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.
- For all charter/commercially insured boats that meet all USCG standards and regulations as well as state minimum insurance requirements. The commission rate is based on a 12-month rolling calendar year.
- Rentals 0-10 15% commission
- Rentals 11-25 12.5% commission
- Rentals 26+ 10% commission
- 35%: For all boats that do not have commercial or charter insurance that utilize the insurance provided by Boatsetter through Geico Marine. Full policy details can be found here.