Rental Fleets and Bareboat Charters
At Southern Cross, we understand the complexities of insuring boats rented or chartered to others. Whether you are offering a boat for bareboat charters or maintain a large rental fleet, we can help you find the right solution.
Frequently Asked Questions
Find answers to the most common questions about our marine insurance services.
What is P&I insurance?
P&I (Protection and Indemnity) insurance covers third-party liabilities, including injury, loss of life, and damage to other vessels or property.
Do you offer coverage for crew members?
Yes, we offer coverage to paid crew for most vessels.Â
Is hull coverage included in your policies?
Yes, hull & machinery coverage to protect against physical damage to the vessel is offered in most cases.
Can I get insurance for my jet ski rental business?
In most cases, we can find a solution for your jet ski rental business.
What types of vessels do you cover?
We cover captained charter boats, rental boats (including jet skis), bareboats, parasail boats, diveboats, and water ski/wakeboard boats.
What is the process for filing a claim?
The Policyholder has certain duties in the event of an incident or accident which may give rise to a future claim. As part of our service, we will guide your through the claim reporting process.
What is the difference between liability and hull coverage?
Liability coverage protects against third-party claims, while hull coverage protects against physical damage to your own vessel.