Boat Owner’s Insurance
Before listing your craft on the site, you will need to determine if chartering/renting your watercraft is covered under your boat owner’s and/or private property insurance policies. This will generally depend on your insurance carrier. If accepting payment for use of your privately owned boat is not covered under your current policy, you can purchase additional boat owner’s insurance from anyone of many providers or connect with our partner Falvey Insurance
Is Your Boat is Seaworthy?
Before you go take your old junker out of storage to make some cash, make sure that your watercraft is sea-worthy before listing it on GetMyBoat. For safety and legal liability reasons, we will only allow sea-worthy boats on our site. To keep our beautiful renters safe, we encourage all boat owners to properly maintain, store, and keep active maintenance/registration records. Additionally, we highly recommend installing and/or making availablefederal regulations or state regulations safety equipment.
Seeing that you might need some help to verify your safety equipment, the United States Power Squadrons and the US Coast Guard Auxiliary supply a FREE service to perform a Vessel Safety Checkon your watercraft. This is a free examination of your boat to verify the presence and condition of certain safety equipment required by State and Federal regulations. During this examination, turn your head and cough, they will make recommendations to help make you a safer boater. Upon a successful inspection, they even provide you with a VSC decal to proudly display on your watercraft.
Screening Potential Renters
Before renting your watercraft, you will want to speak with the renter to determine if they are someone you want to do business with. You can collect some personal information from the user as well as check out their social media profiles like Facebook, LinkedIn, Twitter, etc. Additionally, you can also figure out the boater’s level of experience with operating watercraft's like yours and/or check if they have passed training and safety courses. Lastly, you may consider requiring a deposit or offer to take the renter out yourself.
Rental Agreements and Procedures
As a courtesy, we provide private owners and commercial operators with Rental Agreement Samples and waivers you can use in the course of business – you will want to modify these legal documents to include your terms. We recommend consulting with legal counsel to ensure these documents protect both you and the renter. You will also want to utilize a pre-rental checklist to walk the renter through the vessel to check for pre-existing damage.
Now that you have read through all this safety content, you should be well on your way to having a great boating experience. Don’t forget to have fun and happy boating!