153. Charter Insurance: What Coverage Do You Actually Need?

Recreational insurance policies typically exclude commercial use.

Charter operators need:

• Commercial marine liability
• Passenger liability coverage
• Crew coverage (if applicable)
• Hull & machinery coverage

Some insurers require:

• Coastwise endorsement
• Captain credential documentation
• Drug testing proof

Operating without proper coverage risks financial disaster.

BoatnCrew connects owners and customers under a flat 5% platform fee and does not charge customers booking fees. However, insurance compliance is entirely the owner’s responsibility.