A service fee is required of both renters and owners. By paying the stated service fee, renters and owners are covered in the following manners:
- A 10% service fee will be charged to the boat renter for each rental booked.
- 5%: For all charter/commercially insured boats that meet all USCG standards and regulations as well as state minimum insurance requirements.
- 35%: For all boats that do not have commercial or charter insurance that utilize the insurance provided by Boatbound through Geico Marine. Full policy details can be found here.