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Insurance costs for a mangusta 80?

Discussion in 'Mangusta Yacht' started by nictrip, May 18, 2008.

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  1. nictrip

    nictrip New Member

    Joined:
    May 18, 2008
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    Location:
    Sthlm
    Hello everybody!
    I am curious about the insurance costs affiliated with yachts. Are they usually considered to be included in the "10% operating costs of the boat value", and does anyone know the approximate figures of the Mangusta 80 case? (model 2000 located in France).

    Thanks in advance!
  2. AMG

    AMG YF Moderator

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    5,208
    Location:
    Sweden
    Hi, and yes, insurance is included in the 10% figure. I don´t know how much an older Mangusta would cost you, but I think Pantaenius has one or two in their books. Call Michael Kurtz in Monaco or Björn Burkert in Hamburg, they should know. (On that yacht, fuel is the cost..:eek: )
  3. nictrip

    nictrip New Member

    Joined:
    May 18, 2008
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    Sthlm
    Thanks AMG!
    Much appreciated!
  4. Loren Schweizer

    Loren Schweizer YF Associate Writer

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    Location:
    Coral Gables/Ft. Laud., FL
    My experience puts the number at about 1% (plus/minus a few basis points) of the value of the boat.
  5. T.K.

    T.K. Senior Member

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    Jan 31, 2007
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    Cairo - Egypt
    I have my 2008 Fairline Squadron 78 which is also an 80 ft. boat insured with Pantaenius. The insurance annual premium is 0.6% of the insured value.