# What type of insurance do I need to list my boat on Boatsetter?

> Insurance Options for Boatsetter Owners   To list your boat on Boatsetter you must have  adequate insurance coverage  that complies with Boatsetters policies 

Source: https://support.boatsetter.com/en_us/what-type-of-insurance-do-i-need-to-list-my-boat-on-boatsetter-rJyB0ycyg

Last updated: 2025-11-19T18:02:31.298Z

If you’re planning to list your boat on Boatsetter, having the right insurance is essential. Boatsetter supports two types of insurance options. Here’s a quick guide to help you choose the one that best fits your needs.

## **Option 1: Peer-to-Peer Insurance with Buoy**

**Best for:** Private boat owners renting occasionally

**What you need:** A personal/recreational boat insurance policy (used for your own personal boating)

**How it works:**

*   Buoy provides coverage during your Boatsetter charters
*   Includes liability, hull protection, and renter damage
*   Complies with all U.S. Coast Guard (USCG) regulations
*   Replaces your personal insurance during rentals if your policy doesn’t allow for charter use

**Good to know:** This is the simplest option if you’re renting casually and not running a charter business.

## **Option 2: Commercial Charter Insurance**

**Best for:** Charter business owners or owners looking to rent out their boat a lot

**What you need:** A commercial general liability policy or a charter endorsement

**How it works:**

*   You'll need to obtain coverage outside of Boatsetter
*   Must comply with all state and local insurance requirements
*   Policies are typically paid annually

**Good to know:** While this option requires more effort to set up, it can be more cost-effective in the long run for frequent rentals or commercial operations.

_Florida owners:_ Click [here](https://support.boatsetter.com/en_us/buoy-commercial-renters-insurance-B10e28pq2) for more information about SB606 and supplemental renters insurance.

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## **Which option should you choose?**

**Insurance Type**  

**Ideal For**  

**Key Benefits**  

**Cost** 

**Peer-to-Peer with Buoy**  

Private owners renting occasionally  

Simple setup, USCG-compliant, rental coverage replaces personal insurance  

A small premium is paid each time the boat is rented  

**Commercial Insurance**  

Charter businesses  

Commercial charter insurance, satisfies state and local requirements 

Premium is paid every year, regardless of how often the boat is rented  

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## **Why can’t you use regular recreational insurance for rentals?**

Standard boat insurance typically _does not_ cover rentals or charters—they’re meant for personal use only. If you rent your boat without proper coverage or a commercial endorsement, you risk being uninsured during an accident or damage.