Question 1

What does charter and sportfishing vessel insurance typically cover?

Accepted Answer

It typically includes hull and machinery, marine liability, passenger liability, medical payments, and coverage for common perils like collision, weather, fire, and theft, depending on your program.

Question 2

Does this coverage apply to paid charters and commercial use?

Accepted Answer

Yes. Charter operations need a commercial marine policy. Personal yacht policies often exclude for-hire use, so it is important your insurance reflects your actual operation.

Question 3

Are passengers and crew covered while on board?

Accepted Answer

Most charter programs include liability that can respond to passenger injuries and certain crew-related exposures, although coverage terms and limits vary by carrier and vessel operations.

Question 4

Can I insure fishing gear, tackle, electronics, and onboard equipment?

Accepted Answer

Yes. High-value gear and electronics can often be scheduled or endorsed, which is especially important for sportfishing operations with specialized equipment.

Question 5

Is coverage limited to certain waters or regions?

Accepted Answer

Yes. Policies include navigation limits. If you operate along the Pacific Coast, offshore, or into Mexico, those navigation limits should be clearly listed and approved by the underwriter.

Charter & Sportfishing Vessel Insurance