I admire your enthusiasm, but I would be careful about a new charter business these days.
There is too much uncertainty handed down from DFO to really understand what your potential
will be in the years to come.
A serious investment in boat,tackle and other associated costs could be lost with closures
that limit fishing in the future.
What do you mean by "good insurance"?Would anyone be able to recommend a good insurance for a commercial sport fishing boat in Vancouver? for a 27in aluminum boat and what the yearly price would be like
Not sure what transport Canada will have to say about licensing it though27 inch boat should be pretty cheap to insure.
Not sure what transport Canada will have to say about licensing it though
If it floats a metal thru hull, you're good to go manNot sure what transport Canada will have to say about licensing it though
Thank you for your help, do you know any insurance brokers that you can recommend?What do you mean by "good insurance"?
You will have to go to an insurance broker, give them the full details of your vessel including contents (attached and not attached), value of the hull, motors, electronics etc then the liability coverage etc.. When that is all settled the broker will put the coverage out for bid to all the underwriters. They will usually use 3 to 6 different ones and should let you know what all the quotes are when they come in. Then you decide on the one you want to go with. If you currently have insurance for your sport recreational vessel you can pretty much expect it to almost double if you are going to get full coverage for everything and clients as a commercial charter operation. We can't tell you how much it's going to be cause we don't know all of the details I listed above.
They are all doing the same thing; selling insurance. And they all put the policies out for bid to mostly the same under writers. You could ask if the broker you use or is near you has a marine division. Some of agents that specialize in boating policies in their offices.Thank you for your help, do you know any insurance brokers that you can recommend?
all, I actually forgot I posted this. I was doing it a little on the side. Not doing it anymore. thank you all for the amazing advise.Seems like I had a crystal ball 7 years ago .....
wonder if the OP ever started a charter business