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?
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!
USCG 100T 899414