GetMyBoat, one of the growing number of peer-to-peer rental companies in the boating industry, has launched a global boat rental insurance product.
Policies can be purchased by the day, the week, or any duration desired and is underwritten by a globally trusted yacht charter insurance provider. It is not limited solely to the GetMyBoat rental marketplace. Insurance can be purchased by companies, private owners, and renters nearly anywhere in the world. Plans start at $29 per day.
“We have a mission here at GetMyBoat — to bring boating to everyone. Regardless of the location or type of boat, we want to get people off the land and on the water,” said Bryan Petro, CIO of GetMyBoat. “By offering unique coverage to every owner and renter, boaters have the chance to safely and affordably establish their sea, lake and river legs. It gives owners everywhere peace of mind.”
Each policy includes protection up to $1,000,000, including $25,000 for each member of the crew and the captain.