Skip to content

Chart Your Course to Smooth Sailing

Charter Marine Insurance

If you earn a living via charters, tours, rentals, watersports, or leisure sports, you need to protect your vested interests - your business and your vessels. All of these operations come with a high degree of responsibility and require a large investment on your part. Whether you are seeking boat charter insurance, yacht charter insurance, bareboat charter insurance, or any other type of charter marine insurance, our professionals can help.

We will make sure you are protected from watercraft damage or loss, customer lawsuits, shoreside losses, emergency haul-out expenses, workers' comp claims, and much more. It will be smooth sailing with a quality boat charter insurance program that fits your business and budget. 

Charter Marine Insurance Protects: 

  • Bareboat or demise charters
  • Captain/crewed charters 
  • Dive boat and tour operators 
  • Daily rental and PWC rental operators
  • Commercial watersports operators 
  • Leisure sports operators 
  • Delivery skippers, crews or captains 

Protect yourself from: 

  • Watercraft damage, loss, or theft
  • Personal property damage or loss
  • Store and shoreside stock and equipment losses 
  • Hurricane and emergency haul-out expenses 
  • Emergency accommodation, towing assistance, and gas delivery 
  • Third-party actions brought against you or your vessel 
  • Negligence and mistakes leading to lawsuits and damages 
  • Loss of income due to business interruption 
  • Bodily injury and property damage to others 
  • Medical payments 
  • Marina liability 
  • Mechanical breakdown 
  • Environmental or pollution exposures 
  • Workers' comp claims from captains and crew  

FAQ

What is charter marine insurance?

Charter marine insurance—commonly referred to as boat charter insurance, yacht charter insurance, and bareboat charter insurance—is coverage that protects marine businesses such as charters, tours, rentals, watersports, and leisure sports. A quality boat charter insurance policy will cover things like watercraft damage or loss, customer lawsuits, shoreside losses, emergency haul-out expenses, workers’ comp claims, and much more. Speak with an insurance agent that specializes in boat charter insurance, yacht charter insurance, and bareboat charter insurance to get a quote.

Who should buy boat charter insurance, yacht charter insurance, or bareboat charter insurance?

Any business that focuses on boat or yacht charters, tours, or rentals would benefit from having boat charter insurance, yacht charter insurance, or bareboat charter insurance. This coverage protects you from physical damage or loss of your vessels, store and shoreside stock and equipment losses, personal property damage, emergency haul-out expenses, and much more. Discuss your options with an insurance agent that specializes in boat charter insurance, yacht charter insurance, or bareboat charter insurance to get a quote.

What type of boats and watercrafts are covered by boat charter insurance?

Boat charter insurance policies are tailored to specific watercraft businesses. Most vessels can be covered, such as cruising boats, jetboats, motorboats, sailboats, fishing boats, pontoon boats, cabin cruisers, yachts, jet skis, WaveRunners, Sea-Doos, and submersibles. We also specialize in covering other leisure sports such as kite boarding, parasailing, hang gliding, kayak rentals, rafting, air boats, guided tours, zip lines, surf boards, and even beach chair rentals. Our team specializes in boat charter insurance, yacht charter insurance, and bareboat charter insurance. They can answer your questions and provide a quote for your unique business.

What coverages are included in a boat charter insurance policy, yacht charter insurance policy, or a bareboat charter insurance policy?

There are many different types of coverages available to the charter marine industry. Most policies for boat charter insurance, yacht charter insurance, and bareboat charter insurance provide protection against watercraft damage or loss, personal property damage or loss, store and shoreside losses, emergency haul-out expenses, lawsuits and damages from negligence, bodily injury and property damage to others, medical payments, pollution exposures, and even workers’ compensation claims from captains and crew. Depending on the focus of your business, an experienced agent that specializes in these coverages can make appropriate recommendations.

What is Lifeline Emergency Expense Reimbursement coverage?

Lifeline Emergency Expense Reimbursement coverage defrays the cost of emergency accommodation and towing expenses. Our exclusive LifeLine plan covers emergency expenses most marine policies do not cover, such as: Accommodation, airline tickets, towing and salvage charges, emergency delivery of fuel, a battery and/or jump start, and repatriation for a medical emergency. Our personal marine insurance specialists can explain this exclusive coverage in more detail.

What is “Yachthaul” haul-out expense reimbursement coverage?

Most personal marine insurance policies DO NOT cover preventative haul-out expenses, but they are covered under our exclusive YachtHaul plan. YachtHaul is coverage that helps defray the cost of emergency haul-outs. YachtHaul pays up to $10,000 for: Delivery to the yard including Skipper’s fees, lay-days, haul, block and launch, and removal and safe storage dodger, cover, sails and other equipment normally stowed on deck. Our professionals can explain this specialized coverage in more detail.

MEET YOUR INDUSTRY EXPERTS

HAVEN’T FOUND WHAT YOU’RE LOOKING FOR?

Expert Guidance

Business Owner's Policy Insurance

Learn More: Business Owner's Policy Insurance

Locations

170+ Locations to Serve You

Decorative map of World Insurance Associates locations. View all locations: 170+ Locations to Serve You

Expert Guidance

Commercial Umbrella Insurance

Learn More: Commercial Umbrella Insurance