|Topic Review (Newest First)|
|02-13-2010 02:38 PM|
I'd also point out that renting a boat to a liveaboard may be considered chartering the boat, and as such, would require a commercial insurance policy and a USCG captain's license IIRC.
Renting a house is not like renting a boat to someone, as the person renting the house can't generally take the house and run away with it. A boat is mobile, and as such has a lot more risks to it than does a permanent structure like a home. Not only can it be far more easily stolen, it can sink, it can go aground, it can capsize, it can injure people, it can damage the environment.
Most people who will want to "rent a liveaboard" or "boatsit" are not qualified to maintain the boat or even deal with small problems, that can easily turn into large ones. Forgetting to close a seacock or turn the flush/dry valve on the head to the right position or shut off the propane solenoid can all lead to issues that could easily cause the loss of the boat and in the case of propane—the loss of human life.
|02-13-2010 01:25 PM|
"You just need to find someone who appears honorable. "
Ahuh. And while most people are, how is the average boater going to know how to check the credentials of whoever comes looking to rent? We know that someone coming looking to "rent a liveaboard" is NOT an average or experienced sailor or liveaboard, so right away, we know they are not familiar with the usual norms afloat and that alone may make them a risk. Most folks don't have the skills or knowledge to run a background check, or to ask the renter to take out their own insurance and liability polcies, so we're not on the hook if they mess up.
A home renter may punch out the walls, but a boat renter is like someone renting out a car for prom night. If they get drunk and wipe out a family down the street...Guess who may have to ante up five mil in damages?
Sure, most folks are honorable. But the ones wearing the neatest suits and shiniest shoes, are often Scott Rothstein. Ain't worth the risk unless you know the business well enough to be IN the business.
Paranoid? You know what they call a liberal after he's been mugged? A Republican. I don't sleep with a shotgun, but I do make real damned sure to lock my doors both day and night. Folks called me paranoid for that too, long ago. Then the town PD made repeated speeches on the TV Nooze telling folks to please please lock their doors after a long wave of daylight robberies.
Paranoid? No, just sadly experienced. By all means, you rent out your boat a couple of time, and let us all know how it works out five years down the line.
|02-13-2010 12:34 PM|
hellosailor you sound very paranoid. Do sleep at night clutching your shotgun thinking of all the horors in the world that could happen to you.
I am a responsible home owner who wants to buy a boat to liveaboard, but would first like to rent to see if I like it, before I commit to a boat mortgage. There are resposible people out there who are very respectfull of other peoples property and know how to take care of stuff. You just need to find someone who appears honorable. We don't all leave a wake of destruction behind us. There is an entire economy of home rentals that has opperated succefully for centuries. Mishapps represent only a fraction of the trasactions. Best of luck finding a renter if you haven't been scared out of it!
|02-05-2010 02:17 AM|
Originally Posted by JeffBurright View Post
I just found your reply. Please keep in touch.
|01-07-2010 06:31 PM|
Dang..Thats it... Im going to sell my boat...I dont even trust myself now...
Boogie men in the closet.....
Just have insurance that covers it ( like renters insurance when renting out a house) and go for it with a gal like the one who responded already you will be fine and so will your boat.
Just one mans opinion.
Edit: If I was renting your boat it would be in better shape then it started in...Polished, cleaned, and what ever else you alowed me to tinker with...find someone like me and you would almost feel guilty charging me rent.
|01-07-2010 04:09 PM|
I wasn't trying to scare you into not renting. Just make sure your insurance agent knows about it and you have liability coverage. That picture is a bit sobering though.
|01-07-2010 03:14 PM|
All right, all right, I asked for horror stories and you lot managed to scare me out of it. Thanks
--Especially that photo mitiempo. That's the nightmare vision I see in my head every time I come home from a trip. I even try to spot my mast from the plane when I'm on approach.
|01-07-2010 03:02 PM|
Jeff, you might only "be into it" for $15k but that's not all you could lose.
Suppose your boat manages to sink in a channel. Marina channel, harbor channel, wherever, someplace it can't be. And some fuel and oil start to bubble up and out.
The USCG, the EPA, the local marine patrol, will all stop by. You may get charged $50k or more, for oil spill containment, cleanup and remediation, and salvage removal to get the hulk out of the channel. If you're real lucky, 100k.
And that bill may endure, even through bankruptcy, with 10% of all your income being set aside for the next 20 years, after all your assets have been seized.
Are you in for $15k? Or perhaps, for $65k?
But it gets better. Let's suppose your renter manages to have a breakout with an irate lover and someone gets personal and manages to get hurt or killed in the fireworks. The ex'es gangster-in-law comes by and sets the wrong boat on fire, next door to yours. The lawsuit is for five million, because the folks on the next boat got killed in the fire.
Guess who they are going to go after? YOU.
Better to keep it on the books, have commercial liability insurance in effect, or just keep clear of unknown "but they look so nice" deals. Unless you are very lucky, in which case you're better off rolling dice at a casino craps table anyway.
Just one man's opinion.
|01-07-2010 02:08 PM|
I would only consider
I would only consider this if it was someone I knew really well. Someone who I knew had the where with all to repair damages they might incur. And probably with the agreement that they did start the engine with some regularity, that they did not take the boat out of the slip, and they knew how to check and tie dock lines. Then I would only consider it. Don't know if I would ever to it or not.
|01-07-2010 12:46 AM|
Glad to make your acquaintance. The current plan is to bring the boat down in the spring/summer, but there's a chance I won't go that route. If I expect it to still be around, I'll get in touch with you later this and we'll see if we can work something out. The only difficulty of course is that July-October is prime sailing season . . .
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