A security and damage bond is required by our insurers for all charters. Bonds vary from $2500 to $5000 depending on the boat’s insurance excess. (In most situations, the vessel has insurance to cover loss or damage in excess of the bond value, but there are some circumstances under which the Charterer may be liable beyond the value of the Bond, as listed in the Charter Agreement.) The bond is fully refundable after your charter, less deductions for any loss or damage, when boat checks have been completed. We normally reserve this as an authorized amount against a credit card prior to sailing. Please complete and return the bond payment form included with your booking forms.