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Insuring Garimar Yachts
motor yachts · several countries
Garimar Yachts builds motor yachts in several countries. 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
several countries
Class
motor yachts
Typical sizes
Premium from
from €49 a year for liability
Worth knowing
Garimar Yachts; cover, cost and conditions
A single model range is documented, the Garimar 555, with build years from 2005 to 2011 and listed as a motor yacht. Further details on lengths or on the rest of the programme are not available to us, and we do not add anything that is not documented. For the application, the data of your boat counts anyway.
The basis of every policy is third-party liability with a limit of indemnity of 10 to 50 million euros in the levels Basis, Basis-Plus and Premium. On top of that sits the limited hull cover with fire, storm, lightning strike, theft of the entire boat and damage in winter storage; the full hull cover adds collision, grounding and vandalism.
The value is agreed as an agreed value and, in the event of a claim, replaced with no deduction for depreciation (new for old), in the Premium tariff with no age limit. Up to a sum insured of 2.5 million euros the policy is taken out online. Cover also applies in winter storage, during craning, launching and on the transport route.
Questions and answers
Frequent questions
How long was the Garimar 555 built?
Build years from 2005 to 2011 are documented. That changes nothing about the insurability, because we insure regardless of year of construction, place of purchase and previous owners, and what is replaced is the agreed value.
Does NAMMERT also accept small series and self-builds?
Yes, both are insurable. What is decisive are the details of the individual boat and the agreed value fixed when the policy is taken out, not the extent of a manufacturer's programme.
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 Garimar Yachts, build years and cover
Garimar 555 is a motor yacht from Garimar Yachts, built from 2005 to 2011.
For a series built in these years 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.
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.
Garimar Yachts insured in five minutes.
Calculate the premium online, policy the same day, or call us: +49 3375 / 29 12 77.