Security deposit

For all bookings, a security deposit is held on the renter’s card to cover any incidental damage or lost items. 

Boats under GEICO BoatUS insurance policy

A $500 security deposit hold will be placed on the renter’s credit card. Renters are liable up to $1,000 in damages, including their $500 security deposit. All damage deposits are held until the investigation of damage is complete. In order to file a claim, you must have a completed Pre/post-booking inspection form.

Boats under own insurance policy 

A $500 security deposit hold will be placed on the renter’s credit card. All damage deposits are held until the investigation of damage is complete. In order to file a claim, you must have a completed Pre/post-booking inspection form.  

Owners may request to change the value of the security deposit by emailing us at contact@boatsetter.com.