How to Charter A Boat: Tips for Beginners

You might be standing at a point where you hesitate between to charter a boat and to go buy one since the price of a charter can reach up to the price of a boat. It can come handy at this spot, to mention the benefits of chartering briefly. 

Why Charter Instead of Buying?

Buying a yacht can seem more profitable but the truth is much different than that. You can find expenses coming down on you from all quarters. At once, you need to buy an insurance package for your boat and after that you decide where to moor your boat or depending on its size, where to store it. 

The marinas will charge you for the surface area and it can cost quite a bit annually. If your boat is able to be stored, you will also need to pay the trailer’s fee. You have got to think about the crew’s money and catering payments adding all these costs if you are going to have guests on the boat unless you are determined to meet your companions’ needs by yourself.

Taking all these assessments into consideration, buying a boat is one thing and continuing to have it is another…

Location is the Key to Start

From where to shove off is a big of a question in this business. You must comply with all the regulations within the country you want to start your voyage. By paperwork, it’s usually easier to rent a crewed boat because they will manage things and you will have less things to worry about and that means the charterer also has less things to worry about now that you are taken care of by professionals. 

You can go with the Caribbeans as a popular winter destination or you can choose to drop anchor in the Mediterranean in summer. The time also plays a significant part in the game of sailing.

Know Your Brokerage House 

If you go with a decent brokerage there will not charge you any money until you arrive at your boat that you have chartered. It means you are protected moneywise since there is a scenario in which you didn’t like the boat or you think that’s not the boat you agreed upon with the broker. For this possibility it is very crucial to investigate the charter brokerage for their credibility. 

It is highly recommended for you to take a look at the agencies listed by Charterads for you, take a look at the comments on the forums and if possible find and talk to people who have chartered boats before. Remember that your broker is your man on the land who takes care of you during your experience.

Dive into Details to Shape Your Itinerary

From this point on, it is up to you and the agency you work with to plan ahead. Usually bookings are made for a week and the routes are determined accordingly. You will be suggested a headcount for the crew and menu for your voyage. You can hope for certain flexibility from your crew if you have any change of heart such as wishing to spend another night in a beautiful cove during the cruise. And that’s the advantage of a floating home, isn’t it?