50* Charter Boat - 11 or more customers $801. First Name. 541-378-3040. Types of Storage:. In addition, their fishing boat policy covers replacement costs for fishing gears and tournament fee reimbursement if you are unable to assist due to a covered accident or. TomCharter boats that are licensed to carry six or more passengers are inspected by the U. The Coast Guard License: Six Pac to Master-100 Tons- The Charter. Read more Categories Boat Insurance Tags 6 pack charter boat , charter boat insurance , charter boat insurance cost , charter boat insurance guide ,. The OUPV/Six-pack or Charter Boat Captain's License is the most popular of the Captain's Licenses and is required for those wishing to offer fishing and sailing charters, drive a dive boat, or run sightseeing tours, etc. The 6-pack license is what most charter operators will need. A rule of thumb is that annual premiums will total 1 to 3 percent of the value of the vessel. A Charter Boat Captain commands a small vessel as a master, captain, or skipper and may contain a sailing endorsement for sailing vessels and/or a commercial towing endorsement for vessels engaged in assistance towing. 6 Pack Charter Insurance Cost. In order to do so, we require the following information: - Serial numbers for all vessels and all other items over $2,500 (including tenders, auxiliary motors, boat lifts). Domestic Six Pack Charters. 00. 00. Chris joined 360 Coverage Pros in November 2019 as an Account Executive within Gallagher’s Specialty Insurance Programs division. Chuck. 11025 charter oak ranch road2022 elastomeric roof coating cost calculator Contact – trussway0 charter oak ranch rd, fountain, co 80817. Many boat owners are missing out on opportunities to earn extra cash (or make a living), letting their craft sit at a marina unused or setting sail without any paying. To go fishing on the same spot in the comfort and. $595. If you are intending to carry more than six paying passengers you need a Master Captain’s License – the highest level captain’s license issued by the USCG. You need to make a genuine effort to make a profit, rather than just enough to cover your costs and get a free day out on the water. com. Six pack fishing boat rentals for Los Angeles, Long Beach, and San Diego. However, this figure is a rough estimate based on the most common types of boats. According to some sources , the average cost of charter boat insurance ranges between $200 and $500 per year, according to Trusted Choice, an industry group for independent insurance agents. Whether you're sailing the high seas or relaxing on the lake, protect yourself and your crew with a policy that can start as low as $25* per month. The Six-pack captain’s license, also known as the OUPV license, is a designation awarded by the United States Coast Guard that allows the holder to take up to six paying passengers and crew out on the water. $900. 3 Lockwood Drive. Annapolis, MD 21403. 20-1(a)A 20% cap is typical. Basically, there are no exceptions. How you go about getting your. This captain’s license can cover up to a 100 gross ton uninspected vessel, but still, only six passengers for hire. com/coverage/commercial-charter/ '' > Zambales travel april. The six pack captain’s license is your first step to a career out on the water. Basically, there are no exceptions. The policy language specifically addresses chartering, clients and crew. com. 50. Coverage might be replacement value up to 10 years, then losing 5 percent per year after that, for example. of Cape Canaveral, Florida. Last minute trying to find a reputable boat. Chubb – Best for Yacht Insurance. 00. The OUPV License, often referred to as the Six-pack License or Charter Boat License, allows you to operate an uninspected vessel with up to six paid passengers on board. PRIVATE PARTY OFFSHORE 50+ FT SIX PACKS WITH FULL. Congrats! It’s an exciting venture that promises endless fun and adventure. Six pack charters generally cost more, as you are spreading the fuel and boat costs over a lot fewer people. vessels that carry passengers for hire, commonly called charter boats or “six packs. O. OUPV (6-pack) Limited OUPV; Master 25-200 Near Coastal;. Get a quick boat or yacht repair insurance quote. (1) The owner or an individual representative of the owner, or in the case of a vessel under charter, an individual charterer or individual representative of the charterer; (2) The master; or (3) A member of the crew engaged in the business of the vessel, who has not contributed consideration for carriage, and who is paid for onboard services. You need to make a genuine effort to make a profit, rather than just enough to cover your costs and get a free day out on the water. they are not all alike. $200 / hr with a minimum 4 hour charter based on 1, or. Call "The Hogans Agency" I have been using them for years for my Charter Business. C. comContact Anchor Marine Insurance Here’s how to get in touch with us regarding your quotation or for any questions you may have: Seattle, WA Home Office Anchor Marine Underwriters, Inc. Get me a quote from any of the above charters and I’ll do 25% under their cost. Beware of "named special deductibles" such as storm damage of 10% or more. Bookings in Florida insured under the Peer-to-Peer Boat Rental Policy through GEICO have additional coverages, which are $500,000 per. However, some insurance companies may require a captain's license for yachts over a certain size. This captain’s license can cover up to a 100 gross ton uninspected vessel, but still, only six passengers for hire. That’s where high-performance boat insurance comes in. S. show lawful admittance to the United States for permanent residence. Buy the gear necessary to run fishing charters. ”. 605 & . OUPV License. We all want cheap boat insurance rates, but customer service matters too. How you go about getting your. Having complete peace of mind is priceless, and 6-Pack OUPV Liability Insurance from 360 Coverage Pros provides that and more at a reasonable cost. The red light is on the port (left) side of the boat, and the green light is on the starboard (right) side of the boat. With its wide range of benefits, exceptional customer service, and competitive pricing, Encore Dental Insurance stands out from the crowd and can help you achieve optimal oral health without breaking the bank. Fee: $250. Your Name (required) Your Email (required) Phone Number (required) Date Requested (required) Trip Type. 6-Pack Charter Boats; Sailboats; Runabouts; Contact us today for more information about yacht insurance. Lost too much money to boats this year. Charter boat insurance is a type of marine insurance that protects you from liability claims, property damage, and other risks that may arise from your charter operations. Typically, the insurance premium will be influenced by the boat’s characteristics and usage when insuring a 6-pack charter boat (a vessel that can carry up to six passengers). 8689 valley ranch pt, fountain, co 80817Charter fountain 10810 old pueblo road, fountain, co 8081716516 oak cir, fountain valley, ca 92708. The Average cost for a shark fishing charter is $507. Competitive Pricing! Please fill out the Insurance Quote Form and we will get back to you quickly, or you can call us at 800-990-9283. insurance boat charter quote coverage occasional provide guides boats fishing including call marine united underwriters insurance examples insured complicated charter insurance boat occasional si. The average cost of boat insurance is $200 to $500 a year—although for a really big or expensive boat (like a yacht or sailboat), insurance can cost around 1–5% of the boat’s value. In Person Classes Get Your Captain's License 281-384-2020 Become a Charter Boat Captain, Get your Master's Upgrade 25-50-100 Ton, Houston, League City, Galveston 281. 1. 5% rule is reasonably accurate for estimation. Boater Safety Education. We can offer the most appropriate insurance for your clients Charter Boats. Costs are in large part based on fuel costs which are affected by weight and duration of trip. ) $200 per hour over the Duration; (iii. If you want to take advantage of the vast number of opportunities out there, you will need a captain’s license recognized by the United States Coast Guard to get started. A yacht policy usually carries a percentage of the insured value deductible, for instance a 1%, deductible means a boat insured for $100,000 would have a $1,000 deductible. Read your policy…. St Augustine FL 32080. For the best boat insurance rate, get a boat insurance quote online. Deep Sea Charter Fishing in Coos Bay and Charleston, Oregon offering exclusive daily trips for the entire family. Specifically, charter captain (6-Pack OUPV) liability insurance can provide four protective layers to keep you financially safeguarded after an incident or injury on your watch. Your selected coverage levels and deductibles. The Captain on board has fished the Monterey Bay for 15 years. 6-pack charter boat insurance costMaritime training, captain's license, stcw training in tampa florida Fishing pack boat range diego san planet long sportfishing vision pacific charters blue. So I called a local insurance provider and the annual rate ended up being 1454 not too bad. DELIVERY: The OWNER agrees to deliver the yacht at the Port of Boarding in full commission and in proper working order, having all licenses required for any jurisdiction within the area of charter, outfitted as a yacht of her size, type andCharter for longer – Most charters are for one or two weeks, but it is possible to secure additional discounts if you sail for more than three weeks. Charleston, SC 29401. Lost too much money to boats this year. The Party and Charter Boat License allows the license holder to carry recreational fishing passengers for hire on a registered vessel or to land fish taken by recreational fishing passengers outside the territorial waters of the state. Charter Companies. 25 Mar 2023. 6-Pack/OUPV Charters. How to Choose the Best Bimini Top for 16 ft Aluminum Boat; How to Store Fire Extinguishers on a Boat: A Complete Guide; Which Of The Following Is Recommended When Docking Your Boat? How Much Does 6 Pack Charter Boat Insurance Cost? Boat Lights Red and Green: The Ultimate Guide to Navigation and SafetyThe cost varies depending on which captain's license you are looking for! Whether for professional or personal use, you have two options regarding the captain's license. Whether you're sailing the high seas or relaxing on the lake, protect yourself and your crew with a policy that can start as low as $25* per month. So, if you insure your boat for $50,000 and it’s current replacement cost is more than 20% above that amount, your claim for total loss will be paid up to $60,000 ($50,000 plus 20%), not the full replacement cost. If you have limited time to use your boat or yacht and are willing to consider a charter management program, you may reduce the costs of purchasing and owning your yacht significantly through a combination of tax deductions, new Section 179 & Bonus Depreciation, and charter income. NO crowds. Learn about the types of coverage available for boats and yachts, and what's required in Michigan. Cochrane & Company. Less people lles tangles. Fishing tackle, bait and beverages provided. Kona is a big sport fishing location with many 6 pack charter boats. yacht club boat builders six pack charter Six Pack Charter Designed for the sport fisherman type of vessel not used for commercial use except for hire with a capacity of 6. Inclement weather, striking submerged objects, and collisions with other boats can all cause injuries. Why 6 Pack Charter Boat Insurance Cost Matters. Together, we share a passion for all things boating. Annapolis, MD Office. rentals, boat schools, or charters. The average fishing charter business in America spends between $400-$1,100 per year for $1 million in general liability coverage. sec. We offer markets that secure coverage for charters as well as Six-Pack Charters, or Charters that carry more than six passengers. In reality, boat premiums can range. We have taken that one step further with the introduction of our new Charter Boat Policy. Charter alura charter insurance testimonials quick quote why services contact boat charter six boat pack choosing alaska fishing tips capacity person orlando charters mid pack near march charter insu. These include the value and age of the boat, how it is used, the vessel’s length, safety equipment onboard, and the operator’s experience. e. 00. Boat liability insurance can provide coverage for hospital expenses, rehabilitation, and other medical costs. U. Wherever your charter boat takes you and your clients, and whatever your activities, make W. Sort By. Your charter charter boat insurance coverage options may include: Physical Damage (Agreed Value) Protection and Indemnity Liability Coverage (up to $2,000,000. Boat & Yacht Insurance Includes. 2002 Eastwood Road, Suite 301. Charter boat insurance is a type of marine insurance that protects you from liability claims, property damage, and other risks that may arise from your charter operations. Commercial and Marine Insurance: 221 S. Call Casey Hershberger, she is great. Small to Large Boat Insurance. , personal watercraft, yachts, speedboats (over 65 mph), and commercial boats—i. Box 3505. Global Marine Insurance Agency, a division of Specialty Program Group LLC 12935 S. This Mariner Liability Insurance Policy Includes Coverage For: $1 million in license protection and defense costs (higher limits available) $10,000 coverage for fines and penaltiesTalk to your local insurance agent or find one who is versed in Marine Insurance. The average cost of boat insurance ranges from about $200 to $500 per year. Get a quote. Almost all small fishing charter business should have enough professional liability insurance to cover a single claim of $25,000, with annual cover of $50,000. Re-powered in 2009 with a 3126 Caterpillar engine. By David García 22 August, 2023 16 August, 2023. When the unexpected happens, you want to be sure you’re covered for property loss and liability so you can keep your operation afloat and your reputation ship-shape. Utah residents can choose between one of two liability coverage options. Posted Over 1 Month. This license costs $30 and requires a one-page application form that includes a physician’s statement and questions related to boating experience. S. Understanding these factors helps boat owners to evaluate their insurance needs accurately and find the best. Charter boat insurance and charter fishing insurance policies available to ensure your operation is protected. My issue is that we have a mooring in a field that has a wait list of around 10 years and the harbor master is a pain in the ass when it comes to assigning moorings. ” This covers a boat worth $40k and includes a $1 million. Seafarer Marine Insurance is a registered series of Mission Underwriting Managers, LLC. Up to 6 persons – 2. Get a quote Or, call 1-855-347-3939. $1,400. . And the entertainment is accessed via your phone Province. Figure a charter would be better for near same cost. You cannot use the boat to entertain clients or that will nullify the boat transport deduction. We also have a fleet of 6 pack boats for the anglers who even want less competition from other anglers. I am 10K into this. Charter Boat Insurance Anchor Marine Underwriters. $330. Annapolis, MD Office. Today, a chartered vessel is like a rented vessel where an individual assumes responsibilities as its owner, similar to when you rent a car or a houseboat. Marine Insurance: 701 North Federal Highway #401 Stuart, FL 34994 772-232-9371 Fax 772-232-9375 info@insuremarine. We provide charter boat insurance coverage for six pack charters, fishing guides, including full-time and occasional charter. Posts: 7,505 Re: Jones act and six pack. We always have a minimum of two crew and oftentimes 3, as there is a lot to do during a wide open bait stop. Typical vessels include charter boats (head boats), small ferries, dinner boats, and whale watch vessels. Most six pack boats have a much higher ratio of crew to customers. Boat Liability Insurance. Insurance, licenses, permits, drug test fees, etc. If you want to take advantage of the vast number of opportunities out there, you will need a captain’s license recognized by the United States Coast Guard to get started. They provide coverage for boats of up to 26 ft. 50. Bareboat Vessels: -> The owner does not provide the crew; the. Foremost – Best Insurance Packages. Six Passengers - Private Party starts at 1150 for 6 anglers for a half day, and goes up to 5k for a 1. 6-Pack/OUPV Charters Whether you’re taking people out on the water to fish, dive, or for some sightseeing, your business depends on keeping them safe and happy. "To use your boat as a six-pack charter with yourself as the skipper, you need to make sure that the IRS doesn't view yours as a hobby rather than a business. Start Here. Our boat insurance is provided by Club Marine, Australia’s largest boat insurance provider with over 50 years' experience. Get details about boat insurance in Ohio. This license is properly termed “Operator of Uninspected Passenger Vessels” ( OUPV) and is commonly referred to as the “6-pack” or “Charterboat Captain’s License”. Better Choice Insurance. The word “uninspected” means that the equipment required and the design of the boat are less regulated. Most lenders allow a maximum deductible of 2% of the insured value. Charter Snook Permit $10. A licensed charter boat captain can earn between $60,000 to $100,000 a year, and this doesn’t include. Fishing tackle, bait and beverages provided. Ocean Drive Suite C Fort Pierce, FL 34949 772-242-1045 Fax 772-882-9856 info@insuremarine. The OUPV/Six-Pack license is issued in three forms: Inland, Great Lakes & Inland, and Near Coastal. Reservation info Rent a Six Pack for your next event. Suite 302A. The right coverage ensures that you and your passengers are safe from any financial losses or liabilities due to accidents while on the water. Covers your yacht itself as well as the items onboard. Example of a 2. 1-800-700-2009. Call today. Also see costs and rates for guide boat insurance. This policy covers bodily injury, lost wages, sickness, or death that result from an accident. WARRANTY: Please note, Warranty, in the insurance world, means “absolute”. Learn more about our boat insurance offering. Charter boat insurance can help you protect your vessel and yourself while you focus on the task at hand. Start Quote. Your Name (required) Your Email (required) Phone Number (required) Date Requested (required) Trip Type. Sailboat insurance, for example, often has a separate deductible for the boat's mast. 4407. Check Details. The lowest price charters are on the party boats. Earn up to 25% No Claims Bonus – with the option to protect it and which. 905 License is in operator’s possession (usually in frame hanging on bulkhead) 46 CFR 26. List of Regs and Links. The Six-Pack Captain’s License allows the holder to carry up to six paying passengers plus crew on uninspected vessels up to. Commercial boat insurance is available to protect your watercraft and cover your liability if something goes wrong. In Delaware, the cost to insure a boat worth less than $20,000 would be only $377 annually. $401. TheTo help you find the right policy, we researched leading insurers and identified the eight best boat insurance companies of 2023. Also the song producer byEnjoy life on the water with boat insurance from Progressive. Understanding these factors helps boat owners to evaluate their insurance needs accurately and find the best. Please see the overview below for Charter Boat Insurance Coverage. Our quick quote provides competitive boat insurance rates from the best boat insurance companies. Got it, thank you. No waiting until. 947. 2002 Eastwood Road, Suite 301. citizen, but you have to provide proof of permanent U. Get a boat rental insurance quote or charter boat insurance quote today. Passengers. R. Your license insurance offers robust protection against the many risks you face as a captain. : Carlsbad, CA. Charter Boats. Jan 25, 2005. The Six-pack Captain’s License allows the holder to carry up to six paying passengers plus crew on uninspected vessels up to 100 gross tons, hence the term six-pack. S. There is no change in the premium or any additional cost to you. com So I called a local insurance provider and the annual rate ended up being $1454, not too bad! This covers a boat worth $40k and includes a $1 million liability policy. The policy language specifically addresses chartering, clients and. Annapolis, MD Office. “To use your boat as a six-pack charter with yourself as the skipper, you need to make sure that the IRS doesn’t view yours as a hobby rather than a business. Call us today to finance your dream boat. So, whether you’re a speed enthusiast or just curious about boat insurance, buckle up and get ready to explore this exhilarating topic! If you own a high-performance boat, then you know how important it is to protect your investment. Serviced by boating experts, and backed by the nation’s second largest auto insurance company, our coverage options for boaters of all kinds can’t be beat. See the table in the cost of fishing charter insurance section below for average prices of professional liability insurance for your fishing charter operations. Annapolis, MD 21403. By understanding these factors and obtaining quotes from multiple providers, you can make an informed decision and secure the best coverage that meets your needs. In our humble opinion, this is the broadest. net Liability Insurance for 6-Pack OUPV Captains. Every policy has a physical damage deductible, which may be a percentage of your boat's value or a dollar value, such as $500. Find out how much boat insurance costs in your state and learn more about the factors that impact boat insurance rates. S. But just like other insurance rates vary, boat insurance costs change depending on. Charter boat insurance cost depends on the size of the boat, the amount of protection, and the types of coverage you need. 3940 Peninsular Dr SE, Suite 100, Grand Rapids, MI 49546-6107 (800) 879. Having U. O. Costs; Terms; Quotes; Companies; Write for us; Subscribe to Updates. This license is commonly referred to as a "Six-pack" because it allows the holder to take up to six paying passengers and crew on. I do charters on the side. 50. You can go boating with the peace-of-mind that you have the proper coverage. GEICO boat insurance policies can provide coverage for damage, new boat replacement, fuel spill liability, and more. Maritime Insurance International offers a wide range of commercial vessel insurance and charter boat insurance products. Yacht luxury croatia concierge charter services contactYacht luxury yachts charter boat bond pati golden greece boats superyacht superyachts used watches available film super james fancy vacations Luxury yacht charter croatiaCroatia yacht. A Charter Captain or Boat License is required to carry paying customers (where a fee is paid directly or indirectly) for the purpose of taking, attempting to take, or possessing saltwater fish or organisms. It is located on the centerline of the boat near the stern (back). These policies are typically offered for new boats, and only for the first two or three years of ownership. $795. The two main captain’s licenses issued by the Coast Guard are the Operator of Uninspected Passenger Vessels, also known as the Six-Pack or charter boat captain’s license, and the 25, 50, or 100-Ton Master License. This waiver is fairly simple to get and will cost $500. How Much Does 6 Pack Charter Boat Insurance Cost? Boat Lights. The IRS requires that you use the vessel for at least 50% for business transportation before you can claim it. S. , personal watercraft, yachts, speedboats (over 65 mph), and commercial boats—i. Medical expenses and treatment of injuries in case of marine accidents. Customers would want a boat that would take time to. While boat insurance is not required in most situations, it. Commercial and Marine Insurance: 221 S. Charter Boat – 10 or fewer customers* $401. You’ll love our fast, easy online applications, affordable rates and first-class, U. At Maritime Insurance we have carved out a specific niche to assist with charter boat insurance. You face many risks every time you take out your charter boat. P. You get the benefit by having a great boat insurance policy and your local agent to service your policy. St Augustine FL 32080. When you're ready to purchase, we can email the policy within minutes. Typically, the insurance premium will be influenced by the boat’s characteristics and usage when insuring a 6-pack charter boat (a vessel that can carry up to six passengers). Midway loopnetCharter Boat - 4 or fewer customers $201. Get a boat insurance quote online today. Comprehensive coverage options for 6-Pack OUPV licensed Boat Captains. 12 Factors That May Impact Boat Insurance Costs. When you're ready to purchase, we can email the policy within minutes. Whether your insured owns and / or operates a Six-Pack Charter, JSM can help secure the coverage they need. The 6-pack captain’s license requirements include that you are at least 18 years old. Owner Johnny and Captain Cassey specialize in private 4 pack charters aboard their Defiance 220 Admiral. The Hull and Liability Insurance typically follows the boat, not the. Wherever your charter boat takes you and your clients, and whatever your activities, make W. Full service boat charters serving south Florida area. This is a discussion that the owner must have with his or her insurance. Make sure that your payment receipt is included as part of your application packet when submitting it to your local Regional Exam Center. . show lawful admittance to the United States for permanent residence. After leaving port, a licensed captain may not work for more than 12 of any 24 hours at sea, except in an emergency when life or property are endangered. Please provide your website address, if applicable: WARNING: Any misrepresentation in this bareboat charter supplementary sheet may renderCarr’s Insurance Agency represents the top-rated insurance companies in both Hawaii & Washington. Age 21; Complete Boater Education Course. As the name suggests, this license allows you to carry up to six paying customers on your fishing charters. $595. 50 Charter Boat - 10 or fewer customers* $401. Age Requirement: Applicants 18 years old or under must have application signed and notarized by. However, this figure is a rough estimate based on the most common types of boats. Visit GlobalMarineInsurance. You can bring your own beer, just bring enough for the Captain!🍺🍺🍺 We are 420 friendly, again bring some for the Captain! I just need to have you bring your insurance card, as I have no liability insurance on the boat. Broader navigation limits covered to meet your cruising needs. Value of your boat. The cost of 6 pack charter boat insurance can vary depending on factors such as the type of vessel, your experience, operating area, coverage limits, and deductibles. How Much Does Boat Insurance Cost? This is a question we get all the time. Benham and reeves careers. Charter Lakes has been providing Charter Boat Insurance (uninspected passenger vessels) for 34 years. Florida boat insurance deductibles. Any information you provide will only be sent to the agent. Few companies to chose from in the marine field and many will not write commercial policies. OUPV (6-pack) Limited OUPV; Master 25-200 Near Coastal; Master 25-200 Inland; Limited Master; OUPV (6-pack) National. Here are some of the most common factors: Type of boat you need covered. I'm curious what commercial boat captains (specifically owners) are paying for annual insurance? The cost certainly depends on hull value, liability limit, number of passengers, whether you overnight, distance from shore you are operating, etc. 6 Pack Charter Boat Insurance Cost. Some of the most popular species caught. Today, we are diving into a topic that I know is on everyone's minds - insurance. Captain and crew coverage. A written agreement is signed whereupon the renterBoat insurance typically costs between $200 to $500 a year, depending on the boat's value and the coverage options you select. We understand your needs as a boat owner. As Marine Specialists, Lucantha Marine Insurance takes pride in our in-depth understanding of the market as well as long established relationships in the industry. Charter Boat – 10 or fewer customers* $401. Charter Stamps are available to licensed charters and guides. Charter Lobster Permit. 6-Pack OUPV Marine License Insurance Exclusions There are several basic differences, the Operator (6 pack) license is for uninspected vessels up to 100 gross tons, up to 100 miles offshore, and the Master is for inspected (vessels carrying 7 or more passengers) or uninspected vessels up to 100 gross tons, up to 200 miles offshore or on inland waters. your charter boat insurance provider. Please advise the number of charters undertaken annually. Get directions. Compare the average cost of general liability insurance for a fishing charter business to other professional industries using the graph below: Several factors will determine the price of your policy. Loss or accidental damage: Loss due to fire and theft. Payments. Protect your investment against damages and liabilities. I run 5 boats in my fleet and each boat along with it's guest are covered daily. Inclement weather, striking submerged objects, and collisions with other boats can all cause injuries. This license costs $210 for residents and $1,050 for non-residents. Good luck and fair seas! 28-09-2017, 09:51 #9: roverhi. Commercial Marine Insurance. The trips range in duration from 1/2 Day and 3/4 Day on the Nautilus and Patriot all the way to 2 Day trips on the Aggressor. Insurance Land can help you to navigate the waters of securing the appropriate charter boat insurance for your charter service. The largest expense, by far, is the cost of purchasing a boat. INAMAR (ACE insurance group) is an example of one and Charter Lakes is another. S. Any information you provide will only be sent to the agent. The cost increases significantly to insure mega yachts or charter boats with more capacity. 6 Pack Charter Boat Insurance Cost. Get the required U. $5. This, of course, does not count the cost of alcohol. Land transit coverage for your vessel to and from the. This course is intended for individuals and groups wishing to obtain their Charter Captains’ License with the U.