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A magnificent yacht glides on calm waters with a distant island in the background
A magnificent yacht glides on calm waters with a distant island in the background

What payment options are available for yacht charters?


Different payment options may be offered during the yacht charter process. These options may vary depending on your holiday budget and the conditions of the charter yacht. Many yacht charter companies allow you to make part of the payment at the time of booking and the rest before the charter starts. This can make your holiday cost more manageable. In addition, credit card payments are also frequently accepted. Using a credit card can make the payment process simpler and more secure, plus there is the possibility to benefit from the additional guarantees offered by your card.

Payment options for charter yachts can also include deposit requirements and insurance costs. A deposit is a security taken for possible damages or losses of the yacht and is refundable after the charter ends. Insurance costs include a fee paid for insuring the yacht. These costs may vary depending on the type of yacht and charter company. You can contact us for more information.

What are the Differences Between Advance Payment and Instalment Payment When Chartering a Yacht?

During the yacht charter process, two common payment options are advance payment and instalment payment. Advance payment requires the full charter fee to be paid at the time of booking. This means that you have to cover the cost of your holiday at the time of booking. Advance payment usually offers a discount on the rental price because it is a safer option for the rental company as payment is due immediately.

Instalment payment, on the other hand, allows you to pay part of the rental price at the time of booking and the rest at a certain date range or when your holiday starts. This option can help you manage the cost of your holiday more easily and help you organise your budget. Instalment payments do not reduce the rental price as much as the option to pay the full rental price in advance, but they offer more flexibility.

Is Insurance Fee Paid for Yacht Charter?

Yacht charter usually includes an insurance fee. The insurance fee paid during the yacht charter provides a guarantee against possible damage or loss of the yacht. This insurance can reduce or eliminate your need to make a deposit or fully personal payment in case of damage or loss of the yacht. The cost of insurance may differ depending on the charter company and type of yacht.

The insurance fee usually varies depending on the value of the yacht, the insurance coverage and the duration of the charter. Insurance can help you spend your holiday more peacefully, as the yacht is protected against various risks.

When to Pay for Extra Services in Yacht Charter?

The time of payment for extra services during the yacht charter can vary depending on the charter company and the agreement. Usually extra services are payable at the time of the yacht charter agreement or at the start of your holiday. For example, extras such as meals, drinks, water sports equipment or private chef service can be specified as part of your charter agreement and paid for together with the charter payment. This ensures that all extra services are ready and available for use when your holiday starts.




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(+49) 152 537 849 81


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