Guest usage with the Moorings is booked as any other charters with the same contracts. Guests can purchase insurance or opt for a 5000.00 credit card deposit the same as owners. Keep in mind that the insurance charter companies sell is not really true insurance. In the case of the Moorings you are buying the deductible down from 5000 to 800 dollars. Other companies are generally the same. It’s very expensive for what you get and I always opt not to take the insurance. I am many tens of thousands of dollars ahead doing that. Boat damage is the responsibility of the Moorings to repair regardless of how the charter was originated. If the damage is serious owners can opt to have a surveyor involved with the repair but you pay that out of your pocket.
The good part of selling owners time is 100% goes into your pocket. If you sell two weeks a year and put that plus all the monthly lease payments against the note you will be in a excellent financial position at the end of the contract.