On Mon, 25 Oct 2004 19:07:35 -0400, Eisboch
wrote:

~~ snippage ~~

When I checked into this the insurance was quite expensive and was
technically based on the number of charters you did. I don't know how
they can verify it, but that's what I was told. The insurance on my 48
footer almost tripled for the short time that I carried it and it was
based on only doing a half dozen charters.

I have a 25 ton Near Coastal (had it for years actually, just never
used it) and was seriously thinking about running a charter operation
with my Contender. Once I wrapped my brain around all the LLC stuff,
I decided to look into the insurance.

If I chose to run OUPV the insurance per passenger would have been
considerably cheaper than if I ran as an Inspected Vessel. It was
also interesting that I would have to run with one less passenger than
I would have with the OUPV due to the restrictions of the boat. It
was weird.

Then there was the question of actually running a viable business
never mind a break even business. In the last issue of "On The Water"
there were seventy one different Captains and boats for hire. And
that was just in my immediate area.

It would have been fun, but I also didn't want to lose more money than
I already do running two boats for my own amusement. :)

Take care.

Tom

"The beatings will stop when morale improves."
E. Teach, 1717