Charter vessels also need special insurance to protect against damages by passengers. Broken equipment, vandalism, and excessive wear and tear to the boat’s interior, are just a few of the problems often experienced by charter boat owners. Theft of equipment and gear may also become an issue for the Charter boat owner.

The boat owner will want to make sure that the policy selected will cover all potential risks, losses and damages, insuring that both the owner and the passengers are duly protected.