From Bass Boats to Mega Yachts we offer charter boat insurance coverage for fishing guides charter fishing sight seeing day cruises or extended cruises.

Cost of charter boat insurance. Here at Maritime Insurance International we understand the importance of protecting your commercial and charter boats as they are often your livelihood. Typically marine PI policies provide 300000 or 500000. Charter boat insurance can help you protect your vessel and yourself while you focus on the task at hand.

The cost of your charter boat insurance policy will vary according to the size of your boat the number of passengers you regularly take out and the experience training and even driving records of your crew. The cost of getting the license is 1400. Cruise lines require charter boats that serve their passengers to carry a minimum 1 million.

This is per incident not per person. Sailing Boats Under 80ft. This is called Agreed Value or Stated Value coverage and in the event of a total loss will pay the full insured amount.

Max Of Passengers. Heres a quick overview of the average cost to rent a yacht not including extra expenses for the most common types available. I had another quote 446 for a 500K and 795 for a 1M policy.

That is why we make it our priority to help you find the best possible marine insurance plan. However here are a few basic examples I found from other boaters around the web. Average Weekly Sailing Charter Rates.

Well help you find or build the Cobalt Boat of your dreams call us today to get started. Trying to get more data to determine the reason for the huge difference. Individual factors will come into play but in general the 15 rule is reasonably accurate for estimation.