Quote:
Originally Posted by knotsofast06
I am currently an OUPV Captain about to upgrade to 100 ton Master and looking to start delivering yachts running charter boats. Does anyone know what insurance is needed for this?
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These are two different questions (at least). Below may be dated - I have not been a paid mariner for over 15-years.
1. Charter Boats - unclear whether it's your
boat or you will be working on a charter
boat. When I did
docking lessons on my boat back in the early 2000's in
San Francisco Bay, I needed insurance on my boat. As a principal (owner) of the company that ran the boat, I had insurance. At the same time, I drove for a 3-hours booze-cruise company on an 84 passenger vessel on
SF Bay (100T endorsement). I did not have separate insurance, just covered via the charter company.
2. Deliveries. During the same period, I also delivered newly commissioned
trawler yachts from SoCal to as far as
Florida, including many to avoid sales tax (90-day yacht club, the
rule at the time). My understanding of the USCG
regulations is that a OUPV/100T
license is not needed unless there are paying passengers aboard, though the owner's insurance company almost always required one and a CV/resume. In my contracts, I always included language whereby the owner indemnified me in full in the event of an
accident, including negligence.
If I were to do it all over again, I would probably go to Hiscox insurance and check into some sort of professional liability and errors/omissions insurance. Its relatively inexpensive (I pay $1500/year for $2m coverage as an independent consultant).
Good luck on your 100T endorsement!
Peter
USCG 100T 899414
Re: Delivery Captain insurance needs
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