
04-08-2007
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Senior Member
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Join Date: Jun 2006
Posts: 2,394
Rep Power: 8
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got anybody on staff thats got a USCG 6-pack? Gonna need that for a "charter" even bareboat requires a holder on staff.
How about anyone on staff that can tell you what the insurance issues are going to be
re: someone elses boat that is probably financed going into charter (probably a violation of the loan agreement)
to whos insurance is going to cover drunk client number one when he pilots a boat under your charter into a bazillion dollar yacht...
hint one, ain't going to be the boat owners,
hint two, ain't going to be drunk guys,
hint three, ain't going to be the bazillion dollor yacht guys either.
that leaves... yours.
Care to hazard a guess as to what the quote to me was for that type of coverage? (yea, I was considering taking over a small day charter company here)
195,000.00 yes, thats right almost 200k for... sit down... ready?
500k of coverage. yup, 500k.
(from 2 diff companies, within acouple of grand)
Want to go without it? uh... No, not possible, can't get the bus. cert. from the state without it.
I'd go with the wooden boat idea.
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