Individualized Charter Boat Insurance.

Charter boat insurance cost. The average annual cost of a boat insurance policy at Progressive. Whether you are just starting your charter business or you manage a fleet of fishing vessels we have the coverage that. Ask about excess coverage often provided by a secondary underwriter in amounts up to one or two million dollars.

It applies when your boat sustains loss or damage after a collision fire theft vandalism or a destructive weather event. For example if the catamaran itself costs 150000 the insurance may cost 2250 per annum. Sailing Boats Under 80ft.

In some cases the annual percentage could increase up to 1000. In our humble opinion this is the broadest Charter Policy available in the country. As the vessel owner you are ultimately responsible for anything that happens aboard your vessel.

Cаtаmаrаnѕ аrе of gооd vаluе аnd еnjоуаblе аnd mаnу аrе available uр tо 70-80 fееt. The type of boat its length and its expected use will largely dictate your boat insurance rates. We represent quality knowledgeable commercial vessel insurers and we can help you customize a commercial boat insurance policy to best protect your needs for your vessel and your business.

Cruise lines require charter boats that serve their passengers to. Individual factors will come into play but in general the 15 rule is reasonably accurate for estimation. Get a boat insurance quote today.

In addition to a compulsory Skipper Liability Insurance this package includes a Trip Cancellation Costs Insurance and the protection of your charter costs against the insolvency risk of your charter agency. If you prefer to PM I would appreciate that too. Why wait when you could be protecting your vessel sooner rather than later.