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:
- Yacht Damage Waiver (YDW). A $27 per day fee which reduces your liability for the insurance deductible to $250, as described in the Yacht Charter Agreement. A credit card imprint or check will be required to secure the $250 insurance deductible.
- Security Deposit. A refundable security deposit of $2,000 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 $27 per day 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
- Once you've confirmed your reservation, you may make a change of dates or vessel to an existing booking 45 days or greater prior to the first day of charter for a $50 administration fee.
- A change of boat on an existing booking 44 days or less prior to the first day of charter must be considered a cancellation and will incur any fees outlined in the Cancellation Policy.
Cancellation Policy
- If you cancel any or all charter days 45 days or more prior to the first day of charter, the booking deposit shall be refunded less a $50 administrative fee.
- If you cancel any or all charter days 44 to 15 days prior to the first day of charter, you forfeit your 33% booking deposit.
- If you cancel any or all charter days 14 days or less prior to the charter start date, you remain liable for 100% of the charter fees.
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.


