Boats Library

Every charter booked through our platform includes baseline insurance protection. We work with established marine insurers to ensure that both boat owners and charterers are covered, so you can enjoy your time on the water with peace of mind.

Standard Coverage

All boats listed on the platform are required to carry the following minimum insurance coverage:

Third-party liability: Covers damage to other vessels, property, or injury to third parties caused by the chartered boat. Minimum coverage of EUR 500,000.
Hull insurance: Covers physical damage to the boat itself, including collision, grounding, and weather-related damage. Coverage amounts vary by vessel value.
Crew and passenger coverage: Personal accident coverage for all persons on board during the charter period.

What Is Included in Your Charter

When you book a charter through the platform, the following is typically included in the standard booking:

The boat owner's existing hull and liability insurance policy remains active for the duration of the charter.
A security deposit (held as a pre-authorization or paid separately) protects the owner against damage not covered by insurance or within the policy deductible.
Basic personal accident coverage for all passengers.

Additional Coverage Options

For extra peace of mind, we offer optional add-on coverage that can be purchased at the time of booking:

Deposit waiver: Reduces or eliminates your security deposit liability in case of accidental damage. Typically costs 30-50% of the deposit amount.
Trip cancellation insurance: Reimburses your charter cost if you need to cancel due to covered reasons such as illness, injury, or severe weather.
Personal effects coverage: Covers loss or damage to your personal belongings while on board.
Extended liability: Increases the third-party liability limit beyond the standard coverage amount.

Security Deposit

Most charters require a security deposit, which is returned in full after the charter provided there is no damage to the boat. The deposit amount is set by the boat owner and displayed on each listing. Key points:

The deposit is typically held as a credit card pre-authorization and released after the post-charter inspection.
If damage occurs, the deposit may be partially or fully retained to cover repair costs up to the deductible amount.
Purchasing a deposit waiver can reduce your maximum liability significantly.

Claims Process

In the event of damage or an incident during your charter, follow these steps:

Document the damage: Take photographs and notes as soon as it is safe to do so. Record the date, time, location, and circumstances.
Notify the boat owner: Contact the boat owner or charter base immediately to report the incident.
File a report: Report the incident to the platform through your booking dashboard or by emailing claims@catamaranbook.com.
Cooperate with investigation: Provide any requested documentation, photographs, or statements to support the claim.
Resolution: Claims are typically resolved within 14-30 business days. The platform facilitates communication between the charterer, owner, and insurer.

For Boat Owners

As a boat owner listing on the platform, you are required to maintain adequate insurance on your vessel. Please ensure:

Your policy covers charter use (not just private use).
Your insurance certificates are uploaded and current in your listing profile.
You notify your insurer that the vessel is listed on a charter platform.