they are the proof of what is in the boat.
Questions and answers
Frequent questions
How do I insure a one-off built boat?
Through an agreed value on the basis of a valuation report. Keep invoices, photographs from the building period and design documents, they prove the value that no price list shows.
The cover that fits
For the whole class of boat
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.
Other builders in this class
All makes by type of boat
motor yachts
Ohne Zuordnung
motorboats and sports boats
sailing boats and sailing yachts
dinghies and small craft
inflatables and RIBs
jet skis and boards
houseboats and electric boats
catamarans and multihulls
boat trailers
Katamarane & Trimarane
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 your boat’s manual. Current wind force and direction for your waters are shown on the Home.
Series by Werftbau (Einzel- und Sonderbau), with value and cover
Einzelbau nach Konstruktion is a motor yacht from Werftbau (custom and one-off build), built since 1950, and today changes hands at between €45,000 and €1,900,000.
Einzelbau Segelyacht is a sailing yacht from Werftbau (custom and one-off build), built since 1950, and today changes hands at between €45,000 and €2,400,000.
Yard conversion and refit is a motor yacht from Werftbau (custom and one-off build), built since 1960, and today changes hands at between €25,000 and €890,000.
As the 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.
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.
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.
One-off and custom yard builds insured in five minutes.
Calculate the premium online, policy the same day, or call us: +49 3375 / 29 12 77.
