Buying Insurance for Your Charterboat

Buying Insurance for Your Charterboat

Second Edition

Terry Johnson

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Description

Buying Insurance for Your Charterboat clarifies the unique insurance requirements for charter vessel owners, and offers solutions to selecting insurance. Maritime law places the responsibility for damages from "unseaworthiness" on the vessel's master, and interprets damages to include almost any situation where a person on the boat gets hurt. Johnson explains how vessel insurance businesses are set up, and encourages owners to work with companies who have charter experience. The charter owner will learn how to pick an agent and a policy, and how to select coverage. A marine policy insures more than a boat—it insures a business.

This is part of the Alaska Sea Gram series.

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