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  1. #1
    Join Date
    Nov 2019
    Posts
    2

    Default Bareboat Charter Deposits in the Med

    Hi All!

    We've just booked a 42' Lagoon 42 (2019) for a two week bareboat charter in Greece for next September.
    Shocked to see that the damage deposit will be €6,000!
    We've booked through Easy Sailing (www.easysailing.gr).
    Anyone else seeing such high deposits being asked?

    Of course, we intend to insure this, but it will cost about €550.

  2. #2
    Join Date
    Apr 2014
    Location
    South East Wales
    Posts
    6,204

    Default Re: Bareboat Charter Deposits in the Med

    Security deposit in Turkey next year for a Sun Odyssey 490 (also 2019) is €2000. Also a 2 week charter.

  3. #3
    Join Date
    Apr 2014
    Location
    South East Wales
    Posts
    6,204

    Default Re: Bareboat Charter Deposits in the Med

    Chartered in Croatia, Greece, Turkey & Thailand and never paid that level of deposit.

  4. #4
    Join Date
    Nov 2016
    Location
    Humber
    Posts
    979

    Default Re: Bareboat Charter Deposits in the Med

    We’ve always paid non returnable damage waver, about £350 and then had no deposit= no hassle

  5. #5
    Join Date
    Mar 2010
    Location
    Ammersee, Bavaria
    Posts
    5,603

    Default Re: Bareboat Charter Deposits in the Med

    Quote Originally Posted by Daverw View Post
    We’ve always paid non returnable damage waver, about £350 and then had no deposit= no hassle
    +1 .... Go the damage waiver route every time. €6000 deposit seems pretty steep.
    The best argument against democracy is a five-minute conversation with the average voter.

  6. #6
    Join Date
    Apr 2014
    Location
    South East Wales
    Posts
    6,204

    Default Re: Bareboat Charter Deposits in the Med

    We insure the deposit.

  7. #7
    Join Date
    May 2015
    Posts
    12

    Default Re: Bareboat Charter Deposits in the Med

    Policy excesses for bareboat charter companies have gone up considerably in the last few years (insurers trying to recover from recent events in the Caribbean) but 6k sounds steep.

    One company in the Ionian, Greece doesn't give the offer of a security deposit and includes the damage waiver in the charter fee, so no hassle and no surprises once booked.

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