- 1776 N Pine Island Rd, Suite 324 Plantation FL, 33322
- quotes@caseyinsurancecompanies.com
- +1 (888) 537-1412
Bareboat Charter Insurance protects both vessel owners and charterers during a bareboat (or “demise”) charter, where the charterer takes full possession and responsibility for operating the vessel. In this arrangement, the owner temporarily transfers control of the yacht to the charterer, who assumes legal, operational, and financial responsibility for the vessel and its crew.
This specialized marine insurance policy covers hull damage, third-party liability, pollution liability, salvage, and personal injury claims that may occur during the charter period. It ensures that both parties are protected from the substantial risks associated with private charter operations — from mechanical damage and grounding to passenger injuries or navigational accidents.
For yacht owners, Bareboat Charter Insurance provides peace of mind knowing your investment is fully covered while under someone else’s command. For charterers, it satisfies marina, port, and contractual insurance requirements while protecting you from personal liability.
We structure coverage that protects the interests of both parties — ensuring the vessel, passengers, and liabilities are fully insured under clear, compliant terms.
Whether for a single trip, seasonal charter, or international voyage, we customize policy periods and navigational ranges to fit your itinerary.
Our policies meet all regulatory standards for bareboat and demise charters, including marina, port, and lending requirements.
With years of experience in yacht insurance and charter risk, we help clients avoid costly gaps in coverage and negotiate optimal terms for both owner and operator.
Bareboat Charter Insurance covers vessels operated independently by the charterer, without a professional captain or crew. It provides protection for vessel damage, liability, and third-party injury during the charter period.
Anyone renting or operating a vessel under a bareboat or self-operated charter agreement must carry insurance to protect both themselves and the vessel owner from potential financial loss.
Coverage often includes Hull & Machinery, Protection & Indemnity (P&I), and optional coverage for pollution, salvage, or wreck removal. Both the owner and charterer may be listed as insured parties.
Charterers must show proof of navigational experience or licensing, comply with maritime safety laws, and stay within approved cruising limits specified in the policy.
Yes. P&I coverage provides protection for passenger injuries, property damage, and collision liability, ensuring third-party claims are covered during the charter.
Exclusions include negligence, unlicensed operation, failure to meet safety standards, or use outside approved navigational areas. Policies do not cover willful or reckless conduct.
In a bareboat charter, the charterer operates the vessel independently and assumes full control, while in a captained charter, the owner provides a licensed captain and retains operational authority.
