Waves and Wages

April 2021 News

Like a parent leaving a child on the first day of school, it's hard to let go. Boat owners are no different. Handing over the keys can be tough, even though there's money to be made through peer-to-peer rentals. That's where Boatsetter comes in. With every insurance nuance and renter detail covered, owners are free to kick back, share their love of the water with others and let the cash roll in.

All boat owners have insurance, but not like this. Every Boatsetter rental is covered by a stand-alone Peer-to-Peer Rental Policy from the BoatUS Marine Insurance Program. Underwritten by GEICO Marine Insurance Company, it was created specifically to cover owner and renter alike between departure and return. Included are significant liability coverage of $300,000 per person and $300,000 total liability per accident, and close to $1M in case of a fuel spill. The hull, equipment and trailer are protected. It even addresses the tricky issues of uninsured boaters and medical payments.

"The traditional way of owning a boat is changing," said BoatUS VP of underwriting Mike Pellerin. "And our peer-to-peer policy for Boatsetter addresses those changes. It gives boat owners the protection they need to offset the cost of ownership, and gives those who thought boating was out of reach a great way to enjoy the boating lifestyle."

While on the water, Boatsetter won't let a minor issue ruin anyone's day. Whether it's running out of fuel or needing a tow, every rental comes with 24/7 TowBoatUS support. It ensures little issues don't turn into big headaches.

Boatsetter knows a knowledgeable boater is safer on the water. That's why it encourages its renters to enroll in a complimentary online Boating Safety Course from the BoatUS Foundation. In states where boating education is mandatory, renters can obtain their certification or license in a matter of a few hours.

Boatsetter is the free online marketplace that connects owners, licensed captains and renters. Whether inland or coastal, sail or power, the boat and everyone involved are all protected.

Contact Boatsetter, 330 SW 2nd Street #111, Fort Lauderdale, FL 33301. contact@boatsetter.comwww.boatsetter.com.

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