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Insuring Norum Marin AB
motor yachts · several countries
Norum Marin AB 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
Norum Marin AB; cover, cost and conditions
One motor yacht is held on file, the Stigfjord 27 from the years 1976 to 1983. No further model ranges are recorded. Anyone taking over such a yacht today buys it used, and for the cover what then counts is the value agreed when the policy is taken out, in the form of the agreed value.
It determines the compensation in the event of a claim, and does so with no deduction for depreciation (new for old). In the Premium tariff it applies without any age limit. We insure regardless of year of construction, place of purchase and previous owners, even if the vessel has changed owner several times.
If a dispute arises after the purchase, legal expenses cover for water sports is available. For the boat itself, full hull cover covers collision, grounding, vandalism and theft of parts including the outboard, and limited hull cover covers fire, storm, lightning strike and theft of the entire boat.
Questions and answers
Frequent questions
What matters from the insurance side when buying a used boat?
The agreed value, which fixes the value for the event of a claim. Compensation is paid with no deduction for depreciation (new for old), in the Premium tariff without any age limit.
Does the number of previous owners matter?
No. We insure regardless of year of construction, place of purchase and previous owners. A purchase abroad is also no obstacle to taking out the policy.
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 Norum Marin AB, build years and cover
Stigfjord 27 is a motor yacht from Norum Marin AB, built from 1976 to 1983.
For a series of this age there is no list price left. That is why we work with an agreed value: you state the figure, we agree it, and in a total loss exactly that amount is paid, with no deduction for wear.
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.
Norum Marin AB insured in five minutes.
Calculate the premium online, policy the same day, or call us: +49 3375 / 29 12 77.
