Reservation Policies

Yacht Damage Waiver / Security Deposit
Your yacht will be insured by the yacht's owner subject to the insurance policy deductible. The charterer's liability for loss of or damage to the yacht or its equipment will be limited to the insurance deductible amount.

Superior Charters offers an optional Yacht Damage Waiver to protect you and your crew in the event of loss or damage to the yacht or its equipment. You may select one of the following two options for your charter booking:

  1. Yacht Damage Waiver (YDW). A daily fee which reduces your liability for the insurance deductible to $500, as described in the Yacht Charter Agreement. A credit card imprint or check will be required to secure the $500 insurance deductible.
  2. Security Deposit. A refundable security deposit payable in cash or check. This security deposit can be applied to the repair of damages or loss of equipment or cancellation fees. This deposit does not relieve the charterer of loss or damage over the amount of the deposit, as described in the Yacht Charter Agreement.

Should you elect to waive the Yacht Damage Waiver, the daily fee will be credited towards your balance due and the refundable security deposit is due via cash or check 45 days prior to the first day of charter. The security deposit will be refunded one month after termination of the charter in the event of no loss or damages.

Change Policy

Cancellation Policy

Note: We've selected Global Alert Travel Protection to provide you with a comprehensive travel insurance program. Options include Trip Cancellation/Interruption, Travel Delay, Medical Expenses, Emergency Assistance, Air Flight, Baggage and Baggage Delay coverages to protect your financial investment. Learn more about this service and protect your investment today!

Download our Reservation Policies document for additional details regarding the above policies.