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Yacht Damage Waiver & Security Deposits

Yacht Damage Waiver & Security Deposits

For all charters featured by us, you will be required to provide cover against accidental damage or loss to the yacht and ancillary equipment and either purchase Yacht Damage Waiver (“YDW”) upfront, or pay a higher Security Deposit at the base, as further detailed below.

In the event that you or any other Passenger in your party causes damage or loss to the yacht (howsoever caused) or to property belonging to a third party you will be liable for the damage up to the value of the security deposit paid at the base, except in the case of negligence as defined below.

If you or any other Passenger in your party causes damage or loss to the yacht, any ancillary equipment or to property belonging to a third party and such damage or loss is caused as a result of your negligence or reckless conduct you will be liable for the full extent of the loss suffered and our right to claim against you will not be limited or waived in any way by the payment of the security deposit or purchase of YDW. We shall deduct the amount of the security deposit from the total loss and the balance shall then be payable by you. We shall provide you with an invoice for the total damage costs which shall be payable by you on demand.

During the booking process you will be provided with the option of either purchasing YDW (see option 1 below) or paying a higher security deposit at the base (see option 2 below). You will not be able to proceed with your booking unless you agree to one of these options. By asking us to confirm your booking you are agreeing to comply with the content of this section and make any required payment.

Option 1: Yacht Damage Waiver

If you choose to purchase the YDW this will be added to your booking at the time of booking or, if purchased later, at the time of your purchase. You will be provided with the cost of purchasing the YDW during the booking process which will be added to your overall vacation cost. Note that this YDW rate subject to change. This is an up-front prepayment to cover any damage to the yacht and will not be refunded to you at the conclusion of your vacation. In addition, you will be expected to pay a damage security deposit upon arrival at the base (as set out in the table below). The security deposit will be taken prior to embarkation and if you do not pay the security deposit we reserve the right to cancel your booking without further liability and you shall have no right to a refund and you will not be entitled to continue with the charter. This security deposit may be refunded to you at the conclusion of your vacation, subject to certain requirements being met.

Option 2: Security Deposit

If you choose to pay a security deposit only, and do not purchase YDW, you will be asked to pay a sum as a security deposit upon arrival at the base (as set out in the table below). The security deposit will be taken prior to embarkation in the local currency subject to the location of the base. If you do not pay the security deposit we reserve the right to cancel your booking without further liability and you shall have no right to a refund and you will not be entitled to continue with the charter. This security deposit may be refunded to you at the conclusion of your holiday, subject to certain requirements being met.

YDW Daily Fees and Security Deposits – for Sail Boats (Monohulls and Catamarans), and Power Boats, in all locations, except Italy (see below).

Hull TypeSize Option 1Option 2
USD Per DayEUR USD EUR USD
Catamaran30-41$120€807$849€5,915$6,230
42-44$125€1,037$1,091€7,600$8,005
45-49$130€1,361$1,433€9,980$10,505
50-99$170€1,936$2,038€14,200$14,945
Monohull30-34$70€487$513€3,575$3,760
35-39$75€658$693€4,830$5,080
40-49$85€800$842€5,865$6,175
50-99$105€939$989€6,885$7,250
Power30-41$120€822$865€4,735$4,985
42-44$125€1,235$1,300€7,600$8,005
45-51$130€1,361$1,433€9,980$10,505
52-99$170€1,742$1,834€12,775$13,450

YDW Daily Fees and Security Deposits – for Sail Boats (Monohulls and Catamarans), in Italy.

Hull TypeSize Option 1Option 2
USD Per DayEUR EUR 
Catamaran30-41$110€700€4075
42-44$115€1050€5250
45-49$120€1050€6875
50-99$155€1050€9775
Monohull30-34$65€650€3075
35-39$70€1000€4150
40-49$75€1000€4475
50-99$95€1000€5200

Excludes Moorings Crewed Yachts

For full terms related to Yacht Damage Waiver (YDW), please review our booking terms and conditions:

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