Yacht insurance: Sundowner on deck. We'll mind the rest.
A cold drink on deck, the coast drifting past: that part is yours. We mind the rest, with a real person on the phone and a straight answer, even for the bigger yachts.
- A real person who sails, not a hotline
- Bigger yachts: proposal usually in a week
- Claims reported straight to our team
Paperwork, waiting, hold music
Three steps, then the horizon is yours
Tell us about her
Length, home port and what she gets up to. That is enough to get going, and you can send it from the cockpit.
A proposal, not a puzzle
Bigger boats are assessed one by one. Expect a concrete proposal, usually within a week, or an honest no if she is not for us.
One call when it matters
Report a claim straight to us. A real person picks up, someone who knows boats, not a queue with hold music.
Plain numbers, no small print
What does your happy place cost a day?
Slide the value for a first figure straight from our tariff. For a bigger yacht the figure that counts is a proposal, usually within a week.
How much backup would you like?
€25m liability plus full hull cover
The price of a good feeling
€3.77a day
€1,373 a year, paid annually
Less than a pint at the harbour pub.
Example for a boat worth €120,000, tariff as of 3 October 2026.
Arranged by NAMMERT as underwriting agency and insurance broker.
This is what it is for
The best bit starts once the anchor is down
Tender down, over to the beach bar, then back aboard to soak up the sun. That is what she is for. Leave the paperwork with us.
Good to know
Past a certain size the questions change
Once a boat is past a certain size, what the contract has to answer starts to change, and it stops being about the sum insured. Employed crew, the marina contract, the occasional charter to friends, and passages that leave the Mediterranean; each of those is a line in the contract, and each is usually the line that is missing.
Owners who insure their yacht with us and charter on holiday do not need a separate policy: skipper liability for chartered boats is included in the boat liability cover, with the charter agreement in your name and up to 30 days; from Basis Plus up to the size of your own yacht with 10 million euros, in Premium with no size limit and 20 million. The chartered yacht itself is not covered (clause A-1.2).
The four that are missing from most policies
Is there paid crew?
A skipper for the season or someone maintaining her changes the legal position. Employer’s liability is not part of an ordinary marine policy.
What does the berth contract say?
Many marinas require a minimum sum and some tie the berth to a particular insurer. Read it before you place the cover elsewhere.
Lending her, or letting her?
Lending to a friend is one thing; being paid is another. Private hire up to 30 days a year can be added with a written agreement; beyond that it needs commercial cover.
How far do you really sail?
The Canaries, Madeira and the open Atlantic all fall outside a “Mediterranean” area. Extending takes minutes; after a claim it takes nothing at all.
What a yacht needs as standard
Premium tariff
Third-party liability up to €50m, the highest sum in our own comparison; personal injury up to €25m, up to €15m per liable person.
Agreed value with no age limit, adjustable when the boat changes in value.
Gross negligence waived up to 50 % of the sum insured in Premium, 25 % in Basis-Plus.
Salvage and wreck removal ordered by an authority up to €2.5m, on top of the settlement.
Six weeks a year outside the agreed cruising area, without notice or surcharge.
No hurricane or cyclone exclusion and no blocked season.
Your own policy wording governs. For larger yachts and permanent crew we arrange cover individually, call before you buy, not after.
A paid skipper is not a guest
The point that gets missed
Pay someone to move or maintain the boat and you have an employment relationship, even for a few days and even agreed verbally. That brings obligations a marine policy does not carry on its own: workplace accident cover and liability as an employer.
Tell us if there is paid crew, seasonal or year-round. It is one of the few things that cannot be put right after a claim.
Individual quote
Bigger yachts do not come out of a calculator
Tell us length, home port and how she is used. You get a concrete proposal, usually within a week, and an honest no where we cannot place it.
The three questions you actually have
Before you sign
Not “what does it cost” for your yacht; 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?”
As your broker we handle the claim with you, your yacht included: one report to us, then we arrange the surveyor and one of more than 2,000 partner yards and follow it through to payment. The yard invoices directly; 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 for your yacht 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 for your yacht 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 →Which language is the policy wording in?
Questions and answers
Frequently asked
What is the point of an agreed value on a yacht?
It fixes the value in advance and binds both sides.
In a total loss that amount is paid, with no argument about depreciation.
On yachts whose market value moves, this is the single most important point in the contract,
and it should be reviewed every few years.
Is the yacht covered in winter storage and in a shed?
Yes, time ashore is covered in every tariff for the insured perils.
Damage while craning counts as an accident and is covered from Basis-Plus.
It is worth reading the shed contract as well: the yard insures its building,
not your yacht inside it.
Confusing the two leaves you without cover after a shed fire.
Does the cruising range really apply worldwide?
Once you choose the worldwide cruising area, worldwide means worldwide, with no zones,
no lay-up season and no named storm clause.
One condition applies: once the yacht moves more than 300 nautical miles from its reported
location, the digital NAMMERT log book has to be kept.
How high is the deductible for a yacht?
You choose between 500 and 1,000 euros on the hull cover for a yacht;
the higher figure lowers the premium.
There are no extra deductions by type of loss.
In Basis PLUS and Premium the deductible does not apply to total loss and theft,
in Premium for theft only if the craft was kept locked away or on enclosed premises.
After five claim-free years it is halved there for the first claim;
in Basis the agreed amount always applies.
Are my own handling errors covered on a yacht?
Yes, if the yacht has full cover.
Then your own mistake at the helm, a grounding or a collision is paid,
and for gross negligence the insurer does not reduce the payment up to 25 percent of the sum
insured in Basis PLUS and up to 50 percent in Premium.
Only intent is excluded.
Partial cover only pays for what comes from outside.
Are storm, theft and vandalism covered on a yacht?
Storm, hail, fire, lightning and theft of the whole yacht are paid already under partial cover,
sinking after an accident, theft of single parts down to the outboard and wilful damage under full
cover, in winter storage and on the trailer too; only a seasonal policy pauses in winter.
Salvage costs after an accident come on top: by official order up to the sum insured in Basis,
up to 1 million euros in Basis-Plus and up to 2.5 million in Premium.
New value or current value: what is paid for a yacht on a total loss?
It depends on the tariff.
Premium pays the agreed value: the figure fixed at the start, no deduction new for old,
no age limit.
Basis-Plus pays the agreed value while the yacht is up to five years old,
or older if its current value still reaches half the sum insured,
in both cases once replacement is shown.
Otherwise,
and always in Basis, the current value is paid, what the yacht was worth just before the loss.
Does the cover apply to a yacht in the Mediterranean and on the high seas?
Yes, for liability and hull.
For a yacht you choose the cruising area in the policy: Mediterranean, Europe or worldwide.
Worldwide comes without surcharge,
without time limit and without closed periods in the storm season,
Atlantic crossing and Caribbean included;
from 300 nautical miles of relocation you keep the digital logbook.
Premium also covers six weeks a year outside the agreed cruising area.
Is insurance for a yacht required by law?
Under German law, no, apart from the Swiss part of Lake Constance.
Anyone taking a yacht to Italy, Spain, Greece,
Denmark or Croatia (from 15 kW) needs liability cover there by law.
And almost everywhere the harbour asks for proof before it allocates a berth.
Questions from owners
Your question: Yacht insurance
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Answers come from us, not from other readers.
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The answer comes by email and, if you agreed, appears here as well.
For the Owner's Letter, please confirm the link in our email.
Is it about your own policy or a claim? Please call: +49 3375 29 12 77
More sea. Less overthinking.
Cheaper elsewhere? We pay the difference.
Find the same cover for a lower premium somewhere else and we make up the difference, for the term of the policy, up to one year. Read the guarantee and its limits
Or call us now: +49 3375 29 12 77